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9527 Los Angeles St

Bellflower, CA 90706
  • $1,300,000
  • STATUS: Active
  • ON SITE: 22 days
  • MLS #: 21-734928
$1,300,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,030
    SQFT
  • $1,262
    $/SQFT
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

The Pacific Partners of Colliers International are pleased to presentfor sale 9527 Los Angeles St., a 4-Unit multi-family apartment buildinglocated just northwest of the 605 & 91 freeway interchange in are sidential neighborhood of Bellflower. The property consists of one single story building at the front of the property and a 2 story building in the rear. The building totals 3,406 rentable square feet situated on an approximately 6,909 square foot rectangular lot. Originally built in 1930,this well maintained multi-family asset has a unit mix of (3) 2BR/1BAapt. units, and (1) 2BR/1BA house with 100% occupancy. Rental rates at this property are below market rate, with updated market rents*, the property has the potential to achieve a 4.86% CAP rate in a desirable SoCal location. This apartment building is conveniently located adjacent to Alondra Blvd., and Bellflower Blvd., which has a host of residential amenities including shopping, restaurants, and businesses. (Buyer should complete their own due diligence/research on compliance for rental increases)

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T23:42:42.417. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/117460897
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9527 Los Angeles St Bellflower, CA 90706

  • Price: $1,300,000
  • Status: Active
  • MLS #: 21-734928
8
Beds
0
Baths
0
½ Baths
0.16
Acres
1,030
SQFT
$1,262
$/SQFT
1930
Built
Neighborhood:
Bellflower North Of 91 Frwy, S Of Alondra
County:
Los Angeles
Area:
Bellflower North Of 91 Frwy, S Of Alondra
Property Description
The Pacific Partners of Colliers International are pleased to presentfor sale 9527 Los Angeles St., a 4-Unit multi-family apartment buildinglocated just northwest of the 605 & 91 freeway interchange in are sidential neighborhood of Bellflower. The property consists of one single story building at the front of the property and a 2 story building in the rear. The building totals 3,406 rentable square feet situated on an approximately 6,909 square foot rectangular lot. Originally built in 1930,this well maintained multi-family asset has a unit mix of (3) 2BR/1BAapt. units, and (1) 2BR/1BA house with 100% occupancy. Rental rates at this property are below market rate, with updated market rents*, the property has the potential to achieve a 4.86% CAP rate in a desirable SoCal location. This apartment building is conveniently located adjacent to Alondra Blvd., and Bellflower Blvd., which has a host of residential amenities including shopping, restaurants, and businesses. (Buyer should complete their own due diligence/research on compliance for rental increases)
Exterior Features

Entry Location Ground Level W/Steps Exterior Construction StuccoWood Siding Levels Multi/Split Lot Description 2-4 Lots Lot Location None Lot Size Area 6910 Other Structures None Parking Garage Covered Parking Pool Description None Pool YN No Roof Composition Spa None Spa YN No Sprinklers None Total Parking 4 View Description None View YN No Water Frontage None

Interior Features

Baths Total 4.00 Common Walls Attached Cooking Appliances Oven-Gas Cooling Wall/Window Equipment Ceiling FanOther Flooring CarpetLaminate Foundation Details Slab Heating Forced Air Laundry None Water Heater Features Gas

Property Features

Amenities None Assessed Total Value 259860 Electric Expense 28.00 Gardener Expense 1200.00 Gross Income 63324 Gross Operating Income 63324 Insurance Expense 2312.00 Land Lease Type Fee Like Units1 1 Like Units2 3 Maintenance Expense 1842.00 Monthly Gross Income 5277.00 Net Operating Income 38949.00 Number Of Buildings 2 Number Of Units 4 Owner Pays WaterGardener Sale Type Standard Security Features None Sewer Public Hookup Available Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 22475 Trash Expense 1048.00 Type Of Units Multi-Family Water Public Water Expense 988.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Bfr3*

Listing provided courtesy of Edward Pan DRE#01894476 of Colliers International Greater Los Angel.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T23:42:42.417. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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