9713 Cedar, Bellflower, CA 90706

$2,750,000

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List Agent Brian Tran () HPT Realty; CoList ()

List Price
$2,750,000
Status
ACTIVE
MLS#
PW26161598
Year Built
1962
Lot Size
19,067
Lot Location
Street Level
Days on Market
6
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

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.