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9713 Cedar
MultiFamily
$2,750,000

Bedrooms

0

Bathrooms

0

Square Feet

0

Status

Active

Bellflower

9713 Cedar

About This Property

Located in the heart of Bellflower, this Multiple Residential property boats 6 Units with 4 separate structures on the huge 19,633 square foot lot: the fresh paint and remodeled Front House with 3-bedroom, 1-bathroom + office; Two separate units each with 2-bedroom, 1-bathroom units; and a cozy 1-bedroom, 1-bathroom unit * They are in well-kept condition along with 2-car detached garage for additional rental income * Large & long cement driveway and iron security gate with remote controls are for tenant convenience & privacy * On-site community laundry room is also for additional rental income * Zoned BFR3 * This property has a potential Value-Add * There are several other properties have been redeveloped successfully into 12 -Unit complexes in the same area where rental demand is high * It is just about in a few minutes driving to Freeway 91 for going to Los Angles or to Orange County * The front house is ready for rent now with a pro forma income of $3,200 per month * A great investment opportunity for investors or developers!

Neighborhood

This property is located in Bellflower. Want to learn more about the area?

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Listing courtesy of HPT Realty

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$2,750,000

Est. Monthly Payment

$17,572/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Brian Tran

HPT Realty