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17432 Virginia Avenue

Bellflower, CA 90706
  • $5,000,000
  • STATUS: ACTIVE
  • ON SITE: 35 Days
  • ID#: PW24201227
UPDATED: 47 min ago
$5,000,000
  • 9
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

A rare find! Well maintained 18 units on four parcels with room to add additional 2 more units. The property offers a variety of unit configurations, including a spacious 3-bedroom 2 bath Single Family Residence with 2 car garage and yard, (10) 2- bedroom/1-bathroom units, (7) 1- bedroom/1- bath free standing bungalows, 3 storage units, community laundry room, and office. Long term tenancy and high demand due to the privacy of each unit has to offer. Bellflower conveniently located the heart of LA and Orange County, this property location has quick access to the 91, 710, 105 and 605 freeways. All units have separate gas and electric meters, and most tenants are on a month-to-month basis with rent increases due soon. A rare find! Well maintained 18 units on four parcels with room to add additional 2 more units. The property offers a variety of unit configurations, including a spacious 3-bedroom 2 bath Single Family Residence with 2 car garage and yard, (10) 2- bedroom/1-bathroom units, (7) 1- bedroom/1- bath free standing bungalows, 3 storage units, community laundry room, and office. Long term tenancy and high demand due to the privacy of each unit has to offer. Bellflower conveniently located the heart of LA and Orange County, this property location has quick access to the 91, 710, 105 and 605 freeways. All units have separate gas and electric meters, and most tenants are on a month-to-month basis with rent increases due soon.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/156001122
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17432 Virginia Avenue Bellflower, CA 90706

  • Price: $5,000,000
  • Status: ACTIVE
  • On Site: 35 Days
  • Updated: 47 min ago
  • ID#: PW24201227
9
Beds
0
Baths
0
½ Baths
0.92
Acres
Neighborhood:
Bellflower (90706)
County:
Los Angeles
Area:
Bellflower (90706)
Property Description
A rare find! Well maintained 18 units on four parcels with room to add additional 2 more units. The property offers a variety of unit configurations, including a spacious 3-bedroom 2 bath Single Family Residence with 2 car garage and yard, (10) 2- bedroom/1-bathroom units, (7) 1- bedroom/1- bath free standing bungalows, 3 storage units, community laundry room, and office. Long term tenancy and high demand due to the privacy of each unit has to offer. Bellflower conveniently located the heart of LA and Orange County, this property location has quick access to the 91, 710, 105 and 605 freeways. All units have separate gas and electric meters, and most tenants are on a month-to-month basis with rent increases due soon. A rare find! Well maintained 18 units on four parcels with room to add additional 2 more units. The property offers a variety of unit configurations, including a spacious 3-bedroom 2 bath Single Family Residence with 2 car garage and yard, (10) 2- bedroom/1-bathroom units, (7) 1- bedroom/1- bath free standing bungalows, 3 storage units, community laundry room, and office. Long term tenancy and high demand due to the privacy of each unit has to offer. Bellflower conveniently located the heart of LA and Orange County, this property location has quick access to the 91, 710, 105 and 605 freeways. All units have separate gas and electric meters, and most tenants are on a month-to-month basis with rent increases due soon.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Cooling N/K Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 5.3 Annual Expense Actual 113749 Buildings 14 Cfd Mello Roos Fee 7154.13 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.21 Gross Scheduled Income Actual 378600 Home Owners Fees 0.0 Monthly Total Fees 596 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3800.0 Unit2 Rent Actual 1650.0 Unit3 Rent Actual 1350.0 Unit4 Rent Actual 2300.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Shelly St. Denis of REMAX Proper: . Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128