1 of 16

Want to see this property?

9816 Park Street

Bellflower, CA 90706

– beds
– baths
– sqft
10,085 sqft lot
1972 build
– on site

Discover 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.

Listed By CRMLS_CA / Martin Marquez / eXp Realty of California Inc. / 562-888-0488

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# DW24247519 —

The Building

Year Built:

1972
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

6466.00
Building Area Units:

Square Feet
Total Number Of Units:

9
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

9
# of Separate Water Meters:

9
# of Separate Electric Meters:

9

Interior

Levels:

Two
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

Community
Laundry:

1

Location

Directions:

on park street
Latitude:

33.87814900
Longitude:

-118.12460100

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

BFR3*
Lot Features:

Walkstreet
Lot Size Area:

10085.0000
Lot Size Acres:

0.2315
Lot Size SqFt:

10085.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5544.05
Tax Tract:

1
Tax Lot:

416

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7109026018

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

On Site
Parking Spaces:

5.00
Garage Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
12/13/24 Dec 13, 2024	Price Changed	CRMLS_CA	$2,315,000	4.0%
12/11/24 Dec 11, 2024	Listed / Active	CRMLS_CA	$2,225,000
5/3/24 May 3, 2024	Price Changed	CRMLS_CA

Want a closer look?

Go see 9816 Park Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Bellflower, CA

Similar sold homes

This multifamily located in Southeast La, Bellflower, CA 90706 is currently for sale for $2,315,000. 9816 Park Street is a – square foot multifamily with – beds and – baths that has been on Estately for 6 days. 9816 Park Street is in the Southeast La neighborhood of Bellflower and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Mayfair Middle And High School and Thomas Jefferson Elementary School.

Listing Courtesy of: CRMLS_CA and eXp Realty of California Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:08 on Dec 17.

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.