Bellflower, CA 90706,9533 Somerset BLVD
Bellflower, CA 90706,9533 Somerset BLVD
Bellflower, CA 90706,9533 Somerset BLVD
Bellflower, CA 90706,9533 Somerset BLVD
Bellflower, CA 90706,9533 Somerset BLVD
Bellflower, CA 90706,9533 Somerset BLVD
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$1,765,000

$1,900,000

7.1%
Est.Price: ?

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Est. payment /mo

10 Beds

10 Baths

5,834 SqFt


SOLD DATE : 05/10/2024

Key Details

Sold Price $1,765,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,834 sqft

Price per Sqft $302

MLS Listing ID 23255865

Sold Date 05/10/24

Bedrooms 10

HOA Y/N No

Year Built 1955

Lot Size 0.331 Acres

Property Description

We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Most units contain washer and dryer hookups. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 40% upside in rents and nearly a 7.5% cap rate on market rents.

Location

State CA

County Los Angeles

Area Rj - Bellflower N Of Alondra, W Of Bellflower

Zoning BFR3YY

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Covered

Parking Type Covered

Total Parking Spaces 9

Building

Story 1

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6277011023

Special Listing Condition Standard

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Justin & Jessica Bouzane

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California Regional MLS (CRMLS)
Listed by David Oronoz • Skyline Commercial Real Estate
Bought with Ryan Pratt • Skyline Commercial Real Estate

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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