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4704 Florence Ave
Bell, CA 90201 Cudahy

$7,000,000 USD

Apartments For Sale • 23,316 SF

Property Details

Property Type Apartments
Total Building Size 23,316 SF
Lot Size 0.74 AC
Building Class C
Year Built 2022
Zoning C3R

0 Transit Score

78 Walk Score

                
                    Highlights
                
                                LENDER OWNED! NON-Rent-Control apartment investment – newly built completed in Dec 2022 and COO issued in Feb 2023
                            
                                Offered at attractive CAP Rate of 6.25% with additional upside including converting office structure to ADU
                            
                                Offered at a low price of $300/SF for a brand-new construction - Positive Leverage deal on a new product without rent control restriction
                            
                                Subject property was appraised for more than $9million back in May 2023 (report will be provided during escrow)
                            
                                Superb unit mix of Fourteen 4-bedroom townhome style units with direct access to 2 car garages
                            
                                Brand new everything – MEP: Copper plumbing, abs sewer pipe, new roof, new electrical

Property Flyers

Flyer-4704FlorenceAve

Amenities

Air Conditioning
Balcony
Cable Ready
Disposal
Laundry Facilities
Washer/Dryer Hookup
Gated
Heating
Kitchen
Hardwood Floors
Sprinkler System
Range
Tub/Shower
Double Pane Windows

Public Transportation

Commuter Rail	Drive	Walk	Distance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.0 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	5.5 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	21 min	-	13.5 mi
Los Angeles International	26 min	-	14.3 mi
Bob Hope	34 min	-	25.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	35
Type:	AttachedGarage
Included in Rent:	Yes

Han Widjaja-Chen 626-594-4900 Growth Investment Group California

4704 Florence Ave Bell, CA 90201 Cudahy