9527 Los Angeles St - Apartments FOR SALE


Bellflower, CA 90706
$1,300,000 USD
626-257-8502
9527 Los Angeles St, Bellflower, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/10
null | 3.62% Cap Rate

9527 Los Angeles St
Bellflower, CA 90706


HIGHLIGHTS

  • Desirable mix of all 2-bedroom/1-bathroom units
  • Rental rates are below market, providing potential upside with a pro forma CAP rate of 5.88%
  • Total building size of approximately 3,406 SF on a 6,909 SF lot in a quiet residential area of Bellflower
  • Well-maintained asset with strong tenant appeal, including a single-family house and a rear triplex
  • Located just northwest of the 605 and 91 freeway interchange, offering excellent regional connectivity
  • Close proximity to Bellflower Blvd. and Alondra Blvd., offering convenient access to shopping, dining, schools, and local services

OVERVIEW

The Pacific Partners of Colliers International is pleased to present 9527 Los Angeles St., a fully occupied 4-unit multifamily property located in a quiet residential pocket of Bellflower, just northwest of the 605 and 91 freeway interchange. This well-maintained property offers an attractive value-add opportunity in a strong rental submarket of Southern California. Situated on a 6,909 SF rectangular lot, the property consists of one single-story front house and a two-story triplex in the rear, totaling approximately 3,406 rentable square feet. Originally built in 1930, the building features a desirable unit mix of four 2-bedroom/1-bathroom units, including a standalone front unit that adds to tenant appeal. The property is currently 100% occupied, with rents approximately 50% below market, providing a clear path for rental upside. Based on updated market rents, the asset has the potential to achieve a pro forma CAP rate of 5.88%, making it a compelling investment in a supply-constrained rental market. (Buyers to perform their own due diligence regarding rent regulations.) Ideally located near Alondra Blvd. and Bellflower Blvd., the property offers residents easy access to local shopping, restaurants, schools, and major employment centers, as well as excellent freeway connectivity.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$382 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

3.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

BFR3*

APN/PARCEL ID

7106-010-015

ASK ABOUT THIS PROPERTY

David LinColliersMore Info
626-257-8502

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David LinColliersMore Info
626-257-8502

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