9209 Artesia Boulevard

Bellflower, CA 90706

$1,850,000
Price
—
Beds
4,610 Sq. Ft.
$401 / Sq. Ft.
4,610
Sq. Ft.
$401
per Sq. Ft.

Description

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...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!
  1. Listed by Tony Lopez • DRE #01752038 • Brokerage DRE #02211662 • Berkshire Hathaway HomeService • 562-762-7403

Property Details for 9209 Artesia Boulevard

Parking Spaces Total
10
Total Units
6.0
Business Type
Commercial
Lot Size Source
Assessor
Building Area Total
4610
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
LISTING UPDATED: 08/15/2024 01:49 AM

Property Details for 9209 Artesia Boulevard

StatusActive
MLS #RS23100708
Days on Market469
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1951
Lot Size0.29 AC / 12,664 SF
CountyLos Angeles County

Building Information for 9209 Artesia Boulevard

Stories1Residences-Year Built1951Building Size-Lot Size0.29 AC / 12,664 SF

Property Information for 9209 Artesia Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $159,600
  • Vacancy Allowance Rate: 1
  • Net Operating Income: $137,444
  • Other Income 1: $4,800
  • Cap Rate: 6.87
  • Current Financing: Private
Expense Details
  • Operating Expense: $26,956
  • Expense Year: $2,022
  • Electric Expense: $0
  • Insurance Expense: $2,616
  • Professional Management Expense: $0
  • Trash Expense: $1,970
  • Water Sewer Expense: $1,120
  • Real Estate Tax Expense: $21,250
  • Total Expenses: $26,956
Tax / Assessment Info
  • Tax Rate: 1.25
  • Tax Year: 2022
  • Tax Annual Amount: $21,250
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
  • Cooling: None
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition, Mixed, Reflective, Shingle
  • Fence: Yes
  • Fencing: Brick, Partial
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, No Landscaping
  • Land Use: Multi-Family
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 3
  • Carport Spaces: 7
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1800
  • Unit Type Area: 450
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: 9211
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3200
  • Unit Type Area: 960
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: 9209
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: 9207 3/4
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: 9207 1/2
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: 9207 1/4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
  • Unit Type Description: 9207
Unit Information
  • Number Of Units Leased: 6
  • Number Of Buildings: 2

Property History for 9209 Artesia Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9209 Artesia Boulevard

Taxable ValueLand$795,600Additions$333,540Total$1,129,140
Tax Record2023$14,442 ($1,204 / month)
Home Facts
Total Finished SqFt4,610 SqFtAbove Grade Finished SqFt4,610 SqFtStories1Lot Size12,664 SqFtStyleOffice BuildingYear Built1951ZoningBFM1*CountyLOS ANGELESAPN7162-017-032

Schools near 9209 Artesia Boulevard

This home is within Bellflower Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - 7 to 12
Public - K to 12
Rating
School
Distance
Craig Williams Elementary School
PublicK to 6

Mayfair High School
Public7 to 12

Somerset Continuation High School
Public7 to 12

Bellflower Alternative Education Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9209 Artesia Boulevard is a multi-family home for sale in Bellflower, CA 90706. This property was listed for sale on June 7, 2023 by Berkshire Hathaway HomeService, it's currently listed at $1,850,000. It has been on the market for a total of 469 days and was last sold on September 29, 2021. This listing's school district is Bellflower Unified School District. Nearby schools include Craig Williams Elementary School, Mayfair High School and Somerset Continuation High School. 9209 Artesia Boulevard is a 0-bed, 0-bath, 4,610 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService, Tony Lopez, DRE #01752038

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.