9209 Artesia Boulevard

Bellflower, CA 90706

$1,850,000
Price
12
Beds
4,610 Sq. Ft.
$401 / Sq. Ft.
4,610
Sq. Ft.
$401
per Sq. Ft.

Description

Attention investors! This is an extraordinary opportunity to acquire a versatile Commercial/Residential Income Property in the highly desirable City of Bellflower. You won't want to miss out on this must-see investment property, featuring 6 recently renovated units. Each unit has undergone meticulous rehab, including brand new kitchen cabinets, updated laminate flooring, upgraded recessed lighting, modern dual pane windows, and stylish bathrooms. The property offers a variety of unit configurations,...Attention investors! This is an extraordinary opportunity to acquire a versatile Commercial/Residential Income Property in the highly desirable City of Bellflower. You won't want to miss out on this must-see investment property, featuring 6 recently renovated units. Each unit has undergone meticulous rehab, including brand new kitchen cabinets, updated laminate flooring, upgraded recessed lighting, modern dual pane windows, and stylish bathrooms. The property offers a variety of unit configurations, including (4) spacious 2-bedroom/1-bathroom units, (1) 3-bedroom/2-bathroom unit, and 1 charming 1-bedroom/1-bathroom unit at the front. 7 carport parking spots and 2 car garages, with one currently rented as a storage unit. Additional renovations have been done to this property, including a new 30-year roof installed in 2022, a remote-controlled gate, new dual pane windows and doors, a multi-unit mailbox, and upgraded electrical, plumbing, and heating systems. Each unit is equipped with ceiling fans, modern kitchen cabinets, stylish bathroom showers, and sinks. Tenants are responsible for gas and electric, while the landlord covers water and trash. With all tenants on 12-month leases, you can expect stability and consistent income. Conveniently located in the heart of LA and Orange County, this property offers easy access to major freeways, (5, 91, 105, 710 and 605), and relatively close to Cerritos, Lakewood, and Downey malls, LAX, and more. What's more, the city of Bellflower does not have rent control, providing investors with even greater potential for return on investment. Don't hesitate, act quickly to secure this incredible opportunity. Remember, opportunities like this are rare. Don't miss your chance to own this remarkable property.
  1. Listed by Tony Lopez • DRE #01752038 • Brokerage DRE #02211662 • Berkshire Hathaway HomeService • 562-762-7403

Property Details for 9209 Artesia Boulevard

Architectural Style
Contemporary
View
None
Parking Spaces Total
12
Private Pool
No
Cooling Type
None
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Berkshire Hathaway HomeService, Tony Lopez, DRE #01752038
Add your commute
LISTING UPDATED: 04/28/2024 01:44 PM

Property Details for 9209 Artesia Boulevard

StatusActive
MLS #RS24008638
Days on Market107
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1951
Lot Size0.29 AC / 12,664 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeService, Tony Lopez, DRE #01752038
Add your commute

Building Information for 9209 Artesia Boulevard

Stories1Residences-Year Built1951Building Size-Lot Size0.29 AC / 12,664 SF

Payment Calculator

$11,300 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,204

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9209 Artesia Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $164,400
  • Gross Scheduled Income: $159,600
  • Vacancy Allowance Rate: 1
  • Gross Operating Income: $159,600
  • Net Operating Income: $127,616
  • Number Of Rented Garages: 1
  • Laundry Income: $0
  • Other Income Description: Storage Rent
  • Other Income 1: $4,800
  • Cap Rate: 6.87
  • Current Financing: Private
Expense Details
  • Operating Expense: $31,984
  • New Taxes Expense: $23,125
  • Fuel Expense: $0
  • Licenses Expense: $72
  • Electric Expense: $0
  • Insurance Expense: $3,500
  • Professional Management Expense: $0
  • Trash Expense: $4,259
  • Water Sewer Expense: $1,028
  • Total Expenses: $31,984
Tax / Assessment Info
  • Tax Rate: 1.25
  • Tax Year: 2022
  • Tax Annual Amount: $21,250
  • Tax Tract Number: 0000
  • Tax Lot: 0000
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Storage
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Drywall Walls, Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior Features: Awning(s)
  • Roof: Composition, Mixed, Reflective, Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Partial
  • Fencing: Brick, Partial
  • Foundation Details: Combination, Raised, Slab
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, No Landscaping
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street, Highway
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 2
  • Carport Spaces: 7
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1800
  • Unit Type Area: 450
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: 9211
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3200
  • Unit Type Area: 960
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: 9209
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: 9207 3/4
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: 9207 1/2
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: 9207 1/4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
  • Unit Type Description: 9207
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 9209 Artesia Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9209 Artesia Boulevard

Taxable ValueLand$780,000Additions$327,000Total$1,107,000
Tax Record2023$14,442 ($1,204 / month)
Home Facts
Total Finished SqFt4,610 SqFtAbove Grade Finished SqFt4,610 SqFtStories1Lot Size12,664 SqFtStyleOffice BuildingYear Built1951ZoningBFM1*CountyLOS ANGELESAPN7162-017-032

Schools near 9209 Artesia Boulevard

This home is within Bellflower Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - 7 to 12
Public - K to 12
Rating
School
Distance
Craig Williams Elementary School
PublicK to 6

Mayfair High School
Public7 to 12

Somerset Continuation High School
Public7 to 12

Bellflower Alternative Education Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9209 Artesia Boulevard is a mixed use property for sale in Bellflower, CA 90706. This property was listed for sale on January 15, 2024 by Berkshire Hathaway HomeService, it's currently listed at $1,850,000. It has been on the market for a total of 107 days and was last sold on September 29, 2021. This listing's school district is Bellflower Unified School District. Nearby schools include Craig Williams Elementary School, Mayfair High School and Somerset Continuation High School. 9209 Artesia Boulevard is a 12-bed, 0-bath, 4,610 sqft mixed use property built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService, Tony Lopez, DRE #01752038

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.