9533 Somerset Boulevard Bellflower, CA ^$ 1,900,000

9533 Somerset Boulevard

^$ 1,900,000

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9533 Somerset Boulevard

Bellflower, CA, 90706

^$ 1,900,000

Studio Baths0.0 Sq 5,834

Monthly Estimate*

^$ 13,272

9533 Somerset Boulevard, Bellflower, CA 90706 - Image 1

9533 Somerset Boulevard, Bellflower, CA 90706 - Image 2

9533 Somerset Boulevard, Bellflower, CA 90706 - Image 3

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9533 Somerset Boulevard, Bellflower, CA 90706 - Image 8

Studio

Multi-Family Home for sale in Bellflower, CA

for $1,900,000. This 5,834 square foot home was built in 1955 on a lot size of 0.33.

We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Most units contain washer and dryer hookups. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 40% upside in rents and nearly a 7.5% cap rate on market rents.

Multi-Family Pending

Price

^$ 1,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.33

Year Built

1955

Town/City

Bellflower

County/Region

Los Angeles

MLS | Web ID

0023255865

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Possession Close of Escrow

Zoning BFR3YY

Year Built 1955

Levels One

Accessibility Other

County Los Angeles

Net Operating Income 83902.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Pending

City Bellflower

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area RJ - Bellflower W of N Alondra

Lot Size Square Feet 14401.0

Street Name Somerset

Additional Parcels Y/N Yes

Standard Status Pending

Buyer Agent Compensation Type %

Exterior

Parking Features Covered

Lot Size Area 14401.0

Building Area Total 5834.0

Lot Size Acres 0.33

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

David Oronoz

Listing Agent

Skyline Commercial Real Estate

Broker

Affordability Calculator

$13,272

Per Month

Monthly Principal & Interest: $13,272
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Bellflower, CA

Average List Price ^$1,619,694

Percent of Sale Price 15%

About Bellflower, CA

77,744 Population

7% Since 2002

^$52,188 Median Income

34.39 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/2/2023	$1,900,000	-13.44%	Price Down
7/31/2023	$2,195,000	-2.44%	Price Down
4/10/2023	$2,250,000		Listed Price

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9533 Somerset Boulevard, Bellflower, CA, 90706 is a Multi-Family Home for sale at $1,900,000 with 5,834 sqft and a lot size of 0.33. 9533 Somerset Boulevard is a studio with 0.0 baths and was built in 1955. The property's zip code is 90706 which is in Bellflower, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/1/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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9533 Somerset Boulevard

Multi-Family Home for sale in Bellflower, CA

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