9816 Park Street

Bellflower, CA 90706

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,466 Sqft
  • 10085
    Sqft(Lot)
$2,315,000

Description

Discover this exceptional investment opportunity in bellflower! this well-maintained 9-unit apartment complex, built in 1972, offers a mix of 1 and 2 bedroom units. with 6,466 sq ft of living space on a 10,083 sq ft lot, this property boasts a strong current noi of $123,482 with potential for increased returns. recent upgrades include a new roof (2007), full copper repipe (2011), and a new 100-gallon water heater (2022). conveniently located near major highways and shopping centers, this turnkey property features on-site laundry and 11 parking spaces. with a 100% occupancy rate and a favorable cap rate of 5.33%, this is an ideal addition to any investment portfolio.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47992387

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1972
    • Building Area Total: 6,466

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2315
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10085

  • Listing Price Information

    • Original List Price: 2,315,000
    • Listing Contract Date: 2024-12-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7109026018

  • Garage and Parking

    • Garage Description: On Site

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: RG - Bellflower North of 91 Frwy, S of Alondra
    • Directions: on park street
    • Zoning: BFR3*
    • Source Property Type: Residential Income
    • Area: RG - Bellflower North of 91 Frwy, S of Alondra
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 52
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 03:44

  • MLS: DW24247519
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,466 sqft, 10,085 sized lot, and 5 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Bellflower , in zip code 90706, this Los Angeles County Home are nearby neighborhoods.