9816 Park StreetBellflower, CA 90706
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$10,562Discover this exceptional investment opportunity in Bellflower! This well-maintained 9-unit apartment complex, built in 1972, offers a mix of 1 and 2 bedroom units. With 6,466 sq ft of living space on a 10,083 sq ft lot, this property boasts a strong current NOI of $123,482 with potential for increased returns. Recent upgrades include a new roof (2007), full copper repipe (2011), and a new 100-gallon water heater (2022). Conveniently located near major highways and shopping centers, this turnkey property features on-site laundry and 11 parking spaces. With a 100% occupancy rate and a favorable cap rate of 5.33%, this is an ideal addition to any investment portfolio.
| 4 months ago | Price changed to $2,315,000 | |
| 4 months ago | Listing updated with changes from the MLS® | |
| 4 months ago | Status changed to Active | |
| 4 months ago | Listing first seen on site |
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