4704 Florence AVE Bell, CA 90201
0.74 Acres Lot
UPDATED:
01/06/2025 11:42 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25003166
Construction Status Repairs Cosmetic,Updated/Remodeled
HOA Y/N No
Year Built 2022
Annual Tax Amount $102,383
Tax Year 2024
Lot Size 0.740 Acres
Property Description
This newly built property consists of 1 x 4bedroom+3bathroom, and 13 x 4bedroom+2bathroom townhouse style units that are spread over 4 different structures. The total building size is ±23,316 SF on a large ±32,240 SF C3 Zoned Lot. Each unit is large with an estimated size of ±1500-1700 SF (buyer to verify). It has the 5th building that is a 2-story building where 2nd floor is suitable for private office and 1st floor as a laundry room/self-storage, or could be converted into ADU. Each townhouse style apartment is a 3-story unit that has almost all the amenities typical townhome unit has: attached 2 car garages, central A/C and heating, Tankless water heater, Double pane windows, Recessed LED Lighting, Balcony and sundeck. The property is fully occupied with tenants providing a stable income yet allowing future upside recapture through annual rent increases. Each unit has modern amenities like quartz kitchen countertops, vinyl/wood flooring, recessed lighting, automatic garage opener, and much more.
The property has a long driveway that opens to the main residential area in the back, thus providing extra privacy and sound-barrier from Florence Ave traffic. Parking is provided by 28 garage parking and there are several additional open space parking areas (5 open + 1 disabled + 4 spaces in the fire lane area).
The area is a mixture of residential/commercial areas with superb access to FWY 710 that connects to FWY 5, FWY 101, and FWY 105. It offers density and high demand for rental units providing a steady base of future tenants when there's a vacancy in the future.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Rooms
Other Rooms Guest House Detached
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator
Laundry None
Exterior
Parking Features Assigned, Direct Access, Garage
Garage Spaces 28.0
Garage Description 28.0
Pool None
Community Features Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asphalt
Total Parking Spaces 34
Private Pool No
Building
Lot Description Level, Near Public Transit
Faces North
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Additional Building Guest House Detached
New Construction No
Construction Status Repairs Cosmetic,Updated/Remodeled
Others
Senior Community No
Tax ID 6226002400
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Real Estate Owned
