N/A
Bedrooms
$3,899,000
Bellflower, CA
MLS# OC26147602
N/A
Bedrooms
N/A
Bathrooms
N/A
Square Feet
1967
Year Built
0.4 acres
Lot Size
N/A
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Apartment
Property Type
Seller Financing Considered - MUST BE CLOSED BY NOVEMBER 5TH - $300,000 Price Reduction This exceptionally maintained 16 unit apartment community has benefited from more than $500,000 in recent capital improvements, including a new roof, new electrical subpanels, dual pane vinyl windows throughout, updated landscaping, and all new balconies. Approximately 50% of the units have been extensively renovated, providing investors with a quality asset requiring minimal near term capital expenditures. Just a two minute walk from the heart of Downtown Bellflower, the property features an attractive unit mix of (8) 2 Bedroom / 1 Bathroom units and (8) 1 Bedroom / 1 Bathroom units. Additional amenities include 24 parking spaces, spacious private patios and balconies, individual storage lockers for every tenant, and a large on site laundry facility. With no local rent control (subject only to California AB 1482), this investment offers stable in place cash flow, significant capital improvements already completed, and excellent long term rental growth potential.
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Closed sales reported in 90706, nearest first, last 12 months. All recent sales in Bellflower →
9746 Park
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