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9137 Park Street
$2,550,000

Unidades

7

Tamaño del Edificio

8,628 sf

Tamaño del Lote

18,842 sf

Estado

Vendida

Agente del Listado: Kenny Stevens, Compass

Bellflower

9137 Park Street

Sobre Esta Propiedad

9137 Park is a sprawling townhouse complex located 1 mile west of Downtown Bellflower that features seven value-add townhouse-style units not subject to local rent control. These townhomes fall under State of California rent control, which allows for an annual rent increase of 5% + CPI (currently 8.8%). The property presents approx. 27% rental upside compared to renovated townhomes in the area, and is offered at $296 per foot, which at the list price it stabilizes at a 6.07% CAP rate and 11.49 GRM. Residing on an 18,842 SF lot, 9137 Park features an attractive unit mix comprising of (1) 3-bdrm. & 2.5-bath single-family townhome and (6) 2-bdrm. townhouse-style units. Each unit features a back patio, a one-car garage with a side-by-side washer and dryer, and an uncovered parking space. Please note, there may be a possibility for a future owner to add an ADU or two (buyer to verify).

Composición de Unidades

  • 1 unidad · 3rec / 2ba
  • 1 unidad · 2rec / 1ba

Vecindario

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Vendida Por

$2,550,000

Agente de Listado

Kenny Stevens

Compass