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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22129668
Sold Date 10/07/22
HOA Y/N No
Year Built 1976
Lot Size 0.271 Acres
Property Description
Well-maintained 5-unit in highly desirable Bellflower PRIME RENTAL LOCATION! The property features 3 bedroom/2 bath front unit with fireplace and private patio (ideal for owner). There are also 3 townhome style units with 2 beds/1.5 baths each PLUS 1 (Unit #2)with 2 beds/1 bath that is entirely upstairs and more roomy. ABUNDANT PARKING with 5 one-car garages, 1 covered carport & four open parking spaces! GATED PROPERTY provides PRIVACY. Central air & heat. Separate gas & electric meters. Solar panel lease of $100 month is offset with COIN OPERATED laundry facility that generates approximately $100 month income. Very clean and exhibits PRIDE OF OWNERSHIP!
“Rents are LOW and there is NO RENT CONTROL IN BELLFLOWER! A 10% increase in rents combined with self-managed will = 4.4 cap!”
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Zoning BFR3*
Rooms
Ensuite Laundry Common Area, Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Heating Forced Air
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area, Laundry Room
Exterior
Garage Carport, Garage, One Space
Garage Spaces 5.0
Carport Spaces 1
Garage Description 5.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Parking Type Carport, Garage, One Space
Total Parking Spaces 10
Private Pool No
Building
Lot Description Street Level
Story Multi/Split
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7110007028
Energy Description 240.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Trey Mitchell • CB Richard Ellis, Inc.
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