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9816 Park Street
Bellflower CA 90706 US

$2,499,999

Active Listing ID DW24075638
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13 bed
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10.00 Bath (9 Full Bath , 1 Half Bath)
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Lot: 10,085.00 Square Feet
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Apartment

$2,499,999

Active Listing ID DW24075638
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9816 Park Street 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.

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Property Features

  • Facts
  • Lot Size: 10,085.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 9
  • 1/2 Bathrooms: 1
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Community Features Included: Curbs, Lot 10000-19999 Sqft

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 2499999
  • unparsedaddress: 9816 Park Street
  • postalcity: Bellflower
  • stateorprovince: CA
  • country: US
  • postalcode: 90706
  • bathroomsfull: 9
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.231519742883379
  • lotsizeunits: Square Feet
  • lotsizearea: 10085
  • livingarea: 6466
  • livingareaunits: Square Feet
  • listagentfullname: Martin Marquez
  • listagentemail: martin.chase@presolutionsnow.com
  • listagentkey: 3yd-MRMLSCA-DWMAMARQ
  • listagentmlsid: DWMAMARQ
  • listagentpreferredphone: 5628880488
  • listagentofficephone: 8888327179
  • listofficekey: 3yd-MRMLSCA-DWEXW
  • listagentstatelicense: 02012061
  • listofficemlsid: DWEXW
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1972
  • listingcontractdate: 2024-04-17
  • listagenturl: http://www.presolutionsnow.com
  • countyorparish: Los Angeles
  • parcelnumber: 7109026018
  • cooling: Window Unit(s) A/C
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway, Gated, Paved or Surfaced
  • waterfrontyn: False
  • interiorfeatures: Window Features: Double Pane Windows
  • exteriorfeatures: Community Features Included: Curbs, Lot 10000-19999 Sqft
  • windowfeatures: Double Pane Windows
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 4/17/2024 12:41:49 PM GMT
Source Updated Date: 5/1/2024 6:51:35 AM GMT

Courtesy of: Martin Marquez, eXp Realty of California Inc., martin.chase@presolutionsnow.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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