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11944 Bellflower Blvd
Downey, CA 90242

Prime Area Of Downey - Est 27% Upside · Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.16 AC
Building Size 5,032 SF
Average Occupancy 100%
No. Stories 2
Year Built 1955
Parking Ratio 1.19/1,000 SF

Unit Amenities

  • Disposal
  • Storage Space
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Yard
  • Pantry
  • Porch

Site Amenities

  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Security System

About 11944 Bellflower Blvd , Downey, CA 90242

The Growth Investment Group is proud to offer 11944 Bellflower Boulevard, a 6-unit apartment property comprised of a single two-story building located in the highly desirable city of Downey, California. This non-rent-controlled value-add opportunity is perfect for an investor looking to acquire an apartment property and maximize its income potential. The property has been under the same ownership since 2008 and since then, is the first time being offered for sale. The units are currently leased to many long-time tenants on a month-to-month agreement at below market rents. With no rent control Buyers can quickly add value and increase income by modernizing the units. Across from Downey Landing with only blocks away from Kaiser Permanente and Stonewood Shopping Center it is within excellent proximity to many inevitabilities.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $1,300 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6284-020-004
Land Assessment
$739,303
Improvements Assessment
$1,016,550
Total Assessment
$1,755,853

zoning

Zoning Code R3, Downey
R3, Downey
  • Listing ID: 12096938

  • Date on Market: 2018-03-30

  • Last Updated:

  • Address: 11944 Bellflower Blvd, Downey, CA 90242

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