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9209 Artesia Boulevard

Bellflower, CA 90706

– beds
– baths
– sqft
12,664 sqft lot
1951 build
– on site

Attention investors! This is an extraordinary opportunity to acquire a versatile Commercial/Residential Income Property in the highly desirable City of Bellflower. You won't want to miss out on this must-see investment property, featuring 6 recently renovated units. Each unit has undergone meticulous rehab, including brand new kitchen cabinets, updated laminate flooring, upgraded recessed lighting, modern dual pane windows, and stylish bathrooms. The property offers a variety of unit configurations, including (4) spacious 2-bedroom/1-bathroom units, (1) 3-bedroom/2-bathroom unit, and 1 charming 1-bedroom/1-bathroom unit at the front. 7 carport parking spots and 2 car garages, with one currently rented as a storage unit. Additional renovations have been done to this property, including a new 30-year roof installed in 2022, a remote-controlled gate, new dual pane windows and doors, a multi-unit mailbox, and upgraded electrical, plumbing, and heating systems. Each unit is equipped with ceiling fans, modern kitchen cabinets, stylish bathroom showers, and sinks. Tenants are responsible for gas and electric, while the landlord covers water and trash. With all tenants on 12-month leases, you can expect stability and consistent income. Conveniently located in the heart of LA and Orange County, this property offers easy access to major freeways, (5, 91, 105, 710 and 605), and relatively close to Cerritos, Lakewood, and Downey malls, LAX, and more. What's more, the city of Bellflower does not have rent control, providing investors with even greater potential for return on investment. Don't hesitate, act quickly to secure this incredible opportunity. Remember, opportunities like this are rare. Don't miss your chance to own this remarkable property.

Listed By CRMLS_CA / Tony Lopez / Berkshire Hathaway HomeService / 562-762-7403

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# RS24008638 —

The Building

Year Built:

1951
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Drywall Walls, Frame, Stucco
Architectural Style:

Contemporary
Roof:

Composition, Mixed, Reflective, Shingle
Exterior Features:

Awning(s)
Entry Level:

1
Foundation:

Combination, Raised, Slab
Common Walls:

2+ Common Walls
Building Area Total:

4610.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

6
Stories Total:

1
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

6

Interior

Features:

Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Storage
Levels:

One
Entry Location:

1
Window Features:

Double Pane Windows
Flooring:

Laminate
Room Type:

All Bedrooms Down
Laundry:

Inside, See Remarks
Laundry:

1

Financial & Terms

Disclosures:

Principal Is RE Licensed

Location

Directions:

Immediately South of the 91 Freeway, between Lakewood Blvd., and Clark Avenue.
Latitude:

33.87529600
Longitude:

-118.13787800

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Turnkey
Zoning:

BFM1
Lot Features:

6-10 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, No Landscaping
Lot Size Area:

12664.0000
Lot Size Acres:

0.2907
Lot Size SqFt:

12664.00
Lot Size Source:

Assessor
View:

None
Fencing:

Brick, Partial
Fence:

Yes
Security Features:

Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street, Highway
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Rate:

1.25
Tax Annual Amount:

21250.00

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

7162017032

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs, Sidewalks, Storm Drains, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

12.00
Garage Spaces:

2.00
Uncovered Spaces:

3.00
Carport Spaces:

7.00

Extra Units

Average 1 Bed Area:

550
Average 2 Bed Area:

800
Average 3 Bed Area:

860

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/15/24 Jan 15, 2024	Listed / Active	CRMLS_CA	$1,850,000
5/24/23 May 24, 2023	Listed / Active	CRMLS_CA

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This multifamily located in Southeast La, Bellflower, CA 90706 is currently for sale for $1,850,000. 9209 Artesia Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 111 days. 9209 Artesia Boulevard is in the Southeast La neighborhood of Bellflower and has a WalkScore® of 61, making it somewhat walkable. This multifamily is in the attendance area of Craig Williams Elementary School and Mayfair High School.

Listing Courtesy of: CRMLS_CA and Berkshire Hathaway HomeService. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on May 05.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.