9209 Artesia Boulevard Bellflower, CA $ 1,850,000
9209 Artesia Boulevard
$ 1,850,000
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9209 Artesia Boulevard

Bellflower, CA, 90706
$ 1,850,000
Baths0.0 Sq 4,610

Monthly Estimate*

$ 12,296

Listed by Berkshire Hathaway HomeService
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Studio

Commercial Property for sale in Bellflower, CA

for $1,850,000. This 4,610 square foot building was built in 1951 on a lot size of 0.2907.

Attention all investors! Don't miss out on this remarkable opportunity to own a Commercial/Residential Income Property in the City of Bellflower. This investment property offers 6 units recently remodeled. Each unit has been meticulously rehabbed from top to bottom, with new kitchen cabinets, flooring, lighting, windows, and bathrooms. 4 units offer 2 bedrooms and 1 bathroom; there is a larger 3 bedrooms/2 bathroom unit and a 1-bedroom/1 bath unit in the front. There are 7 carport parking spots and 2 garages currently rented as storage units. Tenants are responsible for their utilities, such as Gas and Electric, landlord pays for water and trash. All tenants are on a 12-month lease. These units have been extensively renovated with a brand new 30-year roof installed in 2022, a brand-new remote-controlled gate, new windows and doors throughout, a new mailbox, new electrical, plumbing, heating, ceiling fans, kitchen cabinets, bathroom showers, and sinks. The storefront has been beautifully renovated as a 1-bedroom residential unit. Located in the heart of LA and Orange County, this property is uniquely situated for an easy commute either way. Close to Cerritos, Lakewood, Downey, LAX, and all major transportation hubs in Southern California. Plus, there is no rent control in the city of Bellflower. Don't let this opportunity pass you by! Act fast and secure your investment today. Remember, here today, gone tomorrow!

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Commercial Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,250

Style

MultiFamily

Lot Size

0.2907

Year Built

1951

Town/City

Bellflower

County/Region

Los Angeles

MLS | Web ID

RS23100708

Days on Market

361

Features
General
Heating WallFurnace
Cooling None
Utilities SewerConnected WaterConnected
Roof Composition Mixed Reflective Shingle
Zoning BFM1
Security Features CarbonMonoxideDetectors SecurityGate SmokeDetectors
Year Built 1951
Electric Standard
Property SubType MultiFamily
Tax Year 2022
Business Type Commercial
County Los Angeles
Net Operating Income 137444.0
Operating Expense 26956.0
Insurance Expense 2616.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Immediately South of the 91 Freeway between Lakewood Blvd. and Clark Avenue.
City Bellflower
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3.0
NumberOfUnitsTotal 6
MLS Area RF - Bellflower South of 91 Frwy
Lot Size Units SquareFeet
Lot Size Square Feet 12664.0
Private Pool N
Waterfront Y/N N
Carport Spaces 7.0
Carport Y/N Y
Number of Units Leased 6
Street Name Artesia
Listing Terms CashtoNewLoan Conventional Submit
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 21250.0
Electric Expense 0.0
Home Warranty Y/N N
Current Financing Private
Trash Expense 1970.0
Water Sewer Expense 1120.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 326
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional MultiFamily
Cap Rate 6.87
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Exterior
Fencing Brick Partial
Lot Features Item610UnitsAcre Level NoLandscaping NearPublicTransit RectangularLot
Water Source Public
Total Parking 10.0
Lot Size Area 12664.0
Number of Buildings 2
Spa N
Building Area Total 4610.0
Lot Size Acres 0.2907
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features Inside SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 9209
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* Excluded Features
List By
Berkshire Hathaway Homeservice

Broker

(562) 860-2443

Phone

Affordability Calculator

$14,067
Per Month
87%
13%
0%
Monthly Principal & Interest
$12,296
Monthly Property Taxes
$1,771
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2024$1,850,000 -7.50% Price Down
9/22/2023$2,000,000 -6.98% Price Down
6/9/2023$2,150,000 -6.52% Price Down
6/8/2023$2,300,000 Listed Price

Map


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9209 Artesia Boulevard, Bellflower, CA, 90706 is a Commercial Property for sale at $1,850,000 with 4,610 sqft and a lot size of 0.2907. 9209 Artesia Boulevard is a studio with 0.0 baths and was built in 1951. The property's zip code is 90706 which is in Bellflower, CA