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6629 - 6633 Pine Avenue
Bell, CA 90201
Asking Price
$825K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 12,360 SqFt <ul><li>Zoned R3 for potential 10-unit townhome or condominium development</li><li>Possibility of greater density for affordable housing</li><li>Seller is pro-development</li><li>Desirable location in the South East Los Angeles area</li><li>Situated in a low-density area amongst Single Family Homes and smaller Apartment Buildings</li><li>Seller will work with Buyer to achieve a 'For Sale' development</li></ul>
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NOI
$80,000
Cap Rate
9.70%
DSCR
1.63
Strong
Cash-on-Cash
12.53%
Monthly Payment
$4,081.65
Annual Cash Flow
$31,020.202
