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    9421 Harvard St

    Bellflower, CA 90706
    • $1,725,000
    • STATUS: Active Under Contract
    • ON SITE: 104 Days
    • MLS #: 21-759158
    Under Contract
    UPDATED: 35 min ago
    $1,725,000
    • 11
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,416
      SQFT
    • $319
      $/SQFT
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Ratings & Info

    Description

    The subject property is a 6-unit apartment building built in 1979 located in the city of Bellflower. This asset features spacious units, individual meters for gas and electric, and a 2:1 parking ratio. Furthermore, the current rents are significantly below the current market, which presents an outstanding opportunity to add value through improving the property and increasing rents. Physical inspection will take place with an accepted offer and Buyers deposit placed in escrow.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-22T17:43:11.93. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.deserthouseseekers.com/homes/119177434
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    9421 Harvard St Bellflower, CA 90706

    • Price: $1,725,000
    • Status: Active Under Contract
    • Updated: 35 min ago
    • MLS #: 21-759158
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    5,416
    SQFT
    $319
    $/SQFT
    1979
    Built
    Neighborhood:
    Bellflower North Of 91 Frwy, S Of Alondra
    County:
    Los Angeles
    Area:
    Bellflower North Of 91 Frwy, S Of Alondra
    Property Description
    The subject property is a 6-unit apartment building built in 1979 located in the city of Bellflower. This asset features spacious units, individual meters for gas and electric, and a 2:1 parking ratio. Furthermore, the current rents are significantly below the current market, which presents an outstanding opportunity to add value through improving the property and increasing rents. Physical inspection will take place with an accepted offer and Buyers deposit placed in escrow.
    Exterior Features

    Lot Size Area 9100 Other Structures None Parking Garage CarportCarport AttachedOther Pool Description None Pool YN No Spa None Spa YN No Total Parking 12

    Interior Features

    Baths Total 6.00 Cooling Wall Unit(S) Equipment None Heating Wall Laundry Laundry Area

    Property Features

    Assessed Total Value 178024 Gross Income 95160 Gross Operating Income 92305 Like Units1 5 Like Units2 1 Net Operating Income 57673.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 34632 Type Of Units Multi-Family Year Built Source Vendor Enhanced Zoning Bfr3*

    Listing provided courtesy of Nicholas Petrosian DRE#01462598 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-22T17:43:11.93. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Zwemmer Realty Group | Keller Williams Realty
    75486 Augusta Drive
    Indian Wells CA, 92210