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Dion Stallberg

dion@ocexcelgroup.com +1(949) 690-4106

$ 1,575,000

Est. payment | -/mo

8,023 Sqft Lot

Save

$ 1,575,000

Est. payment | -/mo

Save

8,023 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26223483

HOA Y/N No

Year Built 1963

Lot Size 8,023 Sqft

Property Sub-Type Mixed Use

Property Description

Excellent investment opportunity in the rapidly developing city of Bellflower! This well-maintained mixed-use property at 9434 Flower Street features four large 2bed/1bath residential apartments and three commercial spaces, offering a diversified income stream with attractive upside potential. Currently grossing $129,000 annually in rental income and operating at a 6.34% cap rate, the property offers the potential to achieve a 7.26% cap rate with further upgrades and rental adjustments. Several of the residential units have undergone renovations, minimizing immediate maintenance needs, while the commercial spaces provide additional income stability. Ideal for both investors and owner-users, the property offers the flexibility to occupy one of the residential units while generating income from the remaining apartments and commercial spaces, subject to tenant occupancy and applicable requirements. With strong in-place returns, multiple income sources, and an opportunity to further increase NOI without extensive capital improvements, this is an attractive opportunity for investors seeking immediate cash flow, long-term appreciation, or a place to call home while building equity.

Location

State CA

County Los Angeles

Area Rg - Bellflower North Of 91 Frwy, S Of Alondra

Zoning BFCG*

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Community Features Curbs

View Y/N No

View None

Roof Type Shingle

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7110013026

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Casey McKinley Compass 858-761-1401, DRE #02006706

NEARBY SCHOOL & BUSINESS

+1(949) 690-4106

dion@ocexcelgroup.com

344 3rd St, Beach, CA 92651, United States

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9434 Flower St Bellflower, CA 90706