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9628 Beverly St
Bellflower, CA 90706
9 Units Built 1986 - 4.92% CAP Rate! · Multifamily Property For Sale
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9 Units
PROPERTY FACTS
| No. Units | 9 | Building Size | 16,924 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.36/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | BFR3* | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 16,924 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | BFR3* |
ABOUT 9628 BEVERLY ST , BELLFLOWER, CA 90706
Kristopher German of RE/MAX Commercial is pleased to exclusively offer for sale this 9 Unit investment property located in the city of Bellflower. The subject property was built in 1986 and boasts a unit mix of all 2 Bedroom/2 Bathroom units. Tenants enjoy; interior laundry hookups, private two-car garages, private patio/balconies, and master bedroom with private bathroom. Tenants pay for ALL utilities including water! Currently offered at 14.21 GRM and a 4.92% CAP Rate, the last rental increase for 8 of the 9 units was in 2018. Thus, tenants are due for their annual increase bringing the financials to 13.2 GRM and a 5.6% CAP Rate, a very lucrative investment for the next investor!!!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
PROPERTY TAXES
| Parcel Number | 7161-003-007 | Improvements Assessment | $1,673,277 |
| Land Assessment | $1,115,517 | Total Assessment | $2,788,794 |
PROPERTY TAXES
