9535 Cedar, Bellflower, CA 90706

$3,195,000

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List Price
$3,195,000
Status
ACTIVE
MLS#
PW26150210
Year Built
1988
Lot Size
19,077
Acres
0.44
Lot Location
0-1 Unit/Acre
Days on Market
17
Property Type
Multifamily
Style
Traditional
Property Sub Type
Apartment

Property Description

This is a FANTASTIC OPPORTUNITY to acquire a multi-unit property in Bellflower. NEW BUILD in 1988 by a renowned Builider. A Massive Complex boasting 8,084 sq/ft of living space on a 19,077 sq/ft Lot. The property consists of six spacious TOWNHOUSE-style units, each with 2 bedrooms and 1.5 bathrooms, plus one front house with 3 bedrooms and 2.25 bathrooms. All units include washer and dryer hookups and an attached two-car garage. This is a RARE chance to obtain a newer, constructed complex with an appealing design, keeping high occupancy rates, and huge UPSIDE POTENTIAL with Future Rent Increases. Agents bring your CLIENTS & INVESTORS! This is an EXCELLENT INVESTMENT OPPORTUNITY to add to your PORTFOLIO or get started with Rental Income Property.

Additional Information

Pool Description
None
Fireplace Description
Family Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Roof
Composition
Garage Spaces Total
7
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$195,600
Operating Expense
50634

Listing courtesy of Listing Agent: Scott Austin (ScottAustin4CB@hotmail.com) from Listing Office: Home Base Realty Inc.

Mortgage Calculator

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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.