9527 Los Angeles St. is a fully occupied 4-unit multifamily property located in a quiet residential pocket of Bellflower, just northwest of the 605 and 91 freeway interchange. This well-maintained property offers an attractive value-add opportunity in a strong rental submarket of Southern California. Situated on a 6,909 SF rectangular… Read More lot, the property consists of one single-story front house and a two-story triplex in the rear, totaling approximately 3,406 rentable square feet. Originally built in 1930, the building features a desirable unit mix of four 2-bedroom/1-bathroom units, including a standalone front unit that adds to tenant appeal. The property is currently 100% occupied, with rents approximately 50% below market, providing a clear path for rental upside. Based on updated market rents, the asset has the potential to achieve a pro forma CAP rate of 5.88%, making it a compelling investment in a supply-constrained rental market. (Buyers to perform their own due diligence regarding rent regulations.) Ideally located near Alondra Blvd. and Bellflower Blvd., the property offers residents easy access to local shopping, restaurants, schools, and major employment centers, as well as excellent freeway connectivity. Read Less
Property listed by Colliers International Greater Los Angel, Edward Pan 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
8
Square Ft.
3,405
Lot Size
0.16 Acres
Year Built
1930
MLS Number
26661495
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1930, Living area: 3405.0, 2 buildings, 2 stories, Levels: One, Two
Heating
ForcedAir
Income
Gross Income: $360, Net Operating Income: $49,203
Lot
0.1586 acres
Parking
6 total parking spaces, Carport, Driveway
Taxes
Parcel Number: 7106010015, Zoning: BFR3*
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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