Located just a 2-minute walk from Downtown Bellflower, this 16-unit multifamily property offers a 6.00% actual CAP rate with 7.27% pro forma potential. The property features a balanced unit mix of (8) two-bedroom/one-bath and (8) one-bedroom/one-bath units, with 24 parking spaces, spacious patios and balconies, tenant storage lockers, and a large laundry facility. With over $500,000 in capital improvements—including a new roof, electrical subpanels, vinyl windows, upgraded landscaping, renovated interiors, and completed SB 721 balcony work—the property offers investors a well-maintained asset with additional income potential and no local rent control, subject to California AB 1482.
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