17
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$1,400,000
Est. payment /mo
6,869 Sqft Lot
New
9833 Walnut Bellflower, CA 90706
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25243644
HOA Y/N No
Year Built 1954
Lot Size 6,869 Sqft
Property Sub-Type Triplex
Property Description
9833 Walnut Street offers a rare opportunity to acquire three detached homes on a single lot in the heart of Bellflower. Situated just blocks from Downtown Bellflower, Bellflower Blvd, and Hollywood Sports Park, the property provides a walkable and convenient location in a strong rental market.
The property features a total of 2,142 square feet of living area on a 6,868 square foot lot, with a unit mix of (3) 2-bedroom/1-bath homes, each equipped with a private 1-car garage. All three dwellings have new plumbing and roofs that were replaced approximately three years ago, providing peace of mind and reduced maintenance for the next owner.
This property is an ideal opportunity for an owner-user or investor to renovate and capture market rents across the property. At a 3.68% CAP rate and $466,667 per unit, the asset offers both stability and long-term upside.
With its central location, multiple income streams, and flexible ownership potential, 9833 Walnut Street stands out as a well-positioned investment opportunity in one of Bellflower's most accessible neighborhoods.
The property features a total of 2,142 square feet of living area on a 6,868 square foot lot, with a unit mix of (3) 2-bedroom/1-bath homes, each equipped with a private 1-car garage. All three dwellings have new plumbing and roofs that were replaced approximately three years ago, providing peace of mind and reduced maintenance for the next owner.
This property is an ideal opportunity for an owner-user or investor to renovate and capture market rents across the property. At a 3.68% CAP rate and $466,667 per unit, the asset offers both stability and long-term upside.
With its central location, multiple income streams, and flexible ownership potential, 9833 Walnut Street stands out as a well-positioned investment opportunity in one of Bellflower's most accessible neighborhoods.
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Door-Single, Driveway, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7109019012
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899
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