Bellflower, CA 90706 9209 Artesia Boulevard

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Presented By: Tony Lopez with Berkshire Hathaway HomeService; 562-762-7403
  • MLS# RS23100708
  • 06/07/2023
  • Request Tour
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  • FootageSQFT • 4,610

Home Details

Attention all investors! Don't miss out on this remarkable opportunity to own a Commercial/Residential Income Property in the City of Bellflower. This investment property offers 6 units recently remodeled. Each unit has been meticulously rehabbed from top to bottom, with new kitchen cabinets, flooring, lighting, windows, and bathrooms. 4 units offer 2 bedrooms and 1 bathroom; there is a larger 3 bedrooms/2 bathroom unit and a 1-bedroom/1 bath unit in the front. There are 7 carport parking spots and 2 garages currently rented as storage units. Tenants are responsible for their utilities, such as Gas and Electric, landlord pays for water and trash. All tenants are on a 12-month lease. These units have been extensively renovated with a brand new 30-year roof installed in 2022, a brand-new remote-controlled gate, new windows and doors throughout, a new mailbox, new electrical, plumbing, heating, ceiling fans, kitchen cabinets, bathroom showers, and sinks. The storefront has been beautifully renovated as a 1-bedroom residential unit. Located in the heart of LA and Orange County, this property is uniquely situated for an easy commute either way. Close to Cerritos, Lakewood, Downey, LAX, and all major transportation hubs in Southern California. Plus, there is no rent control in the city of Bellflower. Don't let this opportunity pass you by! Act fast and secure your investment today. Remember, here today, gone tomorrow!
Presented By: Tony Lopez with Berkshire Hathaway HomeService; 562-762-7403

Interior Features for 9209 Artesia Boulevard

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside, SeeRemarks
Street SuffixBoulevard
Total Stories1

Other Rooms

Entry Level1

General for 9209 Artesia Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeCommercial
Cap Rate6.87
Carport Spaces7.0
Carport Y/NYes
CityBellflower
CoolingNone
CountyLos Angeles
Current FinancingPrivate
Days on Market326
DirectionsImmediately South of the 91 Freeway, between Lakewood Blvd., and Clark Avenue.
ElectricStandard
Electric Expense0.0
Garage Y/NNo
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2616.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan, Conventional, Submit
Lot Size Square Feet12664.0
MLS AreaRF - Bellflower South of 91 Frwy
MobileHomeRemainsYNNo
Net Operating Income137444.0
New ConstructionNo
Number of Units Leased6
Occupancy DescriptionTenant
Open Parking Spaces3.0
Operating Expense26956.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition, Mixed, Reflective, Shingle
Security FeaturesCarbonMonoxideDetectors, SecurityGate, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameArtesia
Tax Annual Amount21250.0
Tax Year2022
Total Units6
Trash Expense1970.0
UtilitiesSewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense1120.0
Waterfront Y/NNo
Year Built1951
Year Built SourceAssessor
ZoningBFM1

Exterior for 9209 Artesia Boulevard

Building Area Total4610.0
Crops Included Y/NNo
FencingBrick, Partial
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre, Level, NoLandscaping, NearPublicTransit, RectangularLot
Lot Size Acres0.2907
Lot Size Area12664.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
SpaNo
Total Parking10.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,850,000
MLS#RS23100708
List Date 06/07/2023
Property Type Commercial
Phone 714.964.3311
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