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listing
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Residential IncomeFor Sale
$2,315,000
9816 Park Street
Bellflower, CA 90706
Listed by Martin Marquez DRE#02012061 [email protected] eXp Realty Of California Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$12,050/mo

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 5.20%, this is an ideal addition to any investment portfolio.

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Information courtesy of eXp Realty Of California Inc. is subject to verification and is not guaranteed.
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