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JABEZ REALTY
14534 Bellflower Blvd., Bellflower, CA 90706
- $1,545,000
Listed by Michael Arp, from Morgan Skenderian
(If provided) CoList: from
- List Price
- $1,545,000
- Price Change
- ▼ $50,000 1791424193
- MLS#
- CRPW26190870
- Status
- ACTIVE
- Lot Size
- 5,025
- Listing Area
- 699 - Not Defined
Property Description
The Bellflower Blvd 4-plex presents a rare owner user or investor opportunity to acquire a renovated 4-plex in Bellflower with stable tenants while still having realistic rental upside. The structure was built in 1971, measures 4,130 square feet and sits atop a 5,025 square foot lot. The subject property boasts a desirable unit mix of (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath, and (1) 1 bedroom 1 bath apartments. All apartments have been renovated in the past few years with updates including new windows, white shaker cabinets, quartz countertops (kitchens and bathrooms), plank vinyl flooring, and new appliances. Tenants enjoy separately metered utilities, an onsite laundry room and assigned carport and open parking spaces. The 4-plex is located in a commuter friendly location with easy access to the 605, 105 and 91 freeways, connecting tenants to major employment hubs throughout the broader Los Angeles and Long Beach metro regions. Cap rate and GRM are based on the year 1 income which includes the allowable rental increases.
Additional Information
- Cooling System
- Window / Wall Unit
- Energy Features
- Energy Star Windows/ Doors
- Floor Covering
- Laminate
- Foundation
- Concrete Slab
- Garage Parking
- Carport
- Heating System
- Forced Air, Wall Furnace
- Laundry Facilities
- Washer/Dryer - Leased, Community Facility
- Lot Description
- Grade - Level
- Lot Size
- 5,025
- Neighborhood
- 699 - Not Defined
- Numberof Units
- 4
- Pool Description
- 31, None
- Roof
- Composition
- Unincorporated Yn
- Yes
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than JABEZ REALTY are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
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