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28961252
28958842

17100 Downey Avenue, Bellflower, CA 90706

MB
CA 01316702
Matthews
Listed by Matthews
$6,750,000
170 days on market
Updated 3 days ago

17100 Downey Avenue

Details
APN 7107004005
Property Type Multifamily
Sub Type Apartment Building
Square Footage 18,200
Net Rentable (SqFt) 18,200
Units 33
Cap Rate 6.16%
NOI $415,509
Occupancy 100%
Pro-Forma Cap Rate 6.5%
Pro-Forma NOI $438,869
Price per SqFt $371
Broker Co-Op Yes
Class B
Year Built 1972
Year Renovated 2025
Buildings 1
Stories 2
Acreage 0.580
Zoning Assessor
Parking Spaces spaces
Investment Type Stabilized
Ownership Fee

Stabilized | 6.2% CAP! | 22 Units | Bellflower

Marketing description

We are pleased to present the Casa Segura Apartments, a well-located multifamily community in the heart of Bellflower, California. Built in 1972, this 22-unit property offers a rare combination of strong in-place operations and a substantial and noteworthy renovation. The community is largely comprised of large two bedroom units, many paired with garage parking, supporting durable tenant demand. Property features include copper plumbing, individually metered gas and electricity, a leased laundry facility, pitched composition roofing approximately 8 years old, an interior courtyard and pool, and newly paved asphalt throughout. The secured, gated environment and robust parking mix of 21 garages plus 12 assigned spaces further elevate resident appeal. The unit features include gas cooking, gas wall heating, wall mounted air conditioning, new quartz countertops, new vinyl plan flooring, cabinet hardware, new bathroom vanities and reglazed showers. The multifamily strategically positioned along Downey Ave, a key Bellflower thoroughfare with immediate access to the 91 Freeway, streamlining commutes throughout Southeast Los Angeles County and beyond. Bellflowers tight-knit, multicultural community and active commercial scenes, including retail, healthcare, and neighborhood serving businesses, reinforce ongoing rental strength.

Investment highlights

  • 22-Unit Multifamily Opportunity in Bellflower with Strong In-Place Income and Excellent Curb Appeal

  • Majority Large Two-Bedroom Units, Many with Garages, Supporting Durable Tenant Demand and Long-Term Occupancy

  • Substantial and Noteworthy Renovation in 2025, Featuring Copper Plumbing, New Double Pane Vinyl Windows, and Beautifully Landscaping. The Pitched Composition Roofing is approximately 8 years old, and new asphalt completed throughout

  • Units Include Gas Cooking, Gas Wall Heating, Wall-Mounted A/C, and the Interiors Have Been Renovated with Quartz Counters and New Vinyl Plank Flooring, Cabinet Hardware, New Bathroom vanities and reglazed showers

  • Individually Metered Gas and Electricity, Reducing Owner Utility Burden and Enhancing Operating Efficiency

  • Lifestyle-Oriented Community with a Courtyard Pool and Private Interior Courtyard Layout

  • Secure Resident Environment with Two Controlled-Access Gates and Gated Garage Access

  • Excellent Parking Offering 21 Garages and 12 Assigned Open Spaces, a Highly Desirable Amenity in This Submarket

  • Prime Downey Ave Frontage on a Major Thoroughfare Just Off the 91 Freeway, Delivering Exceptional Regional Connectivity

  • Located in a High-Demand Bellflower Rental Market Known for Community Charm, Commercial Vitality, and a History of Low Vacancy
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Listing Contacts

MB
CA 01316702
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$415,509.00
$34,625.75/mo

Valuation Metrics

0
DSCR
6.16%
Cap Rate
6.16%
ROI

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Additional Information

Name
David Harrington
License
02168060 (CA)
Title
Broker of Record
Name
Mark Bridge
License
01316702
Brokerage
Matthews REIS
Title
Executive Vice President
Brokerage Address
3161 Michelson Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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