$1,720,000
$2,225,000
22.7%For more information regarding the value of a property, please contact us for a free consultation.
9533 Somerset BLVD Bellflower, CA 90706
10 Beds
10 Baths
5,834 SqFt
Key Details
Sold Price $1,720,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,834 sqft
Price per Sqft $294
MLS Listing ID 22196779
Sold Date 12/22/22
Bedrooms 10
HOA Y/N No
Year Built 1955
Lot Size 0.331 Acres
Acres 0.3306
Property Description
We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 65% upside in rents and over a 6.5% cap rate on market rents.
Location
State CA
County Los Angeles
Area Rj - Bellflower N Of Alondra, W Of Bellflower
Zoning BFR3YY
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Covered
Parking Type Covered
Total Parking Spaces 9
Building
Story 1
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 6277011023
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with David Oronoz • Skyline Commercial Real Estate