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9713 Cedar Street, Bellflower, CA 90706
Priced at Only: $3,000,000
For more Information Call Mobile: 714.478.6676
Address: 9713 Cedar Street, Bellflower, CA 90706
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  • MLS#: PW25085748 ( Condominium )
  • Street Address: 9713 Cedar Street
  • Viewed: 3
  • Price: $3,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 67
  • Additional Information
  • County: LOS ANGELES
  • City: Bellflower
  • Zipcode: 90706
  • Provided by: Keller Williams Realty
  • Contact: Kevin Kevin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Investors Dream in the Heart of Bellflower! An exceptional investment opportunity at 9713 Cedar Street in Bellflower, CAa rare find with major potential for expansion and strong existing cash flow. Situated on a generous 19,633 sq. ft. lot zoned BFR3, this multi unit bungalow style property is primed for both immediate rental income and future development. The current setup includes six units across four structures: A charming 3 bedroom, 1 bathroom front house Two separate units each with two 2 bedroom, 1 bathroom units A cozy 1 bedroom, 1 bathroom unit Two detached garages for added rental income On site community laundry room for tenant convenience. Zoning and lot size mirror nearby properties that have already been successfully redeveloped into 12 unit complexes, highlighting the significant upside potential. With numerous large scale new developments in the surrounding area, this property sits in a growth corridor thats gaining momentum fast. The current cap rate outperforms comparable properties on the marketperfect for the savvy investor looking for both stability and opportunity. Motivated seller, priced to sell! Dont miss your chance to own a piece of rapidly growing Bellflower. Explore the possibilities and imagine what you could build here. Schedule a viewing today and see the potential for yourself!
Features
Architectural Style
  1. Bungalow
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 5334.00
Cable Tv Expense
  1. 540.00
Commoninterest
  1. Condominium
Common Walls
  1. 1 Common Wall
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Direction Faces
  1. South
Electric
  1. Standard
Electric Expense
  1. 900.00
Fencing
  1. Average Condition
  2. Block
  3. Chain Link
Fireplace Features
  1. None
Flooring
  1. Tile
Foundation Details
  1. Slab
Garage Rental Rate
  1. 100.00
Garage Spaces
  1. 2.00
Gardner Expense
  1. 1800.00
Heating
  1. Natural Gas
  2. Wall Furnace
Inclusions
  1. Washers
  2. Dryers
Insurance Expense
  1. 4800.00
Interior Features
  1. Ceiling Fan(s)
  2. Unfurnished
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Common Area
  2. Community
  3. Dryer Included
  4. Individual Room
  5. Washer Included
Laundry Income
  1. 1200.00
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 136392.00
Otherincome1
  1. 50.00
Parcel Number
  1. 7161012026
Parking Features
  1. Concrete
  2. Driveway Level
  3. Gated
  4. On Site
  5. Parking Space
  6. Private
  7. Shared Driveway
Pool Features
  1. None
Postalcodeplus4
  1. 6685
Professionalmanagementexpense
  1. 24000.00
Property Type
  1. Condominium
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Security Features
  1. Automatic Gate
  2. Carbon Monoxide Detector(s)
  3. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436716274:CRM
Spa Features
  1. None
Totalactualrent
  1. 16666.00
Totalexpenses
  1. 41328.00
Trash Expense
  1. 3888.00
Uncovered Spaces
  1. 15.00
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Available
  5. Sewer Connected
  6. Water Connected
View
  1. None
Water Sewer Expense
  1. 5400.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Assessor
Zoning
  1. BFR3*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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