9248 Palm St, Bellflower, CA 90706

$3,895,000

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List Price
$3,895,000
Price Change
▼ $55,000 1783995449
Status
ACTIVE
MLS#
NP26118346
Year Built
1986
Lot Size
19,396
Acres
0.45
Lot Location
6-10 Units/Acre
Days on Market
56
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Introducing the opportunity to acquire The Roof Gardens, a nine unit apartment building located in Bellflower, CA. The property is comprised of very spacious 2 bedroom 2 bathroom townhouse style units each with a two-car garage, private rooftop deck, washer and dryer hookups, and central A/C making this a highly unique asset rarely available in today's market. In addition to the two-car garages, there are an additional 7 parking stalls in the rear of the property that provide additional income. This back land area is approximately 1,800 SF providing an investor potential to construct ADU's and generate additional value. Built in 1986, this is a newer built asset with highly desirable units that attract long term tenants at strong rents in a preferable rental market.

Additional Information

Pool Description
None
Garage Spaces Total
18
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
9
Gross Scheduled Income
$272,700
Operating Expense
75556

Listing courtesy of Listing Agent: Ryan Pratt (ryan@skylinecommercialadvisors.com) from Listing Office: Skyline Commercial Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.