9232 Park Street, Bellflower, CA 90706

$1,500,000
Sold Price
$1,500,000
List Price
$1,690,000
Closing Date
Mar 29, 2023
MLS#
PW22192062
Status
SOLD
Type
Multifamily

Property Description

Well-maintained 4-unit in highly desirable Bellflower prime rental location! Some rents are LOW and there is NO RENT CONTROL IN BELLFLOWER! The property features 3 bedroom/1 bath front unit stand-alone single-story SFR with private yard (ideal for owner) and 2-car attached garage. The front unit is the only unit without AC. Directly behind it are 3 townhome style units that were built in the 1990s and feature 2 beds/1.5 baths each (see photos of #C which is slightly superior condition but typical floorplan); all units feature a private front covered patio with bathroom off hallway leading directly to the garage with openers and laundry area. The stairway leads to a spacious living room with coat closet off the dining area and kitchen with tile counters, double sink with garbage disposal, dishwasher, gas stove & vent hood & refrigerator. Both bedrooms and hall bathroom are upstairs. 2-car GUEST PARKING available at rear with 4 oversized two-car garages! Central air & heat. 4 separate gas & 5 separate electric meters. Extra wide driveway for two cars! Very clean and exhibits PRIDE OF OWNERSHIP! NOTE that proforma rents yield 16.3 x gross and 5.5 cap and there is still probably upside beyond that!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Vylla Home, Inc., Mike Potier. Selling Office: RE/MAX CHAMPIONS.