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                                   EXHIBIT 23

                       CONSENT OF INDEPENDENT ACCOUNTANTS


We hereby consent to the incorporation by reference in the Registration
Statements on Form S-8 (No. 2-74896, No. 33-38737 and No. 33-73044) and in the
Prospectus constituting part of the Registration Statement on Form S-3 (No.
33-71030) of Bell Industries, Inc. of our report dated February 1, 1995
appearing on page 10 of this Form 10-K.





PRICE WATERHOUSE LLP



Los Angeles, California
February 20, 1995





