$1,700,000
$2,190,000
22.4%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
7 Baths
0.27 Acres Lot
SOLD DATE : 10/07/2022
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22129668
Sold Date 10/07/22
Bedrooms 9
HOA Y/N No
Lot Size 0.271 Acres
Property Description
Well-maintained 5-unit in highly desirable Bellflower PRIME RENTAL LOCATION! The property features 3 bedroom/2 bath front unit with fireplace and private patio (ideal for owner). There are also 3 townhome style units with 2 beds/1.5 baths each PLUS 1 (Unit #2)with 2 beds/1 bath that is entirely upstairs and more roomy. ABUNDANT PARKING with 5 one-car garages, 1 covered carport & four open parking spaces! GATED PROPERTY provides PRIVACY. Central air & heat. Separate gas & electric meters. Solar panel lease of $100 month is offset with COIN OPERATED laundry facility that generates approximately $100 month income. Very clean and exhibits PRIDE OF OWNERSHIP! Rents are LOW and there is NO RENT CONTROL IN BELLFLOWER! A 10% increase in rents combined with self-managed will = 4.4 cap!
Well-maintained 5-unit in highly desirable Bellflower PRIME RENTAL LOCATION! The property features 3 bedroom/2 bath front unit with fireplace and private patio (ideal for owner). There are also 3 townhome style units with 2 beds/1.5 baths each PLUS 1 (Unit #2)with 2 beds/1 bath that is entirely upstairs and more roomy. ABUNDANT PARKING with 5 one-car garages, 1 covered carport & four open parking spaces! GATED PROPERTY provides PRIVACY. Central air & heat. Separate gas & electric meters. Solar panel lease of $100 month is offset with COIN OPERATED laundry facility that generates approximately $100 month income. Very clean and exhibits PRIDE OF OWNERSHIP! Rents are LOW and there is NO RENT CONTROL IN BELLFLOWER! A 10% increase in rents combined with self-managed will = 4.4 cap!
Location
State CA
County Los Angeles
Area Bellflower (90706)
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Building
Lot Description Curbs, Sidewalks
Level or Stories Split Level
Others
Acceptable Financing Cash, Exchange
Space Rent $2,050
Listing Terms Cash, Exchange
Financing Conventional
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Bought with NON LISTED AGENT • San Diego