$2,315,000
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9816 Park Street Bellflower, CA 90706
Apartment
Residence
Beds
Baths
6,466
Sq. Ft.
0.23
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Discover this exceptional investment opportunity in Bellflower! This well-maintained 9-unit apartment complex, built in 1972, offers a mix of 1 and 2 bedroom units. With 6,466 sq ft of living space on a 10,083 sq ft lot, this property boasts a strong current NOI of $123,482 with potential for increa...sed returns. Recent upgrades include a new roof (2007), full copper repipe (2011), and a new 100-gallon water heater (2022). Conveniently located near major highways and shopping centers, this turnkey property features on-site laundry and 11 parking spaces. With a 100% occupancy rate and a favorable cap rate of 5.33%, this is an ideal addition to any investment portfolio.
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MLS#
DW24247519
Property Type
Apartment
Status
Year Built
1972
Square Feet
6,466
sq. ft
Lot Size
0.23
Stories
2.0
Sewer
Sewer Connected, Public Sewer
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