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6040 Gage Ave
Bell Gardens, CA 90201

High Density MFR Development Opportunity · Land For Sale · 0.31 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Total Lot Size 0.31 AC

Description

The Growth Investment Group is proud to offer Gage Avenue, an attractive development opportunity in the conveniently located city of Bell Gardens, California. The property is 13,680 square feet zoned high density residential, with potential to build up to 5 multifamily units. This opportunity is in a non-rent-controlled area of Los Angeles County, with less than 10 miles from Downtown Los Angeles. The site is surrounded by residential and multifamily residential communities. The area is comprised mostly of blue-collar hard working families with a steep barrier-to-entry, with average sales prices of single family residences being $474,700. Strong demographics with over 41,632 renter occupied housing units and an average household income of $64,165. Buyer to verify all information regarding zoning and check with the city on the ability to complete the desired project, and not rely on the listing broker to guarantee any project. Visit the Planning department or City Uses for Permitted Uses. The property has excellent street frontage, sitting next to Cesar Chavez Elementary School and across from Bell Gardens High School. It provides easy access to the rest of the Greater Los Angeles Area with close proximity to FWY’s 710, 5 60, 605 & 105. The property is situated in the conveniently centralized city of Bell Gardens with all its appropriate amenities, suitable dining and shopping. It is a densely populated municipality situated at the convergence of the Los Angeles River and the Rio Hondo Channel. Bell Gardens is regarded as a suburb of Los Angeles. The city is home to a major poker casino and it is part of the Gateway Cities region. The City boasts offering beautiful parks, emerald green soccer fields, childcare centers, a sparkling lake stocked with fish and waterfowl, and a community golf course. Also, while the economy is facing many challenges throughout California, the City of Bell Gardens continues to grow and prosper.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6330-017-052
Land Assessment
£554,422
Improvements Assessment
£0
Total Assessment
£554,422

zoning

Zoning Code BGR3
BGR3
  • Listing ID: 16431695

  • Date on Market: 24/06/2019

  • Last Updated:

  • Address: 6040 Gage Ave, Bell Gardens, CA 90201

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