15746 Ryon Avenue, Bellflower, CA 90706
Property · 2 recorded sales since 2012
Sold August 2024
Listing Agent: Jonathan Nikfarjam (DRE #01856803) · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Juan Cardenas · Remax Commercial and Investment Realty · MLS #24393089 · Source: CRMLS
About this property
9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Six of the Seven Structures Contain Brand-New Roofs | Fully Renovated 1-Bedroom Unit with New Kitchen Cabinets, New Quartz Counters, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures and New Ceiling Fan | Recently Painted Property with Tremendous Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping | On-Site Laundry Facility, Total of 14 Parking Spaces & Ample Outdoor Space for Tenants | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium, Bellflower Library Garden, and the 91, 605 & 105 Freeways
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history
