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9559 Flower Street, Bellflower, CA 90706
Priced at Only: $3,850,000
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Address: 9559 Flower Street, Bellflower, CA 90706
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  • MLS#: PW26039950 ( Apartment )
  • Street Address: 9559 Flower Street
  • Viewed: 1
  • Price: $3,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 27
  • Additional Information
  • County: LOS ANGELES
  • City: Bellflower
  • Zipcode: 90706
  • Provided by: Triqor Group
  • Contact: Chris Chris
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present the Brownstone Apartments, offered for sale for the first time in over 30 years and located in a strong Bellflower submarket. This well maintained property features an ideal unit mix of one and two bedroom units, along with a permitted studio ADU. The all electric property has undergone significant capital improvements, including a new roof, new electrical subpanels, new dual pane windows, new asphalt, updated walkways and balconies, and completed SB 721 compliance. With a cap rate exceeding 7.5% on market rents and over 25% upside in rental income, the Brownstone Apartments offer investors the opportunity to acquire a clean, well maintained asset with substantial rental upside.
Features
Building Area Total
  1. 11869.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 20
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 4.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Lot Features
  1. Irregular Lot
Netoperatingincome
  1. 190609.00
Number Of Separate Electric Meters
  1. 17
Parcel Number
  1. 7106001021
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 457199964:CRM
Taxblock
  1. 17
Totalexpenses
  1. 113418.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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