NOT LISTED FOR SALE

6514 Flora Ave Bell, CA 90201

Bell Area
12 Beds
12 Baths
6,360 Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: April 6, 2022

Last sale price $2,200,000 $346 Per Sq Ft

5 Days on Market

About This Home

As of April 2022

We are pleased to present 6514 Flora Avenue in the city of Bell, a 12-unit multi-family asset. The subject property consists of (12) one bedroom, one bathroom units and (12) detached single car garages. With a lot size of 19,075 square feet, the building square footage is 6,360. The location has a walk score of 89 allowing tenants to accomplish most errands on foot. Given the attractive lower cost per unit, desirable single story layout and substantial amount of rental upside, this makes for an outstanding investment opportunity for years to come.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 03/02/2022

Last Buyer's Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 03/02/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.44

Parking

  • 12 Car Garage

Interior Spaces

  • 6,360 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Additional Features

  • 19,075 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 6325-016-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.44 Acres

Parking

12

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6360
  • Lot Acreage: 0.4379
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 334.12

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 12
  • Garage Structures: 2
  • Parking Garage: Garage - 1 Car
  • Total Parking: 12

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 72.41
  • Assessed Improvement Value: 105749
  • Assessed Land Percent: 27.59
  • Assessed Land Value: 40285
  • Total Assessed Value: 146034
  • Assessor Parcel Number: 6325-016-002
  • Lot Size Area: 19075

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 16.96
  • Number Of Units: 12
  • Type Of Units: Multi-Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
0.0723%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 25, 2022
Sold by
Bought by
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
List Price
$2,125,000
Sold Price
$2,200,000
Premium/Discount to List
$75,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
0.089%

Purchase Details

Closed on
Jun 23, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
$2,200,000 Chicago Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,850,000
Closed $1,675,000
Previous Owner $220,000
Previous Owner $1,430,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $2,200,000 +3.5% $346 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $2,125,000 -- $334 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $39,087 $2,334,657 $955,087 $1,379,570
2024 $37,291 $2,288,880 $936,360 $1,352,520
2023 $36,632 $2,244,000 $918,000 $1,326,000
2022 $5,904 $148,953 $41,090 $107,863
2021 $5,813 $146,034 $40,285 $105,749
2019 $5,699 $144,164 $39,091 $105,073
2018 $5,236 $141,386 $38,325 $103,061
2016 $4,992 $133,534 $36,838 $96,696
2015 $4,924 $131,529 $36,285 $95,244
2014 $4,970 $128,954 $35,575 $93,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-132610

The MLS
California Los Angeles County Bell 90201

6514 Flora Ave, Bell, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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