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9725 Ramona Street

Bellflower, CA 90706
  • $5,000,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: PW22161243
UPDATED: 97 min ago
$5,000,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Listing Agent(s): Cheryl Vandenberg of Berkshire Hathaway H.S.C.P. (562-860-2443) and Dennis Vandenberg of Berkshire Hathaway Homeservice(562-943-7266)


Description

Great investment opportunity! Well maintained 12 unit apartment building in the heart of Bellflower. (10) two bedroom, one bath units and (2) one bedroom, one bath units. Each unit has a wall air conditioner, dishwasher, gas wall heaters and a free standing gas range. Most units have ceiling fans in the dining room and bedrooms. Situated on a 18,677 square foot lot. 11,234 square feet of living space. (12) one car garages and (12) designated parking spaces for each unit. Community laundry room. The property features many recent capital improvements. The dwelling building has a newer composition roof replaced in 2019. The garage building roof was replaced in 2011. New copper plumbing in March of 2022. New low-flow high recovery recirculating hot water heater pump installed in March 2022. Additional income from the coin-operated laundry units. Please click on the Supplement link for the Offering Memorandum and Financial Analysis.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T00:30:54.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/131190757
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9725 Ramona Street Bellflower, CA 90706

  • Price: $5,000,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 97 min ago
  • ID#: PW22161243
0
Beds
0
Baths
0
½ Baths
0.43
Acres
1980
Built
Neighborhood:
RF - Bellflower South of 91 Frwy
County:
Los Angeles
Area:
RF - Bellflower South of 91 Frwy
Property Description
Great investment opportunity! Well maintained 12 unit apartment building in the heart of Bellflower. (10) two bedroom, one bath units and (2) one bedroom, one bath units. Each unit has a wall air conditioner, dishwasher, gas wall heaters and a free standing gas range. Most units have ceiling fans in the dining room and bedrooms. Situated on a 18,677 square foot lot. 11,234 square feet of living space. (12) one car garages and (12) designated parking spaces for each unit. Community laundry room. The property features many recent capital improvements. The dwelling building has a newer composition roof replaced in 2019. The garage building roof was replaced in 2011. New copper plumbing in March of 2022. New low-flow high recovery recirculating hot water heater pump installed in March 2022. Additional income from the coin-operated laundry units. Please click on the Supplement link for the Offering Memorandum and Financial Analysis.
Exterior Features

Construction Materials Stucco Fencing Block Number Of Separate Electric Meters 12 Open Parking Spaces 12 Parking Features AssignedDoor-SingleGarage Parking Total 24 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas RangeDryerWasher Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 2.71 Common Interest None Community Features CurbsGutter(S)Street LightsSidewalks Electric Expense 900 Fuel Expense 3000 Garage YN Yes Gross Income 4800 Gross Scheduled Income 222228 Inclusions Laundry Room Washers & DryersFree-Standing Gas Ranges Insurance Expense 2834 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanSubmit Net Operating Income 135635 New Construction YN No New Taxes Expense 66000 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 1 Operating Expense 82148 Other Expense 750 Property Sub Type Mixed Use Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 2544 Vacancy Allowance 4445 Vacancy Allowance Rate 2 Water Sewer Expense 4500 Water Source Public Zoning Bfer3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T00:30:54.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
 
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Nest Real Estate
21804 Cactus Ave ste 101
Riverside CA, 92518
Listing Agent(s): Cheryl Vandenberg of Berkshire Hathaway H.S.C.P. (562-860-2443) and Dennis Vandenberg of Berkshire Hathaway Homeservice(562-943-7266)