9209 Artesia BLVD, Bellflower, CA 90706
9209 Artesia BLVD, Bellflower, CA 90706
9209 Artesia BLVD, Bellflower, CA 90706
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$1,850,000
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0.29 Acres Lot
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9209 Artesia BLVD Bellflower, CA 90706

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OB Juncal

OB Juncal

+1(760) 994-2404

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26085095

HOA Y/N No

Rental Info Month To Month

Year Built 1951

Lot Size 0.291 Acres

Property Sub-Type Apartment

Property Description

Attention Investors! Rare 6-unit income property in Bellflower - No Rent Control! Fully renovated and turnkey with a 6.65% cap rate and $123,115 NOI. Unit mix includes (4) 2BD/1BA, (1) 3BD/2BA, and (1) 1BD/1BA. Every unit has been meticulously rehabbed with new kitchen cabinets, laminate flooring, recessed lighting, dual-pane windows, and updated bathrooms. Major upgrades include a new 30-year roof (2022), upgraded electrical, plumbing, and heating systems, a remote-controlled security gate, and a multi-unit mailbox. Tenants pay for gas and electricity. 9 parking spaces (7 covered carports + 2-car garage), with one garage bay rented for additional income. All tenants are month-to-month with pro forma upside. Ideally located at the LA/Orange County border with quick access to the 5, 91, 105, 605, and 710 freeways. Close to Cerritos, Lakewood, and Downey. Buyer to cooperate with Seller's 1031 Exchange at no cost. Don't miss this one!

Location

State CA

County Los Angeles

Area Rf - Bellflower South Of 91 Frwy

Interior

Heating Wall Furnace

Cooling See Remarks, Whole House Fan

Fireplace No

Laundry In Kitchen

Exterior

Parking Features Assigned

Garage Spaces 2.0

Carport Spaces 7

Garage Description 2.0

Fence Fair Condition

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

View Y/N No

View None

Roof Type Rolled/Hot Mop,Shingle

Total Parking Spaces 9

Private Pool No

Building

Lot Description No Landscaping, Near Public Transit, Rectangular Lot

Story 1

Entry Level One

Foundation Combination

Sewer Public Sewer

Water Private

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7162017032

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Tony Lopez Coldwell Banker Envision 562-762-7403, DRE #01752038

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OB Juncal

OB Juncal

Broker | License ID: 01484096

+1(760) 994-2404

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9209 Artesia BLVD