9533 Somerset Boulevard, Bellflower, CA 90706
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Sold Price :
$1,765,000
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Beds :
10
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Baths :
10
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Property Size :
5,834 sqft
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Year Built :
1955
Property Description
We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Most units contain washer and dryer hookups. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 40% upside in rents and nearly a 7.5% cap rate on market rents.
Interior Features
Bedroom Information |
Bedrooms |
10 |
Bathroom Information |
Bathrooms |
10 |
Interior Information |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
9533 Somerset Boulevard |
City |
Bellflower |
State |
CA |
Zip |
90706 |
County |
Los Angeles |
Listing Agent |
David Oronoz DRE #01838862 |
Courtesy Of |
Skyline Commercial Real Estate |
Close Price |
$1,765,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
5,834 |
Lot Size |
14,401 |
Year Built |
1955 |
Listing information courtesy of: David Oronoz, Skyline Commercial Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of May 13th, 2024 at 4:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.