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$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
CRMLS

CRMLS #DW24247519

Price change
$2,315,000
+4.04%
12/11/2024
CRMLS

CRMLS #DW24247519

Listed
$2,225,000
-6.34%
07/17/2024
CRMLS

CRMLS #DW24075638

Removed
$2,375,550

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

CRMLS logo

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