Bellflower, CA 90706,9533 Somerset BLVD
Bellflower, CA 90706,9533 Somerset BLVD
Bellflower, CA 90706,9533 Somerset BLVD
8
$1,765,000
$1,900,000
7.1%
Est.Price: ?

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10 BD
10 BA
5,834 SqFt

9533 Somerset BLVD Bellflower, CA 90706

Est. payment /mo
SOLD DATE : 05/10/2024

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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

Bedrooms 10

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)

Exterior

Garage Covered

Building

Story 1

Sewer Other

New Construction No

Others

Special Listing Condition Standard

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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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Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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