$1,275,000
$1,300,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
9527 Los Angeles Street Bellflower, CA 90706
4 Beds
3,405 SqFt
Key Details
Sold Price $1,275,000
Property Type Single Family Home
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 3,405 sqft
Price per Sqft $374
MLS Listing ID CL26661495
Sold Date 06/10/26
Bedrooms 4
HOA Y/N No
Year Built 1930
Lot Size 6,910 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
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 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.
Location
State CA
County Los Angeles
Zoning BFR3*
Interior
Heating Forced Air
Fireplace No
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 7106010015
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Bought with KerieEdmead