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    1/2 BATHS
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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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School Ratings & Info

Description

The subject property is a 6-unit apartment building built in 1979 located in the city of Bellflower. This asset features spacious units, individual meters for gas and electric, and a 2:1 parking ratio. Furthermore, the current rents are significantly below the current market, which presents an outstanding opportunity to add value through improving the property and increasing rents. Physical inspection will take place with an accepted offer and Buyers deposit placed in escrow.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-19T14:42:34.823. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/119177434
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9421 Harvard St Bellflower, CA 90706

  • Price: $1,725,000
  • Status: Active
  • Updated: 64 min ago
  • MLS #: 21-759158
11
Beds
0
Baths
0
½ Baths
0.21
Acres
5,416
SQFT
$319
$/SQFT
1979
Built
Neighborhood:
Bellflower North Of 91 Frwy, S Of Alondra
County:
Los Angeles
Area:
Bellflower North Of 91 Frwy, S Of Alondra
Property Description
The subject property is a 6-unit apartment building built in 1979 located in the city of Bellflower. This asset features spacious units, individual meters for gas and electric, and a 2:1 parking ratio. Furthermore, the current rents are significantly below the current market, which presents an outstanding opportunity to add value through improving the property and increasing rents. Physical inspection will take place with an accepted offer and Buyers deposit placed in escrow.
Exterior Features

Lot Size Area 9100 Other Structures None Parking Garage CarportCarport AttachedOther Pool Description None Pool YN No Spa None Spa YN No Total Parking 12

Interior Features

Baths Total 6.00 Cooling Wall Unit(S) Equipment None Heating Wall Laundry Laundry Area

Property Features

Assessed Total Value 178024 Gross Income 93096 Gross Operating Income 90303 Like Units1 5 Like Units2 1 Net Operating Income 51674.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 38629 Type Of Units Multi-Family Year Built Source Vendor Enhanced Zoning Bfr3*

Listing provided courtesy of Nicholas Petrosian DRE#01462598 of Remax Commercial And Investment Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-19T14:42:34.823. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211