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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,300,000

Est. payment - /mo

8 Beds

4 Baths

3,405 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,405 sqft

Price per Sqft $381

MLS Listing ID 25568281

Bedrooms 8

HOA Y/N No

Year Built 1930

Lot Size 6,908 Sqft

Property Description

9527 Los Angeles St. is 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.

Location

State CA

County Los Angeles

Area Rg - Bellflower North Of 91 Frwy, S Of Alondra

Zoning BFR3*

Interior

Heating Forced Air

Fireplace No

Appliance Disposal

Exterior

Parking Features Carport, Driveway

Total Parking Spaces 6

Building

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 7106010015

Special Listing Condition Standard

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Listed by Edward Pan Colliers International Greater Los Angel

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9527 Los Angeles ST Bellflower, CA 90706