Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
3,405
9527 Los Angeles St. is a fully occupied 4-unit multifamily property located in a quiet residential pocket of Bellflower, just northwest of the 605 and 91 freeway interchange. This well-maintained property offers an attractive value-add opportunity in a strong rental submarket of Southern California. Situated on a 6,909 SF rectangular lot, the property consists of one single-story front house and a two-story triplex in the rear, totaling approximately 3,406 rentable square feet. Originally built in 1930, the building features a desirable unit mix of four 2-bedroom/1-bathroom units, including a standalone front unit that adds to tenant appeal. The property is currently 100% occupied, with rents approximately 50% below market, providing a clear path for rental upside. Based on updated market rents, the asset has the potential to achieve a pro forma CAP rate of 5.88%, making it a compelling investment in a supply-constrained rental market. (Buyers to perform their own due diligence regarding rent regulations.) Ideally located near Alondra Blvd. and Bellflower Blvd., the property offers residents easy access to local shopping, restaurants, schools, and major employment centers, as well as excellent freeway connectivity.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Carport, Driveway
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1586
-
Property Type
Residential Income
Price
-
Sales Price
$1,300,000
-
Sq. Footage
3, 405
-
Price/SqFt
$381
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Edward Pan , Colliers International Greater Los Angel
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