Bellflower, CA 90706,9523 Cedar Street
Listed by Steve Kang • Masters Realty Eastern Group
Bought with Steve Kang • Masters Realty Eastern Group

$2,500,000

Est. payment /mo

$2,499,000

Est.Price: ?

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9523 Cedar Street Bellflower, CA 90706

6,671 SqFt

SOLD DATE : 01/14/2022

Key Details

Sold Price $2,500,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,671 sqft

Price per Sqft $374

MLS Listing ID CRTR21221470

Sold Date 01/14/22

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1976

Lot Size 0.449 Acres

Property Description

Owning rental real estate can be a smart way to diversity your investment portfolio and generate a steady income. A multi-family property can multiply your income with only incremental added cost. Multi-family rentals are typically easier to finance, compound returns more quickly, tend to benefit from economies of scale. THESE 6 INDIVIDUALLY SEPARATED UNITS ARE THE BEST ONE FOR THE ABOVE CONDITION!!! All units have it's own privacy like single family units. Most units were remodeled inside including kitchen, some bathrooms, flooring except one unit which had newer flooring. The biggest unit was remodeled completely 3 years ago and has 3 bedrooms and 3 bathrooms with two car attached garage directly accessing into the house and has it's own back yard. All other 5 units have it's own attached one car garage and parking spaces separately and have wash and dryer hook ups in the garage.

Location

State CA

County Los Angeles

Interior

Heating Forced Air, Natural Gas, Other

Cooling Central Air, Other

Fireplace No

Appliance Gas Water Heater

Laundry In Garage, Other

Exterior

View Other

Building

Lot Description Other, Garden

Water Public

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Alessandra Imanabadi

Alessandra Imanabadi

Nationwide Fine Homes

+1(510) 504-2528

Our team is ready to help you sell your home for the highest possible price ASAP


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agent

Alessandra Imanabadi

Broker/ Realtor | License ID: 01390368 NMLS Lic.# 328245

+1(510) 504-2528

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