Thank you
Tony Lopez
Berkshire Hathaway HomeService
562-860-2443
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.
Sell a home like this and save $110,501 Find Out How
Water Source : Public
Sewer : Public Sewer
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
None
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1951
Building Area Total: 4,610
Construction: Drywall,Frame,Stucco
Roof: Composition,Mixed,Reflective,Shingle
Awning(s)
Combination,Raised,Slab
Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
None
Inside,See Remarks
Brick,Partial
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2907
Lot Size Source: Assessor
Lot Size Square Feet: 12664
Original List Price: 1,850,000
Listing Contract Date: 2024-01-15
Listing Agreement: Exclusive Right To Sell
Parcel Number: 7162017032
Tax Year: 2022
Annual Tax: 21250
Garage Description: Assigned
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
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
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
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.