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Listed By:
eXp Realty of California Inc., 562-888-0488, Martin Marquez
Local Realty Services Provided By:
Keller Williams South East Los Angeles
Overview
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9816 Park Street, Bellflower, CA 90706
9816 Park Street, Bellflower, CA 90706
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
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.
Property Details
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Overview
Property Type
Apartment
Property Size
Year Built
1972
Days on Site
101 Days
HVAC
Wall/Window Unit(s), Wall Furnace
Parking
5 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$2,315,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
12/14/2024
Price Increase
(+4.04% )
12/11/2024
Listed
(+93.48% )
12/31/2008
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+1.74% )
Land 309,433 +
Additions 1,115,026
2022
(+2.13% )
Land 297,418 +
Additions 1,071,770
2021
(+2.55% )
Land 297,418 +
Additions 1,071,770
2019
(+5.18% )
Land 294,369 +
Additions 1,059,742
2017
Land 282,940 +
Additions 1,018,592
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Bixby
Car-Dependent
Walkable
Very Walkable
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