Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

8

Building size

5,630 sqft

Lot size

9,812 sqft

Year built

1935

Stories

1

Garage spaces

0

Heating

Wall Furnace

Pool

None

Status

Active

Days on market

0

MLS #

248960614

About this property

Great Investment Opportunity – 9719–9725 Belmont St, Bellflower, CA 90706 Don’t miss this rare opportunity to acquire a well-maintained 8-unit multi-family complex in the heart of Bellflower. Conveniently situated between the 91 and 105 freeways and just west of the 605 freeway Located within walking distance to downtown, Tenants enjoy the convenience of being within walking distance to restaurants, coffee shops, markets, banks, the post office, retail stores, salons, barbershops, gyms, and other neighborhood amenities. This property is ideally positioned in a high-demand rental area with no local rent control, offering investors strong in-place cash flow and value-add potential. The property consists in total of eight units consisting in of: (5) One bedroom one bathroom units; (2) Two-bedroom one bathroom units (1) Three-bedroom one bathroom unit Total current monthly rental income is $16,875, not including additional potential income from carport parking and on-site coin-operated laundry. Additional Features: *New roof installed in 2022 *Beautiful one-story bungalow style design *Dedicated carport parking (not included in leases—can be rented separately for added income) *All tenants are in a month to month contracts *On-site laundry facility generating extra revenue *Low-maintenance landscaping and overall well-kept condition *Convenient location just minutes from shopping, dining, and major freeways This turnkey investment offers a stable tenant base and consistent income, making it ideal for both new and experienced investors looking to expand their portfolio with a solid Southern California asset. - Buyer and Buyer Agent are responsible to verify all information.

Location

9719 Belmont

Bellflower, Los Angeles, CA, 90706