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    9713 Cedar Street

    Bellflower, CA 90706
    • $2,150,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: RS21028344
    UPDATED: 50 min ago
    $2,150,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,334
      SQFT
    • $403
      $/SQFT
    Neighborhood:
    RF - Bellflower South of 91 Frwy
    Type:
    Multi-Family
    Built:
    1962
    County:
    Los Angeles
    Area:
    RF - Bellflower South of 91 Frwy

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    Description

    Great investment property in the heart of new developments in the south part of Downtown Bellflower. Five of the six units have recent interior upgrades including new kitchens with granite counters and vinyl plank floors. Property is zoned R3 which allows a maximum of nine units plus possible Accessory Dwelling Units. Buyers need to verify with the City of Bellflower if additional units are allowed.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T21:29:50.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/114234665
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    9713 Cedar Street Bellflower, CA 90706

    • Price: $2,150,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: RS21028344
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    5,334
    SQFT
    $403
    $/SQFT
    1962
    Built
    Neighborhood:
    RF - Bellflower South of 91 Frwy
    County:
    Los Angeles
    Area:
    RF - Bellflower South of 91 Frwy
    Property Description
    Great investment property in the heart of new developments in the south part of Downtown Bellflower. Five of the six units have recent interior upgrades including new kitchens with granite counters and vinyl plank floors. Property is zoned R3 which allows a maximum of nine units plus possible Accessory Dwelling Units. Buyers need to verify with the City of Bellflower if additional units are allowed.
    Exterior Features

    Carport Spaces 1 Carport YN Yes Construction Materials Stucco Fencing BlockChain LinkWrought Iron Foundation Details Slab Lot Features 11-15 Units/AcreLevelNear Public TransitRectangular LotSprinkler System Number Of Separate Electric Meters 6 Open Parking Spaces 8 Parking Total 11 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No

    Interior Features

    Common Walls 1 Common WallNo One AboveNo One Below Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Vinyl Heating Wall Furnace Heating YN Yes Interior Features Granite CountersAll Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5 Common Interest None Community Features CurbsStorm Drain(S)Street LightsSuburbanSidewalks Electric Expense 1000 Fuel Expense 360 Garage YN Yes Gross Income 255 Gross Scheduled Income 143325 Insurance Expense 1600 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanOwner May Carry Net Operating Income 107410 New Construction YN No New Taxes Expense 26875 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Operating Expense 35915 Possession Close Of Escrow Rent Control YN No Security Features Security Gate Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 2400 Utilities Electricity ConnectedSewer ConnectedWater ConnectedOverhead Utilities Water Sewer Expense 2400 Water Source Private Zoning Bfr3*

    Listing provided courtesy of Art Olivier of Cogburn-Miller Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T21:29:50.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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