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9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
9533 Somerset Boulevard
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$1,765,000

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. 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.

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Location

9533 Somerset Boulevard, Bellflower, CA 90706

Status

Sold
David Oronoz

David Oronoz

TITLE

Principal | Multifamily Investments

Property Amenities

Interior
Total Bedrooms: 10
Area & Lot
Lot Area 0.33 Acres
Living area 5,834 Sq.Ft.
MLS® ID 23255865
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 $1,765,000

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