15732 Santa Ana Ave - Apartments FOR SALE


Bellflower, CA 90706
$1,525,000 USD
949-607-7096
15732 Santa Ana Ave, Bellflower, CA for Sale
$1,525,000 USD
Apartments - FOR SALE
1/7
null | 6.09% Cap Rate

15732 Santa Ana Ave
Bellflower, CA 90706


HIGHLIGHTS

  • Prime Bellflower Location – Highly Walkable Area with Convenient Access to Shopping, Dining and the 91, 605 & 710 Freeways
  • 6.09% Cap Rate & 9.93 GRM on Current Income
  • Ideal unit mix consisting of 100% 2-Bed / 1-Bath units
  • Parking: (6) Single-Car Garages & (6) Open Spaces
  • Separately Metered for Gas & Electricity
  • On-site Laundry Facility

OVERVIEW

SELLER FINANCING! Now priced at $254K/unit with a current 6.09% CAP and 9.93 GRM. Seller financing to be provided with 25% down at 6% interest-only, fixed for 5 years. We are pleased to present this charming, well-maintained 6-unit multifamily property in a prime Bellflower location with consistent rental demand and convenient access to the 91, 605, and 710 freeways. Built in 1955, the property features a highly desirable unit mix consisting entirely of 2-bedroom/1-bath units. The units are in good condition, with the majority featuring upgraded wood-look vinyl flooring. Parking includes six single-car garages plus six open spaces. The property is separately metered for gas and electricity and features an on-site laundry facility. A compelling opportunity to acquire a well-maintained multifamily asset in an established Bellflower rental market with attractive seller-provided financing. Drive by only. Do not contact tenants. No interior showings. Buyer's physical inspection will take place once the property is under contract.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$302 USD /SF

# OF UNITS

6

PRICE/UNIT

$254,167

CAP RATE

6.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SELLER FINANCING | 25% DN | 6% I/O FOR 5 YRS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,512 SF

ZONING

BFR3

APN/PARCEL ID

6271-020-016

ASK ABOUT THIS PROPERTY

Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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

Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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