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9816 Park Street

Bellflower, CA 90706

$2,375,550

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $367 / sqft

1972

calendar_month Built

Property Description

Ideally located only two lots off of the vibrant downtown of Bellflower Blvd. in Bellflower, California, this multifamily property offers an enticing investment opportunity, close walking proximity to dining and shopping, as well as convenient freeway access to the 91 and 605 freeways. The complex features nine units, including four 2-bedroom/1-bath, one 1-bedroom/1.5-bath, and four 1-bedroom/1-bath apartments, all supported by 14 gated parking spaces. Currently generating $13,215 in monthly income, with the potential to achieve approximately an income upside of $4,000 with modest rent adjustments,. All tenants are on a month-to-month lease, providing flexibility in management. Major updates include a new roof installed in 2007, a comprehensive copper re-pipe in 2011 with a 50-year warranty, a new 100-gallon water heater in 2022, and new windows in the majority of the units. Reach out for this opportunity today.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Fireplace Information
Features None
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 9816 Park Street
City Bellflower
State CA
Zip 90706
County Los Angeles
Listing Agent Martin Marquez DRE#02012061
Courtesy Of eXp Realty of California Inc.
MLS DW24075638
List Price $2,375,550
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 10,085
Year Built 1972
DOM 14

Exterior Information

Maps

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Listing information courtesy of: Martin Marquez, eXp Realty of California Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of May 3rd, 2024 at 7:56 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.