9048 Cedar St - Multi-Family FOR SALE


Bellflower, CA 90706
$1,875,000 USD
949-279-6699
9048 Cedar St, Bellflower, CA for Sale
$1,875,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

9048 Cedar St
Bellflower, CA 90706


HIGHLIGHTS

  • Large buildable lot
  • one home can be delivered vacant for owner occupied financing
  • high barrier to entry location

OVERVIEW

Four Houses on a massive Lot. All houses updated in the last 7 years. Front house is a 2br with own driveway/parking. Middle home is a 3br with attached garage. Back two homes are 2br each with large front yard areas and back yards as well. Each back house has 1 Carport space and one open parking space. Plenty of room for ADU add. Or, lot can be redeveloped with up to 12 units (verify with City, Seller makes no representations). One of the houses (2br) can be delivered vacant so would work well for an owner occupied purchase, FHA low down pmt. loan, etc.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$478 USD /SF

# OF UNITS

4

PRICE/UNIT

$468,750

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9048 Cedar St.

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,421 SF

ZONING

Bellflower R-2

APN/PARCEL ID

7162-005-011

ASK ABOUT THIS PROPERTY

David RamirezSpaulding Pacific ManagementMore Info
949-279-6699

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

David RamirezSpaulding Pacific ManagementMore Info
949-279-6699

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