9816 Park Street, Property Listing: MLS® #DW24247519

Discover this exceptional investment opportunity in Bellflower! This well-maintained 9-unit apartment complex, built in 1972, offers a mix of 1 and 2 bedroom units. With 6,466 sq ft of living space on a 10,083 sq ft lot, this property boasts a strong current NOI of $123,482 with potential for increased returns. Recent upgrades include a new roof (2007), full copper repipe (2011), and a new 100-gallon water heater (2022). Conveniently located near major highways and shopping centers, this turnkey property features on-site laundry and 11 parking spaces. With a 100% occupancy rate and a favorable cap rate of 5.33%, this is an ideal addition to any investment portfolio.

9816 Park Street, Property Listing: MLS® #DW24247519 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: DW24247519
  • 9816 Park Street
  • , CA 90706
  • $2,315,000
  • 0.23 Acres
  • Office: Exp Realty Of California Inc.

Discover this exceptional investment opportunity in Bellflower! This well-maintained 9-unit apartment complex, built in 1972, offers a mix of 1 and 2 bedroom units. With 6,466 sq ft of living space on a 10,083 sq ft lot, this property boasts a strong current NOI of $123,482 with potential for increased returns. Recent upgrades include a new roof (2007), full copper repipe (2011), and a new 100-gallon water heater (2022). Conveniently located near major highways and shopping centers, this turnkey property features on-site laundry and 11 parking spaces. With a 100% occupancy rate and a favorable cap rate of 5.33%, this is an ideal addition to any investment portfolio.

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Essential Information

  • MLS® #DW24247519
  • Listing Price$2,315,000
  • Original Listing Price$2,225,000
  • Date ListedDecember 11th, 2024
  • Days on Market4
  • Bathrooms0.00
  • Acres0.23
  • Lot Sq.Ft.10,085
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address9816 Park Street
  • AreaBELLFLOWER (90706)
  • CountyLos Angeles
  • StateCA
  • Zip Code90706

Amenities

  • PoolN/K

Interior

  • CoolingWall/Window
  • # of Stories2

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on May 7th, 2025 at 2:23am PDT.