9209 Artesia Blvd, BELLFLOWER, CA

$1,850,000

Previous Next

12

Beds

4,610

Square feet

0.29

Acres

About 9209 Artesia Blvd

Attention investors! This is an extraordinary opportunity to acquire a versatile Commercial/Residential Income Property in the highly desirable City of Bellflower. You won't want to miss out on this must-see investment property, featuring 6 recently renovated units. Each unit has undergone meticulous rehab, including brand new kitchen cabinets, updated laminate flooring, upgraded recessed lighting, modern dual pane windows, and stylish bathrooms. The property offers a variety of unit configurations, including (4) spacious 2-bedroom/1-bathroom units, (1) 3-bedroom/2-bathroom unit, and 1 charming 1-bedroom/1-bathroom unit at the front. 7 carport parking spots and 2 car garages, with one currently rented as a storage unit. Additional renovations have been done to this property, including a new 30-year roof installed in 2022, a remote-controlled gate, new dual pane windows and doors, a multi-unit mailbox, and upgraded electrical, plumbing, and heating systems. Each unit is equipped with ceiling fans, modern kitchen cabinets, stylish bathroom showers, and sinks. Tenants are responsible for gas and electric, while the landlord covers water and trash. With all tenants on 12-month leases, you can expect stability and consistent income. Conveniently located in the heart of LA and Orange County, this property offers easy access to major freeways, (5, 91, 105, 710 and 605), and relatively close to Cerritos, Lakewood, and Downey malls, LAX, and more. What's more, the city of Bellflower does not have rent control, providing investors with even greater potential for return on investment. Don't hesitate, act quickly to secure this incredible opportunity. Remember, opportunities like this are rare. Don't miss your chance to own this remarkable property.

Features of 9209 Artesia Blvd

MLS® # RS24008638MR
Price $1,850,000
Units 6
Bedrooms 12
Square Footage 4,610
Acres 0.29
Year Built 1951
Type Residential Income
Style Contemporary
Status Active

Community Information

Address 9209 Artesia Blvd
Area Bellflower South of 91 Frwy
City BELLFLOWER
County Los Angeles
State CA
Zip Code 90706

Amenities

Parking Spaces 12
# of Garages 2
Garages Assigned
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Wall
Cooling None
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Frame, Stucco
Windows Double Pane Windows
Roof Composition, Shingle
Construction Frame, Stucco

Additional Information

Date Listed January 15th, 2024
Days on Market 124
Zoning BFM1
Foreclosure No
RE / Bank Owned No
Cap Rate 6.87
Gross Operating Income $159,600
Net Operating Income $127,616

Unit 1 Details

Beds 1
Rent $1,200

Unit 2 Details

Beds 3
Rent $2,900

Unit 3 Details

Beds 2
Rent $2,300

Unit 4 Details

Beds 2
Rent $2,300

Unit 5 Details

Beds 2
Rent $2,300

Unit 6 Details

Beds 2
Rent $2,300

Listing Details

AgentTony Lopez (01752038)
OfficeBerkshire Hathaway HomeService

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?