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

9

Building size

13,042 sqft

Lot size

19,396 sqft

Year built

1986

Stories

2

Garage spaces

18

Pool

None

Status

Active

Days on market

107

MLS #

249118885

About this property

Introducing the opportunity to acquire The Roof Gardens, a nine unit apartment building located in Bellflower, CA. The property is comprised of very spacious 2 bedroom 2 bathroom townhouse style units each with a two-car garage, private rooftop deck, washer and dryer hookups, and central A/C making this a highly unique asset rarely available in today's market. In addition to the two-car garages, there are an additional 7 parking stalls in the rear of the property that provide additional income. This back land area is approximately 1,800 SF providing an investor potential to construct ADU's and generate additional value. Built in 1986, this is a newer built asset with highly desirable units that attract long term tenants at strong rents in a preferable rental market.

Location

9248 Palm St

Bellflower, Los Angeles, CA, 90706