New Listing
8544 Artesia Boulevard, Bellflower
$1,495,000 - 11 Beds, 7 BathsMLS® # TR24048653
Christina Wong Newco Realty
9533 Somerset Boulevard, Bellflower
$1,900,000
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5 Beds
5 Baths
5,834 Sqft
.33 Acre
0 Garage
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.
Essential Information
- MLS® #
- 23255865
- Price
- $1,900,000
- Bedrooms
- 5
- Bathrooms
- 5.00
- Square Footage
- 5,834
- Acres
- 0.33
- Year Built
- 1955
- Type
- Residential Income
- Status
- Active
Community Information
- Address
- 9533 Somerset Boulevard
- City
- Bellflower
- County
- Los Angeles
- Zip Code
- 90706
- Senior Community
- N
Area
RJ - Bellflower N of Alondra, W of Bellflower
Amenities
- Parking Spaces
- 9
- Parking
- Covered
- Garages
- Covered
Interior
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- # of Stories
- 1
- Stories
- One
Additional Information
- Date Listed
- March 29th, 2023
- Days on Market
- 381
- Zoning
- BFR3YY
Listing Details
- Agent
- David Oronoz
- Office
- Skyline Commercial Real Estate
Property History
Status Changed from Pending to Active
Status Changed from Active to Pending
Price Reduced from $2,195,000 to $1,900,000
Price Reduced from $2,250,000 to $2,195,000
LISTING MAP
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Buyer's Agent
Listing Agent
David Oronoz - Skyline Commercial Real EstateBased on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2024 at 2:16pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.