MarketPier

14961 Cerritos Avenue - Bellflower, CA 90706

$1,099,000
Listing Description

Great investment opportunity! Income producing Quadruplex in Bellflower. 4 spacious units, all month to month tenant occupied. Units feature two bedrooms/one bathroom and a separate enclosed patio. Large 12,719 square foot lot. Ample parking including a 2 car garage AND 4 single car garages PLUS 4 parking spaces. Separate gas and electric meters. Plenty of upside with No Rent Control. Close to Kaiser, parks, restaurants, schools and freeways.

Listing Information
MLS Number
PW18294223
APN/Parcel ID
6278008015
Type
Multifamily
Sub Type
Multifamily
Building Size
3,288 sqft
Lot Size
12,719 sqft
Price / SQFT
$334
No Units
4
Price / Unit
$274,750
Gross Scheduled Income
$63,000
Expenses
$19,987
Total Expenses
$19,387
Net Income
$43,013
Listing Date
1/11/2019
Days Active
4
Last Updated
1/16/2019
Listing Provided By
Ginette Skelton
Coldwell Banker Coastal Alliance
BRE# 01795366

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