Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

12024 Bellflower Blvd 15 Unit Apartment Building $6,300,000 ($420,000/Unit) Downey, CA 90242

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Parking spaces are large and have a great potential to convert to ADU's.
  • The Building is located across the street from Downey landing, Promenade, Cinemark and lots of surrounding restaurants to choose from
  • The current GSI is $400,720.00 with room to increase in 2026

Executive Summary

La Villa Hermosa features a gated private 15 Units building with 8= 1bd 1bth 6= 2bd 1bth 1= 3bth 2bth All units are spacious, the property has it's own Community Laundry area that generates additional income, there is separate storage room next to the laundry room, As of 2025 the building has NEW ROOF, NEW RAINGUTTERS, NEW DUAL PANEL WINDOWS, NEW GAS LINE, A few units have been upgraded. There are a total of 26 total parking spaces of which 4 garages and 2 parking spaces are bringing additional monthly income, these parking spaces are large and have a great potential to convert to ADU's. The current GSI is $400,720.00 with room to increase in 2026, the Building is located across the street from Downey landing, Promenade, Cinemark and lots of surrounding restaurants to choose from, walking distance to Stonewood Mall, PIH Hospital and Kaiser Permanente, there is also easy access to the 605, 105, and 710Fwy's.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $400,720 $30.09
Other Income - -
Vacancy Loss - -
Effective Gross Income $400,720 $30.09
Taxes - -
Operating Expenses - -
Total Expenses $24,306 $1.83
Net Operating Income $376,414 $28.27

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $400,720
Annual Per SF $30.09
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $400,720
Annual Per SF $30.09
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $24,306
Annual Per SF $1.83
Net Operating Income
Annual $376,414
Annual Per SF $28.27

Property Facts

Price $6,300,000
Price Per Unit $420,000
Sale Type Investment
No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Building Class B
Lot Size 0.49 AC
Building Size 13,316 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1973/2025
Parking Ratio 1.95/1,000 SF
Zoning DOR3 - DOR3

Amenities

Unit Amenities

  • Storage Space
  • Washer/Dryer
  • Patio

Site Amenities

  • Fenced Lot
  • Picnic Area
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 15 - -
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
6284-022-005
Land Assessment
$1,968,561
Improvements Assessment
$2,843,478
Total Assessment
$4,812,039
  • Listing ID: 39356855

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 12024 Bellflower Blvd, Downey, CA 90242

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}