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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 4,199,000

Est. payment | -/mo

5 Beds

4 Baths

0.82 Acres Lot

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$ 4,199,000

Est. payment | -/mo

Save

5 Beds

4 Baths

0.82 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26130465

Bedrooms 5

Lot Size 0.824 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Situated in the heart of Bellflower, 9339 Ramona St. presents a rare opportunity to acquire a 14-unit apartment complex on an expansive 35,914 square foot lot a land position that is exceptionally difficult to replicate in today's market. The property features an outstanding unit mix anchored by 13 spacious 2-bedroom/1.5-bath townhome-style residences averaging approximately 990 square feet, offering tenants the feel of a single-family home at apartment pricing. The front house is a bungalow-style residence with private garages. Significant capital improvements have already been completed across the property, including new roofs installed on all three buildings, new interior subpanels throughout, and a complete repipe of the 6-unit building at the rear of the property providing a new owner with a well-maintained asset and meaningfully reduced near-term capital expenditure risk. A beautifully landscaped park-like courtyard delivers exceptional outdoor amenity space for residents, while the expansive driveway corridor along the right side of the property presents a compelling ADU development opportunity a significant value-add in California's pro-ADU regulatory environment. Two parking spaces per unit round out the offering, a highly sought-after feature in the Southern California rental market. Bellflower sits at the core of the Southeast Los Angeles County submarket, one of the most resilient rental corridors in the greater LA basin. With 62% of residents renting rather than owning, the city maintains a deeply embedded renter base with consistently strong occupancy. Curr

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Exit 91 Freeway, drive South on Clark Ave and turn right on Ramona St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7162013025

Acceptable Financing Cash

Listing Terms Cash

Listed by Justin White, DRE#01267826 Justin White

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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9339 Ramona Bellflower, CA 90706