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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$4,198,000

Est. payment - /mo

0.4 Acres Lot

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID OC26147602

HOA Y/N No

Year Built 1967

Lot Size 0.400 Acres

Property Sub-Type Apartment

Property Description

This exceptionally maintained 16 unit apartment community is ideally located just a two minute walk from the heart of Downtown Bellflower and offers an attractive mix of (8) 2 BD / 1 BA units and (8) 1 BD / 1 BA units. Ownership has invested more than $500,000 in recent capital improvements, including a new roof, new electrical subpanels, dual pane vinyl windows throughout, updated landscaping and irrigation, renovated units with modern European style cabinetry, new exterior paint, extensive wood and stucco improvements, and completed SB 721 balcony upgrades. The property provides 24 parking spaces, spacious private patios and balconies, storage lockers for every tenant, and a large on site laundry facility. With no local rent control (subject only to California AB 1482), the property offers investors a well maintained, low maintenance asset with strong long term rental upside.

Location

State CA

County Los Angeles

Area Rg - Bellflower North Of 91 Frwy, S Of Alondra

Interior

Fireplace No

Laundry Common Area, Washer Hookup, Electric Dryer Hookup

Exterior

Carport Spaces 2

Pool None

Community Features Suburban

Total Parking Spaces 24

Private Pool No

Building

Lot Description 16-20 Units/Acre, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7110024020

Energy Description 4425.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Pat Swanson Pat Swanson 213-864-2862, DRE #01382974

NEARBY SCHOOL & BUSINESS

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9746 Park Bellflower, CA 90706