Ideally located only two lots off of the vibrant downtown of Bellflower Blvd. in Bellflower, California, this multifamily property offers an enticing investment opportunity, close walking proximity to dining and shopping, as well as convenient freeway access to the 91 and 605 freeways. The complex features nine units, including four 2-bedroom/1-bath, one 1-bedroom/1.5-bath, and four 1-bedroom/1-bath apartments, all supported by 14 gated parking spaces. Currently generating$13, 215in monthly income, with the potential to achieve approximately an income upside of$4, 000with modest rent adjustments,. All tenants are on a month-to-month lease, providing flexibility in management. Major updates include a new roof installed in 2007, a comprehensive copper re-pipe in 2011 with a 50-year warranty, a new 100-gallon water heater in 2022, and new windows in the majority of the units. Reach out for this opportunity today.
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The average household income in
Bellflower, CA
grew
from
$50,704
to
$52,944
in the past year. This data is an estimate based upon
23,359
households in
Bellflower, CA. The chart below presents how household income is distributed in
Bellflower, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Bellflower, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Bellflower, CA
equals
$3k+
, which is
more
than the national average.