Property Detail

Description

5-Unit Investment Opportunity󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂁󠂠󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂀󠂋 in Bellflower $1,450,000 Excellent opportunity to acquire a well-maintained, low-maintenance 5-unit income property located at 9745 Maple St., Bellflower. The property consists of approximately 2,720 square feet of building area on a 4,315-square-foot lot and currently generates $9,100 per month / $109,200 annually in gross rental income. The property features a desirable unit mix consisting of one 3-bedroom unit, one 2-bedroom unit, and three 1-bedroom units. Current monthly rents are: 3 Bedroom $2,000 2 Bedroom $2,000 Three 1 Bedrooms $1,700 each All five units were remodeled in 2023 and feature individual split-system air conditioning. The property also has a newer electrical panel. Tenants pay their own gas and electricity, helping to keep owner-paid utility expenses lower. The property is conveniently located within walking distance of shopping, dining, and everyday services, with easy access to major freeways and surrounding commercial and employment areas. Parking is available on the street; the property does not have on-site parking. Portions of two residential units incorporate areas that were formerly used as office space. Buyer is advised to independently verify permits, square footage, unit configurations, parking requirements, and permitted use with the City of Bellflower. Offered at $1,450,000, the property has a current Gross Rent Multiplier (GRM) of approximately 13.28 based on existing rents. An attractive opportunity for an investor seeking a remodeled, income-producing multifamily property in a convenient Bellflower locat