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The Warburton Team Brokered By EXp

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

$2,549,000

Est. payment - /mo

0.26 Acres Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26203983

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1950

Lot Size 0.260 Acres

Lot Dimensions Assessor

Property Sub-Type Apartment

Property Description

Excellent opportunity to acquire a well-located 6-unit property in the City of Bellflower. Conveniently situated between the 91 and 105 freeways and just west of the 605 freeway, the property offers excellent access throughout the greater Los Angeles area and is just a short drive from Orange County. Tenants enjoy the convenience of being within walking distance of restaurants, coffee shops, markets, banks, the post office, retail stores, salons, barbershops, gyms, and other neighborhood amenities.

The property consists of three separate buildings offering an attractive and diverse unit mix: a 3-bedroom, 2-bathroom house at the front of the property; a triplex consisting of three 1-bedroom, 1-bathroom apartments; and a newer duplex, built in 2023, consisting of two 2-bedroom, 2-bathroom units.

The two newer duplex units feature central air conditioning and loft areas accessed by retractable ladders, providing valuable additional space for storage or other flexible uses. The front house also features central air conditioning, while each of the three 1-bedroom units is equipped with a ductless split A/C system, providing air conditioning throughout all six units.

The property offers approximately 4,483 square feet of building area on an approximately 11,328-square-foot lot, along with six on-site parking spaces.

All six units are currently occupied and generate approximately $15,149 per month, or $181,788 annually, in gross scheduled rental income. Rents have not been increased in more than a year, providing potential for additional rental income, subject to applicable rent-increase laws and notice requirements.

This property presents an attractive opportunity for an investor seeking immediate cash flow with additional income potential. It may also offer future owner-occupancy potential in the front 3-bedroom residence while generating rental income from the remaining five units.

Offered at $2,549,000.

Location

State CA

County Los Angeles

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

Interior

Heating Central, Ductless

Cooling Central Air, Ductless

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned

Fence Block

Pool None

Community Features Street Lights, Sidewalks

Roof Type Composition

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard, Level, Near Public Transit, Rectangular Lot

Faces South

Story 1

Entry Level One

Sewer Public Sewer

Architectural Style Modern, Traditional

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7109011005

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Dene Molina Empiric Brokers Realty 562 756-0410, DRE #01067683

NEARBY SCHOOL & BUSINESS

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9857 Belmont Bellflower, CA 90706