Homes for sale - 9816 Park ST, Bellflower, CA 90706

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Martin Marquez • eXp Realty of California Inc.

$2,315,000

Est. payment - /mo

10,085 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRDW24247519

Originating Board California Regional MLS

Year Built 1972

Lot Size 10,085 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Rg - Bellflower North Of 91 Frwy, S Of Alondra

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Washer/Dryer - Owned, Community Facility

Exterior

Parking Features Common Parking Area

Garage Spaces 5.0

Pool None

Building

Water District - Public

Others

Tax ID 7109026018

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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9816 Park ST Bellflower, CA 90706

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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