9040 9042 Ramona Street Bellflower, CA $ 5,315,000
9040 9042 Ramona Street
$ 5,315,000
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9040 9042 Ramona Street

Bellflower, CA, 90706
$ 5,315,000
Baths1.0 Sq 18,216

Monthly Estimate*

$ 33,159

Listed by Marcus & Millichap RE Invest
9040 9042 Ramona Street, Bellflower, CA 90706 - Image 1
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9040 9042 Ramona Street, Bellflower, CA 90706 - Image 13
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Studio

Multi-Family Home for sale in Bellflower, CA

for $5,315,000 with 1 full bath. This 18,216 square foot home was built in 1961 on a lot size of 0.75.

Ramona Street Apartments is a 22-unit multifamily investment property located at 9040 - 9042 Ramona Street in Bellflower, CA. Located on the border of Bellflower, Lakewood, & Long Beach, Ramona Street Apartments is uniquely placed in-close proximity of top destinations and major employment hubs including Lakewood Center, Los Cerritos Center, the Promenade at Downey, and Long Beach Airport, all of which are situated within 4 miles of the property. Furthermore, Ramona Street Apartments’ proximity to Lakewood Boulevard and State Route 91 provides residents with convenient access throughout Southern California. Ramona Street Apartments offers an attractive mix of one and two-bedroom units, averaging over 825 square feet. This diverse mix of floor plans helps the property appeal to a broad renter pool. The property, built in 1961 on a spacious 0.75-acre parcel, features desirable amenities including gated access, ample parking, a swimming pool, an on-site laundry facility, and a spacious yard with a communal BBQ and picnic area. In summary, the property’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With upside and strong rental metrics, Ramona Street Apartments represents an attractive opportunity for a new owner seeking well-located units.

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Multi-Family Pending

Price

$ 5,315,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.75

Year Built

1961

Town/City

Bellflower

County/Region

Los Angeles

MLS | Web ID

OC25117993

Days on Market

210

Features
General
Sewer Public Sewer
Zoning BFM1*
HOA Fee 0
Garage Spaces 0
Pool Features Community
Year Built 1961
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 533252
Community Features Curbs Gutter(s) Sidewalks Pool
County Los Angeles
Net Operating Income 335115
Operating Expense 182515
Insurance Expense 17600
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 16500
Garage Y/N false
Special Listing Conditions Standard
Status Pending
Directions Cross Streets of Ramona Street & Lakewood Boulevard
City Bellflower
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 33
Number Of Units Total 22
MLS Area RF - Bellflower South of 91 Frwy
Lot Size Units Acres
Lot Size Square Feet 32670
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 8903
Fuel Expense 8903
Trash Expense 8903
Water Sewer Expense 8903
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 27
Property Sub Type Additional Apartment
Taxes 59566
Cap Rate 6.31
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 33
Lot Size Area 0.75
Number of Buildings 2
Building Area Total 18216
Lot Size Acres 0.75
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 22
Number of Separate Electric Meters 22
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

tleeson@marcusmillichap.com

Email

Affordability Calculator

$33,159
Per Month
100%
0%
0%
Monthly Principal & Interest
$33,159
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$5,315,000 Listed Price

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9040 9042 Ramona Street, Bellflower, CA, 90706 is a Multi-Family Home for sale at $5,315,000 with 18,216 sqft and a lot size of 0.75. 9040 9042 Ramona Street is a studio with 1.0 baths and was built in 1961. The property's zip code is 90706 which is in Bellflower, CA