$1,745,000
$1,895,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
0.47 Acres Lot
SOLD DATE : 09/05/2024
Key Details
Sold Price $1,745,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR24112460
Sold Date 09/05/24
Bedrooms 5
HOA Y/N No
Lot Size 0.468 Acres
Property Description
4 individual houses located in a quiet residential area in the City of Bellflower. Between Somerset and Alondra, 1 block west of Bellflower Blvd at 15530 Ryon Avenue. The property was built in 1976, each unit has its own attached 2-car garage & laundry hook-ups. The 4 units totaled to 4,775 SF and the lot size is 0.47 acre (20,367 SF). The front unit has 3 bedrooms and 2 full bathrooms plus a private patio space. The other 3 units have 2 bedrooms and 2 bathrooms. New electrical panel was recently installed. There is a large paved parking area in the back of the property for addition parking. All 4 units are tenant occupied. These are long term tenants on a month-to-month lease and all are current. Current rents are below market with the upside potential in rents. The property is near multiple schools, shopping, and easy excess to 91 fwy, 605 fwy, 105 fwy and 5 f
4 individual houses located in a quiet residential area in the City of Bellflower. Between Somerset and Alondra, 1 block west of Bellflower Blvd at 15530 Ryon Avenue. The property was built in 1976, each unit has its own attached 2-car garage & laundry hook-ups. The 4 units totaled to 4,775 SF and the lot size is 0.47 acre (20,367 SF). The front unit has 3 bedrooms and 2 full bathrooms plus a private patio space. The other 3 units have 2 bedrooms and 2 bathrooms. New electrical panel was recently installed. There is a large paved parking area in the back of the property for addition parking. All 4 units are tenant occupied. These are long term tenants on a month-to-month lease and all are current. Current rents are below market with the upside potential in rents. The property is near multiple schools, shopping, and easy excess to 91 fwy, 605 fwy, 105 fwy and 5 f
Location
State CA
County Los Angeles
Area Bellflower (90706)
Zoning Assessor
Interior
Appliance Forced Air Unit
Exterior
Exterior Feature Stucco
Building
Lot Description Curbs, Sidewalks
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $149
Acceptable Financing Exchange
Space Rent $2,440
Listing Terms Exchange
Financing Conventional
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Bought with Christina Wong • Newco Realty