9511-9511 1/2 Flower St, Bellflower, CA 90706

9511-9511 1/2 Flower St, Bellflower, CA 90706

Bellflower, CA
$4,800,000

Property Description

INVESTMENT HIGHLIGHTS

  • Newly painted
  • Close to downtown and close access to the 91 and 605 freeways
  • Renovated units

EXECUTIVE SUMMARY

Mixed use property consisting of (10) 1 bedroom, (2) 2 bedrooms, (1) 1 bedroom house and (2) commercial units with 25 parking spaces. The property has been newly painted with 8 units renovated with Quartz countertops and remodeled showers. Some units have newer ranges and windows. All units have tile floors. Other existing units have granite countertops. The second floor apartments have vaulted ceilings. Laundry on-site. Close access to the 91 fwy and 605 fwy. Close to downtown Bellflower

Property Features

  • Sale Price: $4,800,000
  • Area Size: 8,687 Sq. Ft.
  • Land Area: 18,731 Sq. Ft.
  • Year Built: 1958
  • Listing Date: 10/25/2022
  • Units: 15
  • Current GRM: 15.15
  • Current Cap Rate: 4.60%
  • Price Per Unit: $320,000
  • Current NOI: $220,896

Lyon Stahl Investment Real Estate

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