9746 Park St - Apartments FOR SALE


Bellflower, CA 90706
$4,398,000 USD
213-864-2862
9746 Park St, Bellflower, CA for Sale
$4,398,000 USD
Apartments - FOR SALE
1/5
null | 5.58% Cap Rate

9746 Park St
Bellflower, CA 90706


HIGHLIGHTS

  • • 16-unit multifamily property in Bellflower, CA
  • • No Rent Control (Subject only to CA – AB 1482)
  • • Mix: (8) 2 Bed / 1 Bath & (8) 1 Bed / 1 Bath Unit
  • • 24 Total Parking Spaces (22 Open & 2 Covered Spaces)
  • • Large Patios & Balconies
  • • Storage Lockers for all tenants, and a Large Laundry Facility

OVERVIEW

• Over $500,000+ in Capital Improvements made • All New Electrical Sub Panels • 11.11 GRM on Actuals with Upside! • New Roof • All New Vinyl Windows throughout • Updated Landscaping and Irrigation • New Euro/Modern Cabinets in all Renovated Units • Washer/Dryers included in select units • New Exterior Paint • Significant Wood and Stucco upgrades completed • SB 721 work completed with all new Balconies Note: The Seller is also selling 12 upgraded units at 9900 Ramona St. in Bellflower. Please inquire within if interested

FOR SALE DETAILS

PRICE

$4,398,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

16

PRICE/UNIT

$274,875

CAP RATE

5.58%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,428 SF

ZONING

BFR3*

APN/PARCEL ID

7110-024-020

ASK ABOUT THIS PROPERTY

Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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