9816 Park Street, Bellflower, CA 90706 (MLS # DW24247519)

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PRICE $2,315,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 6,466 sqft
LOT SIZE 10,085 sqft
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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.

DAYS ON MARKET 13 LAST UPDATED 12/13/2024
YEAR BUILT 1972 COMMUNITY Bellflower North of 91 Frwy, S of Alondra
GARAGE SPACES 5.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Dec 13, '24 $2,225,000
Dec 13, '24 - Today $2,315,000


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA Bellflower North of 91 Frwy, S of Alondra
GARAGE On Site, Yes
HEAT Wall Furnace
LOT 10085 sq ft
LOT DESCRIPTION Walkstreet
PARKING On Site
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
UTILITIES Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Standard
WATER Public
ZONING BFR3*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with eXp Realty of California Inc.

Based on information from CRMLS as of 12/23/24 5:09 PM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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This IDX solution is (c) Diverse Solutions 2024.