About 9116 Palm St
A wonderful opportunity to own a well maintained 16 unit apartment in Bellflower. 8 units are 2 Bedroom, 1.5 Bath, appox. 875 Sqft. and 8 units are 1 Bedroom, 1 Bath, approx. 620 Sqft. 5 units have patio, 5 units have balcony/deck, and 3 units have backyard. Laundry Room has 5 washers and 4 dryers (2 stacked units) that are owned. 1 large storage/office area, approx. 500Sqft with bathroom. Gross income is approx. $27,750 per month. Gated Complex with Remote/Code Access Car Entry. 25 Parking Spaces. Newer iron fence, Newer concrete parking lot, Newer water heater. Palm Street Park is located across the street with playgrounds for kids and numerous picnic tables. Perfect for gatherings and enjoying the outdoors. Conveniently located restaurants, banks, schools, shopping centers, parks, and more! Easy access to the 91, 605, 710 Freeways.
Features of 9116 Palm St
| MLS® # | OC24059675MR |
|---|---|
| Price | $4,198,000 |
| Units | 16 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 12,704 |
| Acres | 0.45 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 9116 Palm St |
|---|---|
| Area | Bellflower South of 91 Frwy |
| City | BELLFLOWER |
| County | Los Angeles |
| State | CA |
| Zip Code | 90706 |
Amenities
| Parking Spaces | 25 |
|---|---|
| Garages | Assigned, Gated, Parking Space, Uncovered |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Range |
|---|---|
| Heating | Natural Gas, Wall |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Windows | Screens, Window Blinds |
|---|
Additional Information
| Date Listed | March 26th, 2024 |
|---|---|
| Days on Market | 53 |
| Zoning | BFR3* |
| Foreclosure | No |
| RE / Bank Owned | No |
| Actual Annual Gross Rent | $22,269 |
| Net Operating Income | $297,000 |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $15,350 |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $12,010 |
Listing Details
| Agent | Kevin Liang (01980916) |
|---|---|
| Office | KW Spectrum Properties |