Bellflower, CA 90706,9539 Oak Street

$1,450,000

$1,550,000

6.5%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

9,828 Sqft Lot


SOLD DATE : 10/08/2024

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24183188

Sold Date 10/08/24

Bedrooms 5

HOA Y/N No

Lot Size 9,828 Sqft

Property Description

We are proud to present this is a value-add opportunity for the savvy investor looking to create value. With 5 units, separately metered for electricity and gas. Currently rented below market with an opportunity to raise rents in a highly sought after rental area. This is the best priced property on the market. With a unit mix of 1-3 bedroom, 2 bath unit, and 4-2 bedroom, 2bath units, on a large 9,828 sf lot and 5 garages. Possible ADU conversions for garages. Bellflower boasts a range of amenities and attractions that cater to residents and visitors alike. The historic downtown area is lined with charming storefronts, local eateries, and community gathering spaces, providing a quaint backdrop for leisurely strolls and casual outings. Nearby parks and recreation facilities offer ample opportunities for outdoor activities, while cultural events and festivals showcase the city's vibrant arts scene and rich heritage. The property is located close to the 91 fwy and 605 fwy., within 10 minutes to Long Beach Airport.
We are proud to present this is a value-add opportunity for the savvy investor looking to create value. With 5 units, separately metered for electricity and gas. Currently rented below market with an opportunity to raise rents in a highly sought after rental area. This is the best priced property on the market. With a unit mix of 1-3 bedroom, 2 bath unit, and 4-2 bedroom, 2bath units, on a large 9,828 sf lot and 5 garages. Possible ADU conversions for garages. Bellflower boasts a range of amenities and attractions that cater to residents and visitors alike. The historic downtown area is lined with charming storefronts, local eateries, and community gathering spaces, providing a quaint backdrop for leisurely strolls and casual outings. Nearby parks and recreation facilities offer ample opportunities for outdoor activities, while cultural events and festivals showcase the city's vibrant arts scene and rich heritage. The property is located close to the 91 fwy and 605 fwy., within 10 minutes to Long Beach Airport.

Location

State CA

County Los Angeles

Area Bellflower (90706)

Zoning Appraiser

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $167

Space Rent $1,591

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by George Bustamante • Coldwell Banker Commercial
Bought with Armando Gonzalez • Century 21 Allstars
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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