$2,500,000
$2,499,000
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9523 Cedar ST Bellflower, CA 90706
6,671 SqFt
Key Details
Sold Price $2,500,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,671 sqft
Price per Sqft $374
MLS Listing ID TR21221470
Sold Date 01/14/22
Construction Status UpdatedRemodeled
HOA Y/N No
Year Built 1976
Lot Size 0.449 Acres
Acres 0.4489
Property Description
Owning rental real estate can be a smart way to diversity your investment portfolio and generate a steady income. A multi-family property can multiply your income with only incremental added cost. Multi-family rentals are typically easier to finance, compound returns more quickly, tend to benefit from economies of scale. THESE 6 INDIVIDUALLY SEPARATED UNITS ARE THE BEST ONE FOR THE ABOVE CONDITION!!!
All units have it's own privacy like single family units.
Most units were remodeled inside including kitchen, some bathrooms, flooring except one unit which had newer flooring.
The biggest unit was remodeled completely 3 years ago and has 3 bedrooms and 3 bathrooms with two car attached garage directly accessing into the house and has it's own back yard.
All other 5 units have it's own attached one car garage and parking spaces separately and have wash and dryer hook ups in the garage.
Location
State CA
County Los Angeles
Area Rf - Bellflower South Of 91 Frwy
Rooms
Ensuite Laundry WasherHookup, GasDryerHookup, InGarage
Interior
Interior Features AllBedroomsDown
Laundry Location WasherHookup,GasDryerHookup,InGarage
Heating Central, ForcedAir, NaturalGas
Cooling CentralAir, Electric
Fireplaces Type None
Fireplace No
Appliance Dishwasher, GasRange, GasWaterHeater, WaterHeater
Laundry WasherHookup, GasDryerHookup, InGarage
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features StreetLights, Sidewalks
Utilities Available CableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 13
Private Pool No
Building
Lot Description Garden, Lawn, SprinklerSystem
Story 1
Entry Level One
Foundation Slab
Sewer PublicSewer, SewerTapPaid
Water Public
Level or Stories One
New Construction No
Construction Status UpdatedRemodeled
Others
Senior Community No
Tax ID 7161011040
Security Features SmokeDetectors
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Steve Kang • Masters Realty Eastern Group