9240 Palm Street Bellflower, CA ^$ 5,150,000

9240 Palm Street

^$ 5,150,000

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Recently Listed

9240 Palm Street

Bellflower, CA, 90706

^$ 5,150,000

Studio Baths1.0 Sq 13,421

Monthly Estimate*

^$ 31,709

Listed by Morgan Skenderian

9240 Palm Street, Bellflower, CA 90706 - Image 1

9240 Palm Street, Bellflower, CA 90706 - Image 2

9240 Palm Street, Bellflower, CA 90706 - Image 3

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Studio

Multi-Family Home for sale in Bellflower, CA

for $5,150,000 with 1 full bath. This 13,421 square foot home was built in 1963 on a lot size of 0.4516.

|| ABSOLUTE PRIDE OF OWNERSHIP, TURN-KEY PROPERTY || GREAT MIX OF 1-BEDROOM/1-BATH & 2-BEDROOM/2-BATH UNITS || STRONG BELLFLOWER RENTAL MARKET NEAR MAJOR THOROUGHFARES || LARGE FLOORPLANS WITH PRIVATE PATIOS || NOT SUBJECT TO CITY RENT CONTROL ||

Multi-Family Active

Price

^$ 5,150,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 63,617

Style

Lot Size

0.4516

Year Built

1963

Town/City

Bellflower

County/Region

Los Angeles

MLS | Web ID

PW26041898

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1963

Stories Count 1

Levels One

Property Subtype Apartment

Gross Income 17940

Community Features Curbs Gutter(s) Sidewalks

County Los Angeles

Net Operating Income 291281

Operating Expense 121124

Insurance Expense 13000

New Construction false

Property Type Residential Income

MaintenanceExpense 15000

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions East of Lakewood Blvd and North of Artesia Blvd.

City Bellflower

Entry Location 1

Senior Community Y/N false

Open Parking Spaces 22

Number Of Units Total 16

MLS Area RF - Bellflower South of 91 Frwy

Lot Size Units Square Feet

Lot Size Square Feet 19672

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Tax Annual Amount 63617

Electric Expense 5351

Fuel Expense 5351

Trash Expense 5351

Water Sewer Expense 5351

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 339

Property Sub Type Additional Apartment

Taxes 63617

Cap Rate 5.7

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Parking Features Assigned

Water Source Public

Total Parking 22

Lot Size Area 19672

Number of Buildings 1

Building Area Total 13421

Lot Size Acres 0.4516

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 17

Number of Separate Electric Meters 17

* Excluded Features

List By

Morgan Skenderian

Broker

dsr@morganskenderian.com

Affordability Calculator

$37,011

Per Month

Monthly Principal & Interest: $31,709
Monthly Property Taxes: $5,301
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$2,952,273

Percent of Sale Price 43%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/25/2026	$5,150,000		Listed Price

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9240 Palm Street, Bellflower, CA, 90706 is a Multi-Family Home for sale at $5,150,000 with 13,421 sqft and a lot size of 0.4516. 9240 Palm Street is a studio with 1.0 baths and was built in 1963. 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 6.25% 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 3/4/2026. 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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9240 Palm Street

Multi-Family Home for sale in Bellflower, CA

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