9816 Park Street
Bellflower,
CA
90706
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 |
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 |
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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. |