9539 Oak Street, Bellflower, CA 90706

About this property

We are proud to present this is a value-add opportunity for the savvy investor looking to create value. With 5 units, separately metered for electricity and gas. Currently rented below market with an opportunity to raise rents in a highly sought after rental area. This is the best priced property on the market. With a unit mix of 1-3 bedroom, 2 bath unit, and 4-2 bedroom, 2bath units, on a large 9,828 sf lot and 5 garages. Possible ADU conversions for garages. Bellflower boasts a range of amenities and attractions that cater to residents and visitors alike. The historic downtown area is lined with charming storefronts, local eateries, and community gathering spaces, providing a quaint backdrop for leisurely strolls and casual outings. Nearby parks and recreation facilities offer ample opportunities for outdoor activities, while cultural events and festivals showcase the city's vibrant arts scene and rich heritage. The property is located close to the 91 fwy and 605 fwy., within 10 minutes to Long Beach Airport.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$1,450,000

Sold October 2024 · listed $1,550,000, on market September 2024 · MLS #PW24183188 · Source: CRMLS

Listing Agent: George Bustamante · Listing Office: Coldwell Banker Commercial · Contact: 714-856-7017 · Bought with: Armando Gonzalez · Century 21 Allstars

Explore Bellflower