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15746-15750 Ryon Ave
Bellflower, CA 90706
Multifamily Property For Sale
·
9 Units
Investment Highlights
- 9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs
- 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control – Defaults to AB 1482
- Fully Renovated 1-Bedroom Unit with New Kitchen, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures & New Ceiling Fan
- Desirable Bellflower Location – Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Remodeled Front 3-Bedroom House with 2-Car Garage
- Six of the Seven Structures Contain Brand-New Roofs | Recently Painted Property with Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping
- On-Site Laundry & 14 Parking Spaces | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium & Freeways
Property Facts
| No. Units | 9 | Building Size | 4,644 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1938 |
| Building Class | C | Parking Ratio | 3.01/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | BFR3YY | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 4,644 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1938 |
| Parking Ratio | 3.01/1,000 SF |
| Zoning | BFR3YY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $2,980 | - |
| 1+1 | 8 | $1,387 | - |
Property Taxes
| Parcel Number | 6271-031-010 | Improvements Assessment | $900,000 |
| Land Assessment | $1,080,000 | Total Assessment | $1,980,000 |
Property Taxes
Parcel Number
6271-031-010
Land Assessment
$1,080,000
Improvements Assessment
$900,000
Total Assessment
$1,980,000
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