• 9209 Artesia Boulevard Bellflower, CA 90706

  • $1,850,000
  • 0
    Bed(s)
  • 0
    Baths
  • 4,610
    Sq Ft
  • 12664
    Sqft
  • Listed By: Tony Lopez, Berkshire Hathaway HomeService, DRE #01752038
  • Source: CRMLS

Attention investors! This is an extraordinary opportunity to acquire a versatile Commercial/Residential Income Property in the highly desirable City of Bellflower. You won't want to miss out on this must-see investment property, featuring 6 recently renovated units. Each unit has undergone meticulous rehab, including brand new kitchen cabinets, updated laminate flooring, upgraded recessed lighting, modern dual pane windows, and stylish bathrooms. The property offers a variety of unit configurations, including (4) spacious 2-bedroom/1-bathroom units, (1) 3-bedroom/2-bathroom unit, and 1 charming 1-bedroom/1-bathroom unit at the front. 7 carport parking spots and 2 car garages, with one currently rented as a storage unit. Additional renovations have been done to this property, including a new 30-year roof installed in 2022, a remote-controlled gate, new dual pane windows and doors, a multi-unit mailbox, and upgraded electrical, plumbing, and heating systems. Each unit is equipped with ceiling fans, modern kitchen cabinets, stylish bathroom showers, and sinks. Tenants are responsible for gas and electric, while the landlord covers water and trash. With all tenants on 12-month leases, you can expect stability and consistent income. Conveniently located in the heart of LA and Orange County, this property offers easy access to major freeways, (5, 91, 105, 710 and 605), and relatively close to Cerritos, Lakewood, and Downey malls, LAX, and more. What's more, the city of Bellflower does not have rent control, providing investors with even greater potential for return on investment. Don't hesitate, act quickly to secure this incredible opportunity. Remember, opportunities like this are rare. Don't miss your chance to own this remarkable property.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition,Mixed,Reflective,Shingle

Exterior Property Features : Awning(s)

Interior Features: Block Walls,Ceiling Fan(s),Granite Counters,High Ceilings,Recessed Lighting,Storage,All Bedrooms Down

Windows: Double Pane Windows

Flooring: Laminate

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1951

Building Area Total: 4,610

Construction: Drywall,Frame,Stucco

Roof: Composition,Mixed,Reflective,Shingle

Exterior Features

Awning(s)

Foundation

Combination,Raised,Slab

Security Features

Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Pool Features

None

Laundry Features

Inside,See Remarks

Fencing

Brick,Partial

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2907

Lot Size Source: Assessor

Lot Size Square Feet: 12664

Listing Price Information

Original List Price: 1,850,000

Listing Contract Date: 2024-01-15

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7162017032

Tax Year: 2022

Annual Tax: 21250

Garage and Parking

Garage Description: Assigned

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: RF - Bellflower South of 91 Frwy

Postal Code Plus 4: 6269

Directions: Immediately South of the 91 Freeway, between Lakewood Blvd., and Clark Avenue.

Zoning: BFM1

Source Property Type: Residential Income

Area: RF - Bellflower South of 91 Frwy

Property SubType: Mixed Use

Building and Construction

Property Age: 73

Common Walls: 2+ Common Walls

Property Condition: Turnkey

Structure Type: Mixed Use

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9548 Alondra Boulevard, Bellflower, CA,90706 $549,000 -- -- -- 11452 Sqft
17633 Virginia Avenue, Bellflower, CA,90706 $2,460,000 -- -- 6,021 21000 Sqft
17441 Virginia Avenue #E, Bellflower, CA,90706 $539,999 3 2 1,174 57223 Sqft
10216 Park Street, Bellflower, CA,90706 $1,400,000 5 3 3,288 8439 Sqft
8723 Artesia #7, Bellflower, CA,90706 $99,999 2 1 800 --
9023 Maple Street, Bellflower, CA,90706 $1,525,000 7 4 3,274 15888 Sqft
8524 Park Street, Bellflower, CA,90706 $862,500 -- -- -- 8679 Sqft
17105 Woodruff Avenue, Bellflower, CA,90706 $599,000 -- -- 1,202 3516 Sqft
9719 Beach Street, Bellflower, CA,90706 $2,499,000 -- -- 8,322 18995 Sqft
15804 Lakewood Boulevard, Bellflower, CA,90706 $3,650,000 -- -- -- 28505 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 04/28/2024 @ 15:43

MLS: RS24008638
LISTED BY: Tony Lopez, Berkshire Hathaway HomeService
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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