Bellflower, CA 90706,10018 Foster Rd
Bellflower, CA 90706,10018 Foster Rd
Bellflower, CA 90706,10018 Foster Rd
10
$1,976,000
$1,975,000
0.1%
Est.Price: ?

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16 BD
8 BA
7,012 SqFt

10018 Foster Rd Bellflower, CA 90706

Est. payment /mo
SOLD DATE : 02/28/2024

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Key Details

Sold Price $1,976,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,012 sqft

Price per Sqft $281

MLS Listing ID 24-345125

Bedrooms 16

Year Built 1956

Lot Size 0.254 Acres

Property Description

**OFFER DEADLINE IS WEDNESDAY, 01/24 AT 5PM** 10018-10024 Foster Road consists of two fourplexes on two separate and contiguous parcels in the highly desirable Bellflower rental market. This offering presents an excellent opportunity to acquire a well priced, well located asset with approximately 30% upside in the rental income. The outstanding unit mix features all two-bedroom / one-bathroom units. The property also features eight detached carport parking spaces for tenants. The property is conveniently located near the 105 and 91 freeways providing easy access to both LA and OC. This asset has been under the same ownership for decades and is an excellent investment opportunity because of it's great location, substantial amount of rental upside and no local rent control barriers.

Location

State CA

County Los Angeles

Area Bellflower N Of Alondra, E Of Bellflower

Zoning BFR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Garage Carport Detached

Garage Spaces 8.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with Remax Commercial and Investment Realty

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Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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