Bellflower, 90706

About This Property

This investment property is a nice looking building in a great location. There is a large 3 bedroom 2.5 bath home with double garage on back of the lot. Then there are 7 - 2 bedroom 1.5 bath Townhouse style units, 1 - 1 bedroom / 1 bath unit plus a non-conforming Studio, there are 10 parking spaces plus 2 additional single car garages. The original long-term owner managed the property himself and got to know the tenants personally. The rents have not been raised in many years. The rents are extremely under market. The units need significant rehab. One of the 2 bedroom units has just been remodeled. Will be renting the remodeled unit at market rent. This is an excellent opportunity to purchase an investment property and build up equity through rehab. The building is all electric and have separate electric meters, there are 2 gas meters for the hot water heaters.

Unit Mix

• 1 unit · 3bd / 2ba
• 7 units · 2bd / 1ba
• 1 unit · 1bd / 1ba
• 1 unit · 0bd / 1ba

Neighborhood

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