9713 Cedar, Bellflower, CA 90706

$2,750,000

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List Price
$2,750,000
Status
ACTIVE
MLS#
PW26161598
Year Built
1962
Lot Size
19,067
Acres
0.44
Lot Location
Street Level
Days on Market
3
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Located in the heart of Bellflower, this Multiple Residential property boats 6 Units with 4 separate structures on the huge 19,633 square foot lot: the fresh paint and remodeled Front House with 3-bedroom, 1-bathroom + office; Two separate units each with 2-bedroom, 1-bathroom units; and a cozy 1-bedroom, 1-bathroom unit * They are in well-kept condition along with 2-car detached garage for additional rental income * Large & long cement driveway and iron security gate with remote controls are for tenant convenience & privacy * On-site community laundry room is also for additional rental income * Zoned BFR3 * This property has a potential Value-Add * There are several other properties have been redeveloped successfully into 12 -Unit complexes in the same area where rental demand is high * It is just about in a few minutes driving to Freeway 91 for going to Los Angles or to Orange County * The front house is ready for rent now with a pro forma income of $3,200 per month * A great investment opportunity for investors or developers!

Additional Information

Water
Public
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Brian Tran (BRIANTRAN3154@GMAIL.COM) from Listing Office: HPT Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.