9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
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$1,720,000

9533 Somerset Boulevard

10 Beds 10 Baths 5,834 Sq.Ft.

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. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 65% upside in rents and over a 6.5% cap rate on market rents.

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Location

9533 Somerset Boulevard, Bellflower, CA 90706

Status

Sold
David Oronoz

David Oronoz

TITLE

Principal | Multifamily Investments

Ryan Pratt

Ryan Pratt

TITLE

Multifamily Investment Advisor

Property Amenities

Interior
Total Bedrooms: 10
Area & Lot
Lot Area 0.33 Acres
Living area 5,834 Sq.Ft.
MLS® ID 22196779
Year Built 1955
Type Residential
Status Sold
Exterior
Stories 1
Air conditioning Wall/Window Unit(s)
Heat type Wall Furnace
Sewer Other
Parking Covered
Finance
Sales Price $1,720,000

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