9559 Flower Street, Bellflower, CA 90706
9559 Flower Street, Bellflower, CA 90706
9559 Flower Street, Bellflower, CA 90706
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$3,850,000
Est. payment /mo
3 Beds
3 Baths
0.43 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26039950

Bedrooms 3

Lot Size 0.430 Acres

Property Sub-Type Res Income 2-4 Units

Property 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.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Going West on Flower St., Property Will be on Your Right Once you Pass Ardmore Ave.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7106001021

Acceptable Financing Conventional

Listing Terms Conventional

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MLS Router / San Diego MLS
Listed by Chris Keramati, DRE#01702116 Triqor Group 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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