$2,315,000
- Beds
- Unknown
- sq ft
- Unknown
9816 Park St, Bellflower, CA 90706
9816 Park St
Bellflower, CA 90706
- 75 days on market
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.
Details
Property type
Apartment
Lot size
0.2315 acres
Price per sq ft
Unknown
Year built
1972
Price History
12/13/2024
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CRMLS #DW24247519
Price change
$2,315,000
+4.04%
12/11/2024
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CRMLS #DW24247519
Listed
$2,225,000
-6.34%
07/17/2024
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CRMLS #DW24075638
Removed
$2,375,550
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
Status: Active
Tomo last checked: 02/23/2025 at 8:00 PM
Listing updated: 01/23/2025 at 4:04 PM
Listed by: Martin Marquez, eXp Realty of California Inc. Phone #: (888) 832-7179
MLS: CRMLS #DW24247519
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