Listed by Stream Realty Partners Greater L.A.
$4,398,000
16 Units in Bellflower
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,012
Units 24
Cap Rate 5.58%
NOI $245,406
Tenancy Multi
Pro-Forma Cap Rate 6.79%
Pro-Forma NOI $298,815
Price per SqFt $399
Year Built 1967
Year Renovated 2025
Lot Size (SqFt) 17,425
Parking Spaces 24 spaces
Parking per 1,000 SqFt 2.18
Sale Condition For sale by owner
Multifamily | 24 Units | $274,875/unit
Marketing description
• 16-unit multifamily property in Bellflower, CA
• No Rent Control (Subject only to CA – AB 1482)
• Mix: (8) 2 Bed / 1 Bath & (8) 1 Bed / 1 Bath Units
• 24 Total Parking Spaces (22 Open & 2 Covered Spaces)
• Large Patios & Balconies
• Storage Lockers for all tenants, and a Large Laundry Facility
• 2 minute walk to Downtown Bellflower
Investment highlights
• Over $500,000+ in Capital Improvements made
• All new Electrical Sub Panels
• New Roof
• All new Vinyl Windows throughout
• Updated Landscaping and Irrigation
• New Euro/Modern Cabinets in all Renovated Units
• Washer/Dryers included in select units
• New Exterior Paint
• Significant Wood and Stucco upgrades completed
• SB 721 work completed with all new Balconies
Listing Contacts
Listed by Stream Realty Partners Greater L.A.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$245,406.00
$20,450.50/mo
Valuation Metrics
0
DSCR
5.58%
Cap Rate
5.58%
ROI
Map
Zoning
R-3 ResidentialMulti FamilyMultiple Residential
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View all 43 uses
View all 43 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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