9816 Park Street Bellflower, CA ^$ 2,375,550

9816 Park Street

^$ 2,375,550

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9816 Park Street

Bellflower, CA, 90706

^$ 2,375,550

Bedrooms13 Baths9.1 Sq 6,466

Monthly Estimate*

^$ 15,789

Listed by eXp Realty of California Inc.

9816 Park Street, Bellflower, CA 90706 - Image 1

9816 Park Street, Bellflower, CA 90706 - Image 2

9816 Park Street, Bellflower, CA 90706 - Image 3

9816 Park Street, Bellflower, CA 90706 - Image 4

9816 Park Street, Bellflower, CA 90706 - Image 5

9816 Park Street, Bellflower, CA 90706 - Image 6

9816 Park Street, Bellflower, CA 90706 - Image 7

9816 Park Street, Bellflower, CA 90706 - Image 8

9816 Park Street, Bellflower, CA 90706 - Image 9

Multi-Family Home for sale in Bellflower, CA

for $2,375,550 with 13 bedrooms and 9 full baths, 1 half bath. This 6,466 square foot home was built in 1972 on a lot size of 0.2315.

Ideally located only two lots off of the vibrant downtown of Bellflower Blvd. in Bellflower, California, this multifamily property offers an enticing investment opportunity, close walking proximity to dining and shopping, as well as convenient freeway access to the 91 and 605 freeways. The complex features nine units, including four 2-bedroom/1-bath, one 1-bedroom/1.5-bath, and four 1-bedroom/1-bath apartments, all supported by 14 gated parking spaces. Currently generating $13,215 in monthly income, with the potential to achieve approximately an income upside of $4,000 with modest rent adjustments,. All tenants are on a month-to-month lease, providing flexibility in management. Major updates include a new roof installed in 2007, a comprehensive copper re-pipe in 2011 with a 50-year warranty, a new 100-gallon water heater in 2022, and new windows in the majority of the units. Reach out for this opportunity today.

Multi-Family Active

Price

^$ 2,375,550

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.2315

Year Built

1972

Town/City

Bellflower

County/Region

Los Angeles

MLS | Web ID

DW24075638

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Possession CloseOfEscrow

Zoning BFR3*

Garage Spaces 0.0

Pool Features None

Security Features SecurityGate

Year Built 1972

Electric Standard

Tenant Pays CableTV Electricity Gas

Stories 2

Levels Two

Property SubType Apartment

Gross Income 158580.0

Community Features Curbs

County Los Angeles

Net Operating Income 103116.0

Operating Expense 55464.0

Insurance Expense 2411.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Seller to use 1031 Exchange. at no additional cost to the buyer

Garage Y/N N

Special Listing Conditions Standard Trust

Status Active

Directions Park st & Bellflower blvd

City Bellflower

Entry Location 1

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 9

MLS Area RG - Bellflower North of 91 Frwy S of Alondra

Lot Size Units SquareFeet

Lot Size Square Feet 10085.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 9

Street Name Park

Listing Terms CashtoExistingLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 5133.0

Water Sewer Expense 1826.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 11

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 416

Total Actual Rent 13215.0

Property Sub Type Additional Apartment

Taxes 34340.0

Exterior

Parking Features ElectricGate Gated OnSite Paved

Water Source Public

Total Parking 0.0

Lot Size Area 10085.0

Number of Buildings 1

Spa N

Building Area Total 6466.0

Lot Size Acres 0.2315

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features DoublePaneWindows

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 9816

* Excluded Features

List By

Exp Realty Of California Inc.

Broker

(562) 888-0488

Phone

Affordability Calculator

$15,789

Per Month

Monthly Principal & Interest: $15,789
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$2,044,768

Percent of Sale Price 14%

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/3/2024	$2,375,550	-4.98%	Price Down
4/17/2024	$2,499,999		Listed Price

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9816 Park Street, Bellflower, CA, 90706 is a Multi-Family Home for sale at $2,375,550 with 6,466 sqft and a lot size of 0.2315. 9816 Park Street has 13 bedrooms, 9.1 baths, and was built in 1972. 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 6.99% 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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9816 Park Street

Multi-Family Home for sale in Bellflower, CA

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