9745 Maple, Bellflower, CA 90706

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List Price
$1,450,000
Status
ACTIVE
MLS#
RS26207599
Year Built
1937
Lot Size
4,315
Acres
0.10
Lot Location
Zero Lot Line
Days on Market
1
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

5-Unit Investment Opportunity in Bellflower – $1,450,000 Excellent opportunity to acquire a well-maintained, low-maintenance 5-unit income property located at 9745 Maple St., Bellflower. The property consists of approximately 2,720 square feet of building area on a 4,315-square-foot lot and currently generates $9,100 per month / $109,200 annually in gross rental income. The property features a desirable unit mix consisting of one 3-bedroom unit, one 2-bedroom unit, and three 1-bedroom units. Current monthly rents are: 3 Bedroom – $2,000 2 Bedroom – $2,000 Three 1 Bedrooms – $1,700 each All five units were remodeled in 2023 and feature individual split-system air conditioning. The property also has a newer electrical panel. Tenants pay their own gas and electricity, helping to keep owner-paid utility expenses lower. The property is conveniently located within walking distance of shopping, dining, and everyday services, with easy access to major freeways and surrounding commercial and employment areas. Parking is available on the street; the property does not have on-site parking. Portions of two residential units incorporate areas that were formerly used as office space. Buyer is advised to independently verify permits, square footage, unit configurations, parking requirements, and permitted use with the City of Bellflower. Offered at $1,450,000, the property has a current Gross Rent Multiplier (GRM) of approximately 13.28 based on existing rents. An attractive opportunity for an investor seeking a remodeled, income-producing multifamily property in a convenient Bellflower location.

Additional Information

Pool Description
None
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless
Roof
Composition
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$109,200
Operating Expense
25930

Listing courtesy of Listing Agent: Dene Molina (dene9721@aol.com) from Listing Office: Empiric Brokers Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.