$2,315,000
10,085 Sqft Lot

9816 Park Street, Bellflower, California 90706

  • Residential Income Property Type
  • 5 Cars Garage
  • 1972 Year Built
Property Description

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 increased 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.

Basic Details
Residential Income
For Sale
DW24247519
$2,315,000
1972
10,085 Sqft
Active
Apartment
Features
: No
: Wall Furnace
: Wall/window Unit(s)
: No
: 5
: Sidewalks
: On Site
$0
: Public Sewer
Address Map
California
Los Angeles
Bellflower
90706
9816 Park Street
0
W119° 52' 31.4''
N33° 52' 41.3''
on park street
Additional Information
$0
6,466 Sqft
$0
5.33
3
3
: Standard
$441
5
1
1
1
Cash,AllFinancingConsidered,AllFinancingConsidered
: Walkstreet
$11,826
7109026018
: Standard
2
$0
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
BFR3*
Broker/Agent Information
eXp Realty of California Inc.
DWEXW
ca.broker@exprealty.net
Martin Marquez
DWMAMARQ
martin.chase@presolutionsnow.com
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069