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$2,900,000
Est. payment /mo
9 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25085748
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
Investors Dream in the Heart of Bellflower! An exceptional investment opportunity at 9713 Cedar Street in Bellflower, CAa rare find with major potential for expansion and strong existing cash flow. Situated on a generous 19,633 sq. ft. lot zoned BFR3, this multi-unit bungalow-style property is primed for both immediate rental income and future development. The current setup includes six units across four structures: A charming 3-bedroom, 1-bathroom front house Two separate units each with two 2-bedroom, 1-bathroom units A cozy 1-bedroom, 1-bathroom unit Two detached garages for added rental income On-site community laundry room for tenant convenience. Zoning and lot size mirror nearby properties that have already been successfully redeveloped into 12-unit complexes, highlighting the significant upside potential. With numerous large-scale new developments in the surrounding area, this property sits in a growth corridor thats gaining momentum fast. The current cap rate outperforms comparable properties on the marketperfect for the savvy investor looking for both stability and opportunity. Motivated seller, priced to sell! Dont miss your chance to own a piece of rapidly growing Bellflower. Explore the possibilities and imagine what you could build here. Schedule a viewing today and see the potential for yourself!
Location
State CA
County Los Angeles
Zoning Assessor
Direction 91 Freeway, Exit and go South on Bellflower Blvd, Turn Right onto Cedar Street.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 7161012026
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Listed by Kevin Shuler Keller Williams Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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