REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,100,000
Est. payment | /mo
1.34 Acres Lot
$ 5,100,000
Est. payment | /mo
1.34 Acres Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25243487
HOA Y/N No
Year Built 1975
Lot Size 1.343 Acres
Property Sub-Type Mixed Use
Property Description
This unique 12-unit multifamily property offers a rare configuration of all single-story homes on a massive ±1.34-acre lot that spans three parcels.
The unit mix includes three two-bedrooms, eight three-bedrooms, and one four-bedroom floorplan. Each home features laundry hookups, parking, and private outdoor space, making it highly desirable for renters seeking a single-family home experience at rental rates. The asset also includes 12 double garages and 10 additional surface parking spaces, providing ample parking. This property sits just one parcel away from Washington Elementary, making it a great rental option for families and faculty, and this location also offers convenient access to retail centers, Cerritos College, and the 91 and 605 freeways, offering easy access to Greater Los Angeles and Orange County. This asset presents a compelling acquisition opportunity for investors seeking a property poised to maintain strong rental demand. Furthermore, current rents offer 20 percent rental upside.
The unit mix includes three two-bedrooms, eight three-bedrooms, and one four-bedroom floorplan. Each home features laundry hookups, parking, and private outdoor space, making it highly desirable for renters seeking a single-family home experience at rental rates. The asset also includes 12 double garages and 10 additional surface parking spaces, providing ample parking. This property sits just one parcel away from Washington Elementary, making it a great rental option for families and faculty, and this location also offers convenient access to retail centers, Cerritos College, and the 91 and 605 freeways, offering easy access to Greater Los Angeles and Orange County. This asset presents a compelling acquisition opportunity for investors seeking a property poised to maintain strong rental demand. Furthermore, current rents offer 20 percent rental upside.
Location
State CA
County Los Angeles
Area Rj - Bellflower N Of Alondra, W Of Bellflower
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 24.0
Garage Description 24.0
Pool None
Community Features Suburban
Total Parking Spaces 34
Private Pool No
Building
Lot Description Lot Over 40000 Sqft
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6271032003
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com