$ 3,995,000
-
$3,995,000
Price -
18
Bed -
14
Bath -
8,709
SqFt -
0.85
Acre
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About the Listing PB21983 - PWAUSROD
*** A RARE Opportunity to ACQUIRE a FULLY ENTITLED & APPROVED 48-unit SENIOR HOUSING DEVELOPMENT in Bellflower California. Offered together with TWO existing INCOME PRODUCING RESIDENTIAL parcels. The existing properties consist of 8-Rental units generating $ 14,540 a month / $ 174,480 yearly. Side note- Rent increases coming in a couple months. This is 2 separate parcels with 1 loan for the entire property. This is your chance to ACQUIRE a fully entitled senior housing development opportunity while benefiting from an existing income producing residential portfolio. Existing rental income provides an immediate income stream while the Buyer/Investor/Developer executes his Strategy for his Future Development with this Entire Property. Buy & Build at your Leisure to maximize terms and market. At $ 3,995,000 Sales Price with a Fully Entitled & Approved 48-units is only $ 83,229 a Door. With an estimated $ 2,150 Rents per unit conservatively for a completely Brand-New Build and all the amenities' totals $ 103,200 a month with yearly total of $ 1,238,400 yearly. Development documentation available to qualified buyers/investors/developers. *** Take a look and the Architectural plans and AERIAL Video showing the front, sides and back of this Project in the Supplement Section. A RARE & WONDERFUL OPPORTUNITY to own a Brand New 48 Unit Senior Housing Development.
Listing Highlights for 10036 Alondra
Interior Details
- Bedrooms: 18
- Bathrooms: 14 Full
- Appliances: Free-Standing Range, Refrigerator, Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Carpet,Laminate,Tile,Vinyl
- Basement:
- Other: All Bedrooms Up,All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Lawn,Landscaped,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 18
- Roof: Composition
- Others: Stucco,Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7109004005
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
10036 Alondra Bellflower, CA 90706
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