Active

9339 Ramona

Bellflower, CA 90706

$4,199,000 $17,703/Mo

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Overview

Bed

Bath

14,005

Sqft

35,902

Sqft(Lot)

Description

Situated in the heart of Bellflower, 9339 Ramona St. presents a rare opportunity to acquire a 14-unit apartment complex on an expansive 35,914 square foot lot — a land position that is exceptionally difficult to replicate in today's market. The property features an outstanding unit mix anchored by 13 spacious 2-bedroom/1.5-bath townhome-style residences averaging approximately 990 square feet, offering tenants the feel of a single-family home at apartment pricing. The front house is a bungalow-style residence with private garages. Significant capital improvements have already been completed across the property, including new roofs installed on all three buildings, new interior subpanels throughout, and a complete repipe of the 6-unit building at the rear of the property — providing a new o wner with a well-maintained asset and meaningfully reduced near-term capital expenditure risk. A beautifully landscaped park-like courtyard delivers exceptional outdoor amenity space for residents, while the expansive driveway corridor along the right side of the property presents a compelling ADU development opportunity — a significant value-add in California's pro-ADU regulatory environment. Two parking spaces per unit round out the offering, a highly sought-after feature in the Southern California rental market. Bellflower sits at the core of the Southeast Los Angeles County submarket, one of the most resilient rental corridors in the greater LA basin. With 62% of residents renting rather than owning, the city maintains a deeply embedded renter base with consistently strong occupancy. Current average rents for 2-bedroom units in Bellflower sit at approximately $2,480 per month — running 18% above the national average — and have shown steady year-over-year growth. For investors, this translates directly into opportunity: with approximately 45% upside potential in current rents, this asset offers a clear, executable path to significantly increased income without the risk or cost of having to replace major systems. In a submarket defined by high housing demand, limited new supply, and durable rental fundamentals, 9339 Ramona Street represents a compelling value-add acquisition in one of Southern California's most stable rental markets.

Property Details

Property Type : Residential Income

Price : $4,199,000

AD Id : 84902521

MLS Id : PW26130465

Lot Size : 35,902 Sqft

Living Area Size : 14,005

Year Built : 1973

Garage : 2

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Building Information

Year Built: 1973 Building Area Total: 14,005
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.8242
Lot Size Source: Assessor Lot Size Square Feet: 35902

Listing Price Information

Original List Price: 4,199,000 Listing Contract Date: 2026-06-15
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7162013025

Other Property Info

Source Listing Status: Active Source Neighborhood: RF - Bellflower South of 91 Frwy Directions: Exit 91 Freeway, drive South on Clark Ave and turn right on Ramona St. Source Property Type: Residential Income Area: RF - Bellflower South of 91 Frwy Property SubType: Apartment
Building and Construction

Property Age: 53 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
10473 Barnwall, Bellflower, CA, 90706	$779,000	3	2	1,157	1,157 SqFt
10349 Mapledale Street, Bellflower, CA, 90706	$1,324,900	4	3	2,788	2,788 SqFt
10351 Mapledale, Bellflower, CA, 90706	$1,199,000	3	2	2,200	2,200 SqFt
10461 Beach, Bellflower, CA, 90706	$900,000	4	2	1,782	1,782 SqFt
10135 Nichols Street, Bellflower, CA, 90706	$900,000	3	2	1,656	1,656 SqFt
10401 Park Street, Bellflower, CA, 90706	$1,490,000	--	--	2,926	2,926 SqFt
10401 Park Street, Bellflower, CA, 90706	$1,490,000	7	4	2,926	2,926 SqFt
15717 Woodruff Avenue #36, Bellflower, CA, 90706	$209,000	2	2	--
9837 Belfair Street, Bellflower, CA, 90706	$1,299,999	3	3	2,481	2,481 SqFt
10300 Beverly Street, Bellflower, CA, 90706	$1,075,000	4	3	2,072	2,072 SqFt

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ByOwner last updated this listing 06/17/2026 @ 19:07

MLS: PW26130465 LISTED BY: Justin White, Justin White 714-231-2537 SOURCE: CRMLS