Bought with Chris Keramati
$3,765,000
$3,850,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
9559 Flower ST Bellflower, CA 90706
0.43 Acres Lot
Key Details
Sold Price $3,765,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW26039950
Sold Date 06/26/26
Year Built 1962
Lot Size 0.430 Acres
Source California Regional MLS
Property Description
We are pleased to present the Brownstone Apartments, offered for sale for the first time in over 30 years and located in a strong Bellflower submarket. This well-maintained property features an ideal unit mix of one- and two-bedroom units, along with a permitted studio ADU. The all-electric property has undergone significant capital improvements, including a new roof, new electrical subpanels, new dual-pane windows, new asphalt, updated walkways and balconies, and completed SB 721 compliance. With a cap rate exceeding 7.5% on market rents and over 25% upside in rental income, the Brownstone Apartments offer investors the opportunity to acquire a clean, well-maintained asset with substantial rental upside.
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Interior
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 7106001021
Special Listing Condition Not Applicable
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