6806 Chanslor Avenue Bell, CA 90201
12,110 Sq. Ft., 0.278 acres lot size / Land
Status: Sold
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One of the only opportunities to develop 5 units in the up and coming city of Bell, this property is currently in the process for approval of the development of 5 units. 3 units will be 3 bedrooms 2 bathrooms (total of 2581 sq.ft) and 2 units will be 2 bedrooms 2 bathrooms (3906 sq.ft). The current house standing is a 2 bedroom one bath on a huge 12,109 sq.ft lot (Zoning BLR3). This property is ripe for picking, near by new development have sold in the range of 500k-600k per unit and at CAP rate around 4%. Current market rents are ranging from $2,200-$2,600 for newly developed 2 bedroom units, and $3,000-$3,400 for newly developed 3 bedrooms units. Project plan check is 75% completed.
property details
Type
Land
Status
Closed
County
Los Angeles
Lot Size
12,110 Sq. Ft., 0.3 acres
Listing Id
CV23034588
Courtesy Of
Taffy Bishara - RE/MAX OLYMPIC 626-991-7787
List Office Phone
+1 626 331 4868
Utility & Building Info
Parcel Number
6327037007
Water Source
Public Water
Architectural Style
Other
 |
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
10/24/2023
10/24/2023
|
Sold |
$780,000
|
CA Regional MLS (CRMLS) |
|
10/04/2023
10/04/2023
|
Pending |
$795,000
|
CA Regional MLS (CRMLS) |
|
07/21/2023
07/21/2023
|
Active |
$795,000
|
CA Regional MLS (CRMLS) |
|
07/01/2023
07/01/2023
|
Pending |
$795,000
|
CA Regional MLS (CRMLS) |
|
05/31/2023
05/31/2023
|
Active |
$795,000
|
CA Regional MLS (CRMLS) |
|
05/18/2023
05/18/2023
|
Pending |
$795,000
|
CA Regional MLS (CRMLS) |
|
05/03/2023
05/03/2023
|
Active |
$795,000
|
CA Regional MLS (CRMLS) |
|
03/09/2023
03/09/2023
|
Active |
$995,000
|
CA Regional MLS (CRMLS) |
|
03/01/2023
03/01/2023
|
Active |
$795,000
|
CA Regional MLS (CRMLS) |
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Market Trends
Source: Constellation1
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