9816 Park St - Apartments FOR SALE
Bellflower, CA 90706 |
$2,300,000 USD
562-888-0488
9816 Park St
Bellflower, CA 90706
HIGHLIGHTS
- Desirable Mix of Units: Includes 4 two-bedroom and 5 one-bedroom apartments, catering to a broad tenant demographic.
- Secure and Ample Parking: Features 14 secured parking spaces behind a security gate, ensuring convenience and safety for all residents.
- Community Amenities: A landlord-owned community washer and dryer adds to the convenience, making daily living easier for tenants.
- Prime Location: Situated in the heart of downtown Bellflower, close proximity to major freeways.
- 100 Occupied, With monthly income of $13,215 an additional $4,000 a month in upside w market rents
- Roof Was replaced in 2007, Full Copper repipe 2011(50yr warranty), New 100 Gallon Water Tank in 2022
OVERVIEW
FOR SALE DETAILS
PRICE
$2,300,000 USD
PRICE/SF
$356 USD /SF
# OF UNITS
9
PRICE/UNIT
$255,556
CAP RATE
4.49%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1972
PARKING SPACES
14
LAND DETAILS
LAND ACRES
0.23 AC
LAND SF
10,080 SF
ZONING
R3
APN/PARCEL ID
7109-026-018
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562-888-0488
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562-888-0488
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