9513 Cedar St - Apartments FOR SALE


Bellflower, CA 90706
$2,445,000 USD
626-664-9863
9513 Cedar St, Bellflower, CA for Sale
$2,445,000 USD
Apartments - FOR SALE
1/6
null | 5.08% Cap Rate

9513 Cedar St
Bellflower, CA 90706


HIGHLIGHTS

  • Two Bedroom and 3 Bedroom Townhouse-Style Units
  • Two-Car Attached Garages
  • Individually Metered
  • Value-Add Potential

OVERVIEW

Skyline Commercial Advisors is offering the opportunity to acquire The Cedar St Townhomes, for sale by its original builders. The property consists of six spacious 2 bedroom 1.5 bath townhouse-style units and one 3 bedroom, 2.25 bath front house, all including washer and dryer hookups and an attached two-car garage. Built in 1986, this is a rare chance to acquire newer constructed apartments with a desirable design, keeping occupancy high. The Cedar St Townhomes are part of a four-property portfolio of similarly constructed buildings in Bellower and Downey, which may be purchased either individually or as a portfolio.

FOR SALE DETAILS

PRICE

$2,445,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

7

PRICE/UNIT

$349,286

CAP RATE

5.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

BFR2*

APN/PARCEL ID

7161-011-039

ASK ABOUT THIS PROPERTY

Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

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Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

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