Just Listed!
Located in the City of Bellflower, these 2 townhousestyle complexes are not subject to local rent control. The State of California allows for an annual rent increase of 5% + CPI (currently 8.8%).
SPACIOUS TOWNHOMES W/ GARAGES
Property #1 - Each unit features a back patio, a one car garage
with a side-by-side washer and dryer, and an uncovered parking space. The complex resides on an 18,842 SF lot with the possibility of adding one or more ADUs (buyer to verify).
Priced at $2,650,000
Property #2 - Each unit features a back patio and a two- car garage with a side-by-side washer and dryer. The complex resides on a 19,535 SF lot with the possibility of adding one or more ADUs (buyer to verify).
Priced at $2,680,000
VALUE-ADD OPPORTUNITY
Property #1 - Presents approx. 27% rental upside compared to renovated townhomes in the area.
Property #2 - Presents approx. 37% rental upside compared to renovated townhomes in the area.