$2,750,000
Est. payment /mo
0.44 Acres Lot
New
9713 Cedar Bellflower, CA 90706
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26161598
HOA Y/N No
Year Built 1962
Lot Size 0.438 Acres
Property Sub-Type Multi Family
Property Description
Located in the heart of Bellflower, this Multiple Residential property boats 6 Units with 4 separate structures on the huge 19,633 square foot lot: the fresh paint and remodeled Front House with 3-bedroom, 1-bathroom + office; Two separate units each with 2-bedroom, 1-bathroom units; and a cozy 1-bedroom, 1-bathroom unit * They are in well-kept condition along with 2-car detached garage for additional rental income * Large & long cement driveway and iron security gate with remote controls are for tenant convenience & privacy * On-site community laundry room is also for additional rental income * Zoned BFR3 * This property has a potential Value-Add * There are several other properties have been redeveloped successfully into 12 -Unit complexes in the same area where rental demand is high * It is just about in a few minutes driving to Freeway 91 for going to Los Angles or to Orange County * The front house is ready for rent now with a pro forma income of $3,200 per month * A great investment opportunity for investors or developers!
Location
State CA
County Los Angeles
Area Rf - Bellflower South Of 91 Frwy
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Street Level
Story 1
Water Public
Others
Tax ID 7161012026
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Lease Land No
Listed by Brian Tran HPT Realty 714-501-1770, DRE #01031996
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