$1,350,000
$1,435,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
5,950 Sqft Lot
SOLD DATE : 11/28/2023
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV23184542
Sold Date 11/28/23
HOA Y/N No
Year Built 1971
Lot Size 5,950 Sqft
Property Description
We are pleased to offer for sale this 4-Unit multi-family residential investment property located in the city of Bellflower. This property boasts an ideal unit mix designed to cater to a diverse tenant base. You'll find 1 spacious 3-bedroom/2-bathroom unit, 2 comfortable 2-bedroom/1-bathroom units, and 1 cozy 1-bedroom/1-bathroom unit. The versatile unit configuration is perfect for attracting a wide range of tenants, ensuring steady rental income. Tenants pay for their own electricity and gas while the owner pays for water and trash. Tenants enjoy the convenience of on-site carport parking, providing a safe and secure space for their vehicles. Additionally, an on-site laundry facility adds a touch of luxury, making this property an even more attractive choice for prospective renters. Nestled in the vibrant city of Bellflower, this property offers proximity to essential amenities, entertainment, and transportation options. Whether you're a seasoned investor or looking to dip your toes into the world of real estate, this property offers incredible potential for cash flow and long-term appreciation. With Bellflower's steady demand for rental housing, this is a gem to add to your portfolio.
Location
State CA
County Los Angeles
Area Rh - Bellflower N Of Alondra, E Of Bellflower
Zoning BFR1*
Interior
Fireplace No
Laundry Common Area, Inside
Exterior
Carport Spaces 7
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6274006029
Energy Description 660.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Matt Mirhadi • Preferred PropertyGroup Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "