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$2,549,000
RS26203983 MLS Active Status
Excellent opportunity to acquire a well-located 6-unit property in the City of Bellflower. Conveniently situated between the 91 and 105 freeways and just west of the 605 freeway, the property offers excellent access throughout the greater Los Angeles area and is just a short drive from Orange County. Tenants enjoy the convenience of being within walking distance of restaurants, coffee shops, markets, banks, the post office, retail stores, salons, barbershops, gyms, and other neighborhood amenities. The property consists of three separate buildings offering an attractive and diverse unit mix: a 3-bedroom, 2-bathroom house at the front of the property; a triplex consisting of three 1-bedroom, 1-bathroom apartments; and a newer duplex, built in 2023, consisting of two 2-bedroom, 2-bathroom units. The two newer duplex units feature central air conditioning and loft areas accessed by retractable ladders, providing valuable additional space for storage or other flexible uses. The front house also features central air conditioning, while each of the three 1-bedroom units is equipped with a ductless split A/C system, providing air conditioning throughout all six units. The property offers approximately 4,483 square feet of building area on an approximately 11,328-square-foot lot, along with six on-site parking spaces. All six units are currently occupied and generate approximately $15,149 per month, or $181,788 annually, in gross scheduled rental income. Rents have not been increased in more than a year, providing potential for additional rental income, subject to applicable rent-increase laws and notice requirements. This property presents an attractive opportunity for an investor seeking immediate cash flow with additional income potential. It may also offer future owner-occupancy potential in the front 3-bedroom residence while generating rental income from the remaining five units. Offered at $2,549,000.

9857 Belmont, Bellflower

$3,998,000
OC26147602 MLS Active Status
$400,000 Price Reduction! Motivated Seller with Up-leg identified. 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.

9746 Park, Bellflower

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.