Listing Courtesy of: CRMLS / Lyon Stahl Investment Real Estate, Inc. / Michael Millea - Contact: 310-233-2800
4272 Florence Avenue Bell, CA 90201
Sold (50 Days)
$1,900,000
12,065
SQFT
Description
MLS #:
SB24213441
SB24213441
Lot Size
0.82 acres
0.82 acres
Type
Multifamily
Multifamily
Year Built
1920
1920
County
Los Angeles County
Los Angeles County
Listed By
Michael Millea, Lyon Stahl Investment Real Estate, Inc., Contact: 310-233-2800
Bought with
James Escamilla, DRE #02026285 CA, Century 21 Masters
James Escamilla, DRE #02026285 CA, Century 21 Masters
Source
CRMLS
Last checked Apr 18 2025 at 11:42 AM GMT+0000
CRMLS
Last checked Apr 18 2025 at 11:42 AM GMT+0000
Bathroom Details
Lot Information
- Level
- Near Public Transit
- Rectangular Lot
- Street Level
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Additional Information: Lyon Stahl Investment Real Estate, Inc. | 310-233-2800
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
The Northern half of the property is Zoned C-3R and the Southern 1/2 is zoned R3. The City Planing Department indicated that 24 Apartment units can be built on the site. Buyer to verify. This property has the same size lot and same zoning as the property located at 4324 Florence Blvd. . 4324 Florence blvd. is a 72 unit 46,399 sq. ft. property which is being run as a Senior Apartment Complex
4272 Florence Blvd. currently has just over 12,000 sq.ft of mixed use building built around 1920. 11.73 GRM at Market Rents
There is a single story 8,675 sq. Ft (which also has an additional 3,100 sq. Of mezzanine storage space).
The 8,675 sq. Ft building fronts Florence Ave and features 5 retail storefront units and 2 units that are rented as residential rental units.
Then there is a 4 bedroom + 2 bath 2,100 sq.ft. house on Walnut St.
Finally, a stand alone 2 story house of about 1,260 sq. Ft.
Currently, total rent is a very low $9,410/mo
The LA County property tax assessor recently appraised the property at $3.1M for property tax purposes.