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$1,525,000
Est. payment /mo
5,056 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,056 sqft
Price per Sqft $301
MLS Listing ID CL26857229
HOA Y/N No
Year Built 1955
Lot Size 6,512 Sqft
Acres 0.1495
Property Sub-Type Other
Property Description
PRICE IMPROVEMENT! Now priced at $254K/unit with a current 6.09% CAP and 9.93 GRM, this 6-unit multifamily investment offers strong immediate cash flow. We are pleased to present this charming, well-maintained asset in a prime Bellflower location with consistent rental demand and convenient access to the 91, 605, and 710 freeways. Built in 1955, the property features a highly desirable unit mix consisting entirely of 2-bedroom/1-bath units. The units are in good condition, with the majority featuring upgraded wood-look vinyl flooring. Parking includes six single-car garages plus six open spaces. The property is separately metered for gas and electricity and features an on-site laundry facility. A compelling opportunity for investors seeking stable cash flow in a well-established rental market.
Location
State CA
County Los Angeles
Zoning BFR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Laundry Room
Building
New Construction No
Others
Tax ID 6271020016
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Listed by Nicholas Petrosian • Remax Commercial and Investment Realty
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