#OC24059675, Kevin Liang, Listing Office: KW Spectrum Properties

9816 Park St Bellflower, CA 90706
Property details
About 9816 Park St
Discover this exceptional investment opportunity in Bellflower! This well-maintained 9-unit apartment complex, built in 1972, offers a mix of 1 and 2 bedroom units. With 6,466 sq ft of living space on a 10,083 sq ft lot, this property boasts a strong current NOI of $123,482 with potential for increased returns. Recent upgrades include a new roof (2007), full copper repipe (2011), and a new 100-gallon water heater (2022). Conveniently located near major highways and shopping centers, this turnkey property features on-site laundry and 11 parking spaces. With a 100% occupancy rate and a favorable cap rate of 5.33%, this is an ideal addition to any investment portfolio.
Highlights
Summary
- MLS Number: DW24247519
- MLS Name: CRMLS
- Office Name: eXp Realty of California Inc.
- Office Phone: (562) 888-0488
- Listing Agent: Martin Marquez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,315,000
9816 Park St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 07, 2009 | Home Sold | $1,150,000 |
Feb 17, 1989 | Home Sold | $595,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,452,926 | $19,056 |
2023 | $1,424,459 | $18,326 |
2022 | $1,396,550 | $18,012 |
2021 | $1,369,188 | $17,637 |
2020 | $1,354,111 | $17,197 |
2019 | $1,327,561 | $16,713 |
2018 | $1,301,532 | $16,350 |
2017 | $1,276,013 | $16,350 |
History based on county public records data.
Nearby schools
7
Thomas Jefferson Elementary
Public District KG-6
0.6 mi
•10027 Rose St
4
Ramona Elementary
Public District KG-6
0.7 mi
•9351 Laurel St
4
Craig Williams Elementary
Public District KG-6
0.9 mi
•6144 Clark Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,872. Residents of Bellflower, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 9816 Park St
This home is located at 9816 Park St in Bellflower, CA and zip code 90706 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $2,315,000.
In February 2025 more than 8 listings in Bellflower, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below. In February 2025 in Bellflower, CA there were 10.9% less homes for sale than in January. In February 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $770,000.