$1,300,000

9527 Los Angeles Street, Bellflower, CA 90706

6,910

Lot Size

4

# Of Units

Presented for sale is 9527 Los Angeles St., a 4-Unit multi-family apartment building located just northwest of the 605 & 91 freeway interchange in a residential neighborhood of Bellflower. The property consists of one single story building at the front of the property and a 2 story building in the rear. The building totals 3,406 rentable square feet situated on an approximately 6,909 square foot rectangular lot. Originally built in 1930,this well maintained multi-family asset has a unit mix of (3) 2BR/1BAapt. units, and (1) 2BR/1BA house with 100% occupancy. Rental rates at this property are below market rate, with updated market rents*, the property has the potential to achieve a 4.86% CAP rate in a desirable SoCal location. This apartment building is conveniently located adjacent to Alondra Blvd., and Bellflower Blvd., which has a host of residential amenities including shopping, restaurants, and businesses. (Buyer should complete their own due diligence/research on compliance for rental increases)

Facts & Features

MLS® # 21734928
Price $1,300,000
Bathrooms 0.00
Lot Size 6,910
Year Built 1930
Type Residential Income
Status Active
# Of Units 4

Community Information

Address 9527 Los Angeles Street
Area RG - Bellflower North of 91 Frwy, S of Alondra
City Bellflower
County Los Angeles
State CA
Zip Code 90706

Amenities

Parking Covered
Garages Covered
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Carpet, Laminate
Appliances Gas Oven
Heating Forced Air
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No
# of Stories 2
Stories Multi/Split

Exterior

Exterior Stucco, Wood Siding
Roof Composition
Construction Stucco, Wood Siding
Foundation Slab

Additional Information

Date Listed May 20th, 2021
Days on Market 71
Zoning BFR3*
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentEdward Pan
OfficeColliers International Greater Los Angel

Listing Map

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