$ 3,850,000
-
$3,850,000
Price -
0
Bed -
0
Bath -
11,869
SqFt
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About the Listing PB7936 - PKERACHR
We are pleased to present the Brownstone Apartments, offered for sale for the first time in over 30 years and located in a strong Bellflower submarket. This well-maintained property features an ideal unit mix of one- and two-bedroom units, along with a permitted studio ADU. The all-electric property has undergone significant capital improvements, including a new roof, new electrical subpanels, new dual-pane windows, new asphalt, updated walkways and balconies, and completed SB 721 compliance. With a cap rate exceeding 7.5% on market rents and over 25% upside in rental income, the Brownstone Apartments offer investors the opportunity to acquire a clean, well-maintained asset with substantial rental upside.
Listing Highlights
Status
Active
Days on Site
38
Property Type
Multi-Family
MLS ®
PW26039950
Year Built
1962
Total Square Footage
11,869
Lot/Acreage
0.43
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Irregular Lot,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7106001021
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
9559 Flower St Bellflower, CA 90706
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