$1,500,000
$1,590,000
5.7%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 : 03/29/2023
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22192062
Sold Date 03/29/23
Bedrooms 9
HOA Y/N No
Lot Size 0.267 Acres
Property Description
Well-maintained 4-unit in highly desirable Bellflower prime rental location! Some rents are LOW and there is NO RENT CONTROL IN BELLFLOWER! The property features 3 bedroom/1 bath front unit stand-alone single-story SFR with private yard (ideal for owner) and 2-car attached garage. The front unit is the only unit without AC. Directly behind it are 3 townhome style units that were built in the 1990s and feature 2 beds/1.5 baths each (see photos of #C which is slightly superior condition but typical floorplan); all units feature a private front covered patio with bathroom off hallway leading directly to the garage with openers and laundry area. The stairway leads to a spacious living room with coat closet off the dining area and kitchen with tile counters, double sink with garbage disposal, dishwasher, gas stove & vent hood & refrigerator. Both bedrooms and hall bathroom are upstairs. 2-car GUEST PARKING available at rear with 4 oversized two-car garages! Central air & heat. 4 separate gas & 5 separate electric meters. Extra wide driveway for two cars! Very clean and exhibits PRIDE OF OWNERSHIP! NOTE that proforma rents yield 16.3 x gross and 5.5 cap and there is still probably upside beyond that!
Well-maintained 4-unit in highly desirable Bellflower prime rental location! Some rents are LOW and there is NO RENT CONTROL IN BELLFLOWER! The property features 3 bedroom/1 bath front unit stand-alone single-story SFR with private yard (ideal for owner) and 2-car attached garage. The front unit is the only unit without AC. Directly behind it are 3 townhome style units that were built in the 1990s and feature 2 beds/1.5 baths each (see photos of #C which is slightly superior condition but typical floorplan); all units feature a private front covered patio with bathroom off hallway leading directly to the garage with openers and laundry area. The stairway leads to a spacious living room with coat closet off the dining area and kitchen with tile counters, double sink with garbage disposal, dishwasher, gas stove & vent hood & refrigerator. Both bedrooms and hall bathroom are upstairs. 2-car GUEST PARKING available at rear with 4 oversized two-car garages! Central air & heat. 4 separate gas & 5 separate electric meters. Extra wide driveway for two cars! Very clean and exhibits PRIDE OF OWNERSHIP! NOTE that proforma rents yield 16.3 x gross and 5.5 cap and there is still probably upside beyond that!
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
Story 1
Level or Stories 1 Story
Others
Acceptable Financing Cash, Exchange
Space Rent $2,200
Listing Terms Cash, Exchange
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Hani Ramsis • RE/MAX CHAMPIONS