9720 Cedar St | Bellflower, CA 90706
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- LoopNet Team
9720 Cedar St
Bellflower, CA 90706
Cottage Style Fourplex on Large Lot · Multifamily Property For Sale · 4 Units
INVESTMENT HIGHLIGHTS
- Unique Cottage Style Fourplex in Bellflower - This opportunity consists of all single level cottage style units on an oversized lot.
- ADU Play - With 4 single car garages built in 2019, a new investor can take advantage of the newer structure and build an ADU (buyer to verify).
- No Local Rent Control – Only Subject to AB-1482 - The property is subject to AB-1482 State Rent Control, making it easier to raise rents in the future
- Two Units Vacant - The larger cottage and back cottage will be delivered vacant at close of escrow making this the perfect owner-user opportunity.
- Washer Dryer Hookups and Ample Parking - Each unit has a washer/dryer hookup and there is ample parking on-site.
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,532 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Single-Family Home | Year Built | 1923 |
| Building Class | C | Parking Ratio | 4.19/1,000 SF |
| Lot Size | 0.44 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 4,532 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1923 |
| Parking Ratio | 4.19/1,000 SF |
UNIT AMENITIES
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,648 | - |
| 2+1.5 | 1 | $3,250 | - |
PROPERTY TAXES
| Parcel Number | 7161-018-006 | Improvements Assessment | $881,382 |
| Land Assessment | $1,333,336 | Total Assessment | $2,214,719 |
PROPERTY TAXES
Parcel Number
7161-018-006
Land Assessment
$1,333,336
Improvements Assessment
$881,382
Total Assessment
$2,214,719
ZONING
| Zoning Code | BFR2 |
| BFR2 |
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