$1,850,000
For Sale

9209 Artesia Boulevard

Bellflower, CA 90706
0.29 acres | #RS24168855
Listing OfficeBerkshire Hathaway HomeService
Browse 11 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Attention investors! This is an extraordinary opportunity to acquire a versatile Commercial/Residential Income Property in the highly desirable City of Bellflower. You won't want to miss out on this must-see investment property, featuring 6 recently renovated units. Each unit has undergone meticulous rehab, including brand new kitchen cabinets, updated laminate flooring, upgraded recessed lighting, modern dual pane windows, and stylish bathrooms. The property offers a variety of unit configurations, including (4) spacious 2-bedroom/1-bathroom units, (1) 3-bedroom/2-bathroom unit, and 1 charming 1-bedroom/1-bathroom unit at the front. 7 carport parking spots and 2 car garages, with one currently rented as a storage unit. Additional renovations have been done to this property, including a new 30-year roof installed in 2022, a remote-controlled gate, new dual pane windows and doors, a multi-unit mailbox, and upgraded electrical, plumbing, and heating systems. Each unit is equipped with ceiling fans, modern kitchen cabinets, stylish bathroom showers, and sinks. Tenants are responsible for gas and electric, while the landlord covers water and trash. With all tenants on 12-month leases, you can expect stability and consistent income. Conveniently located in the heart of LA and Orange County, this property offers easy access to major freeways, (5, 91, 105, 710 and 605), and relatively close to Cerritos, Lakewood, and Downey malls, LAX, and more. What's more, the city of Bellflower does not have rent control, providing investors with even greater potential for return on investment. Don't hesitate, act quickly to secure this incredible opportunity. Remember, opportunities like this are rare. Don't miss your chance to own this remarkable property.

  • Property Details
      • InteriorBlockWalls, CeilingFans, GraniteCounters, HighCeilings, RecessedLighting, Storage, AllBedroomsDown
      • Lot DescriptionSixToTenUnitsAcre, Level, NoLandscaping, NearPublicTransit, RectangularLot
      • Utility FeaturesSewerConnected, WaterConnected
      • FoundationCombination, Raised, Slab
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,850,000
      • MLS #RS24168855
      • MLS #RS24168855
      • Property SubtypeMixedUse
      • Exterior MaterialsAwnings
      • Taxes Annual$21,250
      • Cost1850000
      • Acres0.2907
      • Utility SourcePublic
      • Year Built1951
      • Stories1
      • Parking Spaces2

Location

Anthony ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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