14534 Bellflower Blvd - Apartments FOR SALE


Bellflower, CA 90706
$1,595,000 USD
714-262-8992
14534 Bellflower Blvd, Bellflower, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/10
null | 4.18% Cap Rate

14534 Bellflower Blvd
Bellflower, CA 90706


HIGHLIGHTS

  • Built in 1971
  • (1) 3BD/2BA, (2) 2BD/BA, (1) 1 BD/1BA
  • All Units Renovated
  • New Windows Throughout
  • Carport Parking
  • On-site Laundry

OVERVIEW

The Bellflower Blvd 4-plex presents a rare owner user or investor opportunity to acquire a renovated 4-plex in Bellflower with stable tenants while still having realistic rental upside. The structure was built in 1971, measures 4,130 square feet and sits atop a 5,025 square foot lot. The subject property boasts a desirable unit mix of (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath, and (1) 1 bedroom 1 bath apartments. All apartments have been renovated in the past few years with updates including new windows, white shaker cabinets, quartz countertops (kitchens and bathrooms), plank vinyl flooring, and new appliances. Tenants enjoy separately metered utilities, an onsite laundry room and assigned carport and open parking spaces. The 4-plex is located in a commuter friendly location with easy access to the 605, 105 and 91 freeways, connecting tenants to major employment hubs throughout the broader Los Angeles and Long Beach metro regions.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$386 USD /SF

# OF UNITS

4

PRICE/UNIT

$398,750

CAP RATE

4.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bellflower 4-Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,984 SF

ZONING

-

APN/PARCEL ID

6274-006-032

ASK ABOUT THIS PROPERTY

Michael ArpMorgan-Skenderian Investment Real Estate GroupMore Info
714-262-8992

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Michael ArpMorgan-Skenderian Investment Real Estate GroupMore Info
714-262-8992

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