$3,765,000
$3,850,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
9559 Flower Street Bellflower, CA 90706
3 Beds
3 Baths
0.43 Acres Lot
Key Details
Sold Price $3,765,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW26039950
Bedrooms 3
Lot Size 0.430 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present the Brownstone Apartments, offered for sale for the first time in over 30 years and located in a strong Bellflower submarket. This well-maintained property features an ideal unit mix of one- and two-bedroom units, along with a permitted studio ADU. The all-electric property has undergone significant capital improvements, including a new roof, new electrical subpanels, new dual-pane windows, new asphalt, updated walkways and balconies, and completed SB 721 compliance. With a cap rate exceeding 7.5% on market rents and over 25% upside in rental income, the Brownstone Apartments offer investors the opportunity to acquire a clean, well-maintained asset with substantial rental upside.
Location
State CA
County Los Angeles
Zoning Public Rec
Exterior
View Y/N No
Building
Story 2
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Chris Keramati Triqor Group
NEARBY SCHOOLS & BUSINESSES





