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Bellflower,CA 90706
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS24168855
Year Built 1951
Annual Tax Amount $21,250
Tax Year 2022
Lot Size 0.291 Acres
Property Description
Attention investors! This is an extraordinary opportunity to acquire a versatile Commercial/Residential Income Property in the highly desirable City of Bellflower. You won't want to miss out on this must-see investment property, featuring 6 recently renovated units. Each unit has undergone meticulous rehab, including brand new kitchen cabinets, updated laminate flooring, upgraded recessed lighting, modern dual pane windows, and stylish bathrooms. The property offers a variety of unit configurations, including (4) spacious 2-bedroom/1-bathroom units, (1) 3-bedroom/2-bathroom unit, and 1 charming 1-bedroom/1-bathroom unit at the front. 7 carport parking spots and 2 car garages, with one currently rented as a storage unit. Additional renovations have been done to this property, including a new 30-year roof installed in 2022, a remote-controlled gate, new dual pane windows and doors, a multi-unit mailbox, and upgraded electrical, plumbing, and heating systems. Each unit is equipped with ceiling fans, modern kitchen cabinets, stylish bathroom showers, and sinks. Tenants are responsible for gas and electric, while the landlord covers water and trash. With all tenants on 12-month leases, you can expect stability and consistent income. Conveniently located in the heart of LA and Orange County, this property offers easy access to major freeways, (5, 91, 105, 710 and 605), and relatively close to Cerritos, Lakewood, and Downey malls, LAX, and more. What's more, the city of Bellflower does not have rent control, providing investors with even greater potential for return on investment. Don't hesitate, act quickly to secure this incredible opportunity. Remember, opportunities like this are rare. Don't miss your chance to own this remarkable property.
Location
State CA
County Los Angeles
Area Rf - Bellflower South Of 91 Frwy
Zoning BFM1
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry Inside,See Remarks
Exterior
Exterior Feature Awning(s)
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Fence Brick,Partial
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks
Utilities Available Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Composition,Mixed,Reflective,Shingle
Building
Lot Description 6-10 Units/Acre,Level,No Landscaping,Near Public Transit,Rectangular Lot
Story 1
Foundation Combination,Raised,Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,Submit
Listing Terms Cash,Cash to New Loan,Conventional,Submit
Special Listing Condition Standard