16 Units in Bellflower
• Over $500,000+ in Capital Improvements made
• All new Electrical Sub Panels
• New Roof
• All new Vinyl Windows throughout
• Updated Landscaping and Irrigation
• New Euro/Modern Cabinets in all Renovated Units
• Washer/Dryers included in select units
• New Exterior Paint
• Significant Wood and Stucco upgrades completed
• SB 721 work completed with all new Balconies
Property Description
• 16-unit multifamily property in Bellflower, CA • No Rent Control (Subject only to CA – AB 1482) • Mix: (8) 2 Bed / 1 Bath & (8) 1 Bed / 1 Bath Units • 24 Total Parking Spaces (22 Open & 2 Covered Spaces) • Large Patios & Balconies • Storage Lockers for all tenants, and a Large Laundry Facility • 2 minute walk to Downtown Bellflower
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $4,049,000 |
| No. of Units: | 16 |
| Cap Rate: | 6.16% |
| GRM /GIM: | 10.22 |
| Average Occupancy: | 100 |
| Year Built: | 1967 |
| Year Renovated: | 2025 |
| Building Size: | 11,012 Sq ft |
| Lot Size: | 17,425.00 Acres |
| No. of Stories: | 2 |
| Opportunity Zone: | No |
| Price per unit: | $253,063 |
| Parking Spaces: | 24 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Pat Swanson | 2138642862 | [email protected] |
| Angel Bautista | 3235593773 | [email protected] |
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