4305 Florence Avenue, Bell, California 90201, Bell, 90201 - 2 bed, 2 bath
ACTIVE$649,000
4305 Florence Avenue, Bell, California 90201
2Beds
2Baths
1,022Sqft
4,787Lot
Year Built
1934
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$635
HOA
-
Days on market
-
Sold On
-
MLS number
SW25021557
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $649.0K(7th), sqft - 1022(20th), beds - 2(93th), baths - 2(93th).
Back on the market no fault to seller! CALLING ALL INVESTORS!!!!!! In the Heart of Bell!!!! INCREDIBLE opportunity to own a possible rental income property, Single Story Duplex Features Unit 1: 1 bedroom/ 1 bath & Unit 2: 1 Bedroom/1 Bath. Ample parking, Desirable area!! Large Lot! Close to Freeways, shopping, walking distance to elementary and High School. Property to be delivered with current tenants in place at close of escrow. Currently Tenants are on Month to month!! connected property 4313 Florence Ave ( APN 63-25-006 ) to be sold together . Price for both properties is offered at 1,348,000
Condition Rating
Poor
Built in 1934, this property is 90 years old with no indication of recent major renovations. The exterior images show significant age, wear, and a utilitarian aesthetic with security bars, suggesting deferred maintenance. The property analysis explicitly notes 'advanced age' and 'potential for significant deferred maintenance, outdated systems (plumbing, electrical), and higher renovation costs.' While marketed as an income property, the lack of interior photos for kitchens and bathrooms, combined with the overall age and exterior condition, strongly implies these areas are severely outdated and require substantial repairs and rehabilitation to meet modern standards.
Pros & Cons
Pros
Strong Investment Opportunity: Explicitly marketed to investors as an 'INCREDIBLE opportunity' for rental income, featuring a duplex structure with two independent units.
Established Rental Income: Property is delivered with current tenants in place on month-to-month leases, ensuring immediate cash flow and flexibility for the new owner.
Prime Location: Situated 'In the Heart of Bell,' offering excellent access to freeways, shopping, and schools, which enhances tenant appeal and long-term property value.
Duplex Configuration: Provides two separate 1-bedroom, 1-bathroom rental units, diversifying income streams and potentially reducing vacancy risk compared to a single-family rental.
Ample Parking & Large Lot: The property benefits from 'Ample parking' and a 'Large Lot' (4787 sqft), valuable assets in an urban setting that offer potential for outdoor amenities or future development (subject to zoning).
Cons
Advanced Age of Property: Built in 1934, the property is nearly 90 years old, suggesting potential for significant deferred maintenance, outdated systems (plumbing, electrical), and higher renovation costs to modernize or meet current standards.
Small Unit Footprint: With a total of 1022 sqft divided into two 1-bedroom, 1-bathroom units, each unit is approximately 511 sqft, which is relatively small and may limit rental income potential or appeal to a broader tenant demographic.
Mandatory Joint Sale: The property must be sold together with 4313 Florence Ave for a combined price of $1,348,000. This significantly increases the capital requirement and complexity for a buyer, potentially narrowing the pool of interested investors.