Property Detail - MLS#P626445

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$1,550,000

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9509 Flower
Bellflower, CA 90706

  • of
  • Beds: 0
  • Full Baths: 0
  • Half Baths: 0
  • Sq Ft: 9,807
  • Lot Size:
  • Year Built: 1958
  • Type: Multi-Family Home
  • County: LOS ANGELE
  • Status: Active
  • Subdivision:
  • Area:

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Description

15 total units consisting of a 12 unit building with 2- 2bed, 1bath and 10- 1 bed, 1bath units along with a 1 bedroom house and garages and in front 2 commercial units. 8687 sq feet for the 12 units and house + 1220 sq feet for the 2 commercial units totaling 9907 sq feet. The hair salon has 740 sq feet and rents for $540 and the sandwich shop has 480 sq feet and rents for $450 per month. Buyer to cooperate with seller in an IRS 1031 tax deferred exchange. Please drive by only.

  • Interior Features
  • Accessibility Features: Disability Access: None
  • Sqft Source: Square Foot Source: Assessor
  • Electric: Electric Meter: 13
  • Exterior Features
  • Construction: Construction Description: Frame & Stucco, Exterior Construction: Stucco
  • Garage/Parking: Number of Garages: 3, Number of Parking Spaces: 24
  • Lot: Lot: 8, Have: 13 units + 2 commercial, Fee for Land Lease
  • Style: Style: Contemporary
  • Building: Buildings: 3, Vacancy Percent: 3
  • Entry: Entry Locaton: Ground Level - no steps
  • Location: Cross Street: Artesia/Clark
  • Community Features
  • Utilities: Water Meters: 3, Gas Meter: 13
  • Community Details: Builder Tract Name: Other
  • Financial: Tax Expense: 20000, Gross Scheduled Income: 152640, Operating Expenses: 62918, Electric Exense: 960, Workers Comp Expense: 437, Advertising Expense: 600, Gas Expense: 2500, Trash Expense: 1400, Water & Sewer Expense: 2500, Manager Expense: 4080, Pest Expense: 990, License Expense: 195, Annual Vacancy Expense: 4579, Annual Gross Rent: 152640, Insurance Expense: 4600, Gardener Expense: 2400, Maintenance Expense: 15200, Gross Operating Income: 148061, Tenant Pays Electric, Management Expense: 7060, Gross Monthly Income: 12720, Operating Income: 85143, Assessment: Bellflower Nor, Income Gross Multiplier: 10.15, Price Per Sqft: 158.05, Annual Gross Income: 152640, Laundry Income: 85, Total Expense: 62918, Tenant Pays Gas
  • Possession: Possession: Close of Escrow
  • School Information
    Listing information courtesy of: Diversified Capital Investment
    Agent: Rod Kossack



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    Data last updated: 9/6/2008.

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