9533 Somerset Blvd, Bellflower, CA 90706

$1,720,000
10
BD
10
BA
5,834
SqFt
Sold Price
$1,720,000
List Price
$2,225,000
Closing Date
Dec 22, 2022
MLS#
22-196779
Status
SOLD
Type
Multifamily
Bedrooms
10
Bathrooms
10
Living Area
5,834

Property Description

We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 65% upside in rents and over a 6.5% cap rate on market rents.

Additional Information

Year Built
1955
Garage
Covered Parking

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Skyline Commercial Real Estate, David Oronoz. Selling Office: .

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