Bellflower, CA 90706,10004 Foster RD
Bellflower, CA 90706,10004 Foster RD
Bellflower, CA 90706,10004 Foster RD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,250,000
Est. payment /mo
6,072 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25176036

HOA Y/N No

Year Built 1956

Lot Size 6,072 Sqft

Property Sub-Type Quadruplex

Property Description

Value Add Opportunity
This well-located multifamily property offers a rare 100% 2-bedroom, 1-bath unit mix, ideal for tenant retention and strong rental demand. With over 50% upside in gross rents and 95%+ potential NOI growth, this asset is primed for a value-add strategy. All units are currently tenant occupied and up to date on rent, providing immediate income.

Recent capital improvements include a brand-new roof and fresh exterior paint, and new central water heater reducing near-term maintenance costs. The property features 5 onsite parking spaces and offers ADU development potential (buyer to verify). Located directly on the border of Downey (90242), just across Foster Rd, this asset benefits from strong local demographics and rental demand and less than 1/4 mile from both the 105 & 605 Freeways.

Perfect for investors seeking long-term upside, redevelopment potential, first time buyers or a 1031 exchange.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning BFR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Carport Spaces 4

Pool None

Community Features Biking, Curbs

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6281011027

Energy Description 240.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard


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CRMLS – RECore
Listed by Daniel Gomez Younglewin Advisors, Inc. 562-266-7629

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