$1,980,000
$1,980,000
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11 Beds
9 Baths
4,644 SqFt
SOLD DATE : 08/30/2024
Key Details
Sold Price $1,980,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,644 sqft
Price per Sqft $426
MLS Listing ID 24-393089
Sold Date 08/30/24
Bedrooms 11
Year Built 1938
Annual Tax Amount $24,750
Lot Size 0.460 Acres
Acres 0.4606
Property Description
9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Six of the Seven Structures Contain Brand-New Roofs | Fully Renovated 1-Bedroom Unit with New Kitchen Cabinets, New Quartz Counters, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures and New Ceiling Fan | Recently Painted Property with Tremendous Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping | On-Site Laundry Facility, Total of 14 Parking Spaces & Ample Outdoor Space for Tenants | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium, Bellflower Library Garden, and the 91, 605 & 105 Freeways
Location
State CA
County Los Angeles
Area Bellflower N Of Alondra, W Of Bellflower
Zoning BFR3YY
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Washer, Dryer
Laundry Laundry Area, Room
Exterior
Parking Features Garage, Uncovered
Garage Spaces 14.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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