9209 Artesia Boulevard, Bellflower, CA 90706
9209 Artesia Boulevard, Bellflower, CA 90706
9209 Artesia Boulevard, Bellflower, CA 90706
9
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$1,850,000
Est. payment /mo
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9 Beds
5 Baths
0.29 Acres Lot
New

9209 Artesia Boulevard Bellflower, CA 90706

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26085095

Bedrooms 9

Lot Size 0.291 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Attention Investors! Rare 6-unit income property in Bellflower - No Rent Control! Fully renovated and turnkey with a 6.65% cap rate and $123,115 NOI. Unit mix includes (4) 2BD/1BA, (1) 3BD/2BA, and (1) 1BD/1BA. Every unit has been meticulously rehabbed with new kitchen cabinets, laminate flooring, recessed lighting, dual-pane windows, and updated bathrooms. Major upgrades include a new 30-year roof (2022), upgraded electrical, plumbing, and heating systems, a remote-controlled security gate, and a multi-unit mailbox. Tenants pay for gas and electricity. 9 parking spaces (7 covered carports + 2-car garage), with one garage bay rented for additional income. All tenants are month-to-month with pro forma upside. Ideally located at the LA/Orange County border with quick access to the 5, 91, 105, 605, and 710 freeways. Close to Cerritos, Lakewood, and Downey. Buyer to cooperate with Seller's 1031 Exchange at no cost. Don't miss this one!

Location

State CA

County Los Angeles

Zoning Assessor

Direction On Artesia Blvd., South of the 91 between Lakewood Blvd., and Clarke Avenue

Interior

Cooling Attic Fan, Other/Remarks

Fireplace No

Exterior

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 7162017032

Acceptable Financing Conventional, Exchange

Listing Terms Conventional, Exchange

MLS Router / San Diego MLS
Listed by Tony Lopez, DRE#01752038 Coldwell Banker Envision 

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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9209 Artesia Boulevard

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