0.26 Acres Lot
0.26 Acres Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS26203983
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1950
Lot Size 0.260 Acres
Lot Dimensions Assessor
Property Sub-Type Apartment
Property Description
The property consists of three separate buildings offering an attractive and diverse unit mix: a 3-bedroom, 2-bathroom house at the front of the property; a triplex consisting of three 1-bedroom, 1-bathroom apartments; and a newer duplex, built in 2023, consisting of two 2-bedroom, 2-bathroom units.
The two newer duplex units feature central air conditioning and loft areas accessed by retractable ladders, providing valuable additional space for storage or other flexible uses. The front house also features central air conditioning, while each of the three 1-bedroom units is equipped with a ductless split A/C system, providing air conditioning throughout all six units.
The property offers approximately 4,483 square feet of building area on an approximately 11,328-square-foot lot, along with six on-site parking spaces.
All six units are currently occupied and generate approximately $15,149 per month, or $181,788 annually, in gross scheduled rental income. Rents have not been increased in more than a year, providing potential for additional rental income, subject to applicable rent-increase laws and notice requirements.
This property presents an attractive opportunity for an investor seeking immediate cash flow with additional income potential. It may also offer future owner-occupancy potential in the front 3-bedroom residence while generating rental income from the remaining five units.
Offered at $2,549,000.
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Interior
Heating Central, Ductless
Cooling Central Air, Ductless
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned
Fence Block
Pool None
Community Features Street Lights, Sidewalks
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard, Level, Near Public Transit, Rectangular Lot
Faces South
Story 1
Entry Level One
Sewer Public Sewer
Architectural Style Modern, Traditional
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7109011005
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
