12024 Bellflower Blvd - Apartments FOR SALE


Downey, CA 90242
$6,300,000 USD
562-786-1777
12024 Bellflower Blvd, Downey, CA for Sale
$6,300,000 USD
Apartments - FOR SALE
1/8
null | 4.71% Cap Rate

12024 Bellflower Blvd
Downey, CA 90242


HIGHLIGHTS

  • All units are spacious, the property has it's own Community Laundry area and storage room
  • total of 26 total parking spaces of which 4 garages and 2 parking spaces are bringing additional monthly income
  • located walking distance to Stonewood Mall, Downey landing, Promenade, Kaiser Permanente, Cinemark and lots of surrounding restaurants to choose from

OVERVIEW

La Villa Hermosa features a gated private 15 Units building with 8= 1bd 1bth 6= 2bd 1bth 1= 3bth 2bth All units are spacious, the property has it's own Community Laundry area and storage room, NEW ROOF, NEW DUAL PANEL WINDOWS, AS OF MAY 2024 MORE INCOME!! 3 units are upgraded with laminated wood floors new kitchen cabinets and paint, there are a total of 26 total parking spaces of which 4 garages and 2 parking spaces are bringing additional monthly income. This Building is located walking distance to Stonewood Mall, Downey landing, Promenade, Kaiser Permanente, Cinemark and lots of surrounding restaurants to choose from, for the convenience of the tenants there is also easy access to the surrounding Fwy's. This property is centrally located that there are hardly any vacancies, SELLER MAY CONSIDER TO CARRY THE LOAN.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$473 USD /SF

# OF UNITS

15

PRICE/UNIT

$420,000

CAP RATE

4.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

DOR3

APN/PARCEL ID

6284-022-005

ASK ABOUT THIS PROPERTY

Maria Menjivar4u RealtyMore Info
562-786-1777

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Maria Menjivar4u RealtyMore Info
562-786-1777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.