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9719 Belmont Street, Bellflower, CA 90706
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9719 Belmont Street
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  • MLS#: DW25106296 ( Apartment )
  • Street Address: 9719 Belmont Street
  • Viewed: 8
  • Price: $2,899,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1935
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • County: LOS ANGELES
  • City: Bellflower
  • Zipcode: 90706
  • Provided by: G & V Options & Solutions Inc
  • Contact: Giomar Giomar
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Great Investment Opportunity 97199725 Belmont St, Bellflower, CA 90706 Dont miss this rare opportunity to acquire a well maintained 8 unit multi family complex in the heart of Bellflower. Located within walking distance to downtown, this property is ideally positioned in a high demand rental area with no local rent control, offering investors strong in place cash flow and value add potential. The property consists of: (5) One bedroom units (2) Two bedroom units (1) Three bedroom unit Total current monthly rental income is $16,852, not including additional potential income from carport parking and on site coin operated laundry. Additional Features: *New roof installed in 2022 *Beautiful one story bungalow style design *Dedicated carport parking (not included in leasescan be rented separately for added income) *All tenants are in a month to month contracts *On site laundry facility generating extra revenue *Low maintenance landscaping and overall well kept condition *Convenient location just minutes from shopping, dining, and major freeways This turnkey investment offers a stable tenant base and consistent income, making it ideal for both new and experienced investors looking to expand their portfolio with a solid Southern California asset. Estimated Building 1 SqFt: 4,096 / Estimated Bulding 2 SqFt 1540 Buyer and Buyer Agent are responsible to verify all information.
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Features
Assessments
  1. None
Building Area Total
  1. 5636.00
Carport Spaces
  1. 6.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Garage Rental Rate
  1. 100.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 720.00
Insurance Expense
  1. 0.00
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Community
Laundry Income
  1. 6000.00
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 196859.00
Parcel Number
  1. 7106023021
Parking Features
  1. Carport
Pool Features
  1. None
Postalcodeplus4
  1. 5316
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 438521780:CRM
Taxblock
  1. 10
Tenant Pays
  1. All Utilities
  2. Cable TV
  3. Electricity
  4. Gas
  5. Parking Fee
Totalactualrent
  1. 16852.00
Totalexpenses
  1. 5435.00
Trash Expense
  1. 2975.10
Water Sewer Expense
  1. 1620.00
Water Source
  1. Public
Year Built
  1. 1935
Year Built Source
  1. Assessor
Zoning
  1. BFR3*