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9816 Park Street
Bellflower, CA 90706
Martin Marquez with eXp Realty of California Inc., original listing - (888) 832-7179

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Property Details


List Price: $2,225,000
Beds: 13
Baths: Full: 9, ½: 1
Status: Active
SqFt: 1 Square Feet
Agency: eXp Realty of California Inc.
Agency Phone: (888) 832-7179

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Description/Comments


Lot Size: 0 acre(s)
Property Type: Residential Multi Family-Apartment
Year Built: 1972
Notes: 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 5.20%, this is an ideal addition to any investment portfolio.
MlsNumber: --
ListingId: DW24247519


Listing Provided By: eXp Realty of California Inc., original listing
Phone: (562) 888-0488
Office Phone: (888) 832-7179
Agent Name: Martin Marquez
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.


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