9209 Artesia BLVD Active

Bellflower,CA 90706

$ 1850000

- Bed

- Bath

- SqFt


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

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