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    16131 Eucalyptus Avenue

    Bellflower, CA 90706
    • $10,300,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: PW21155394
    UPDATED: 195 min ago
    $10,300,000
    • 0
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    16131 Eucalyptus Avenue is a 37-unit apartment community located in the highly desirable rental market of Bellflower. The offering at Eucalyptus Avenue has recently and thoroughly renovated with numerous exterior and interior upgrades. Eucalyptus Avenue is comprised of a desirable unit mix of 1, 2 & 3-bedroom units while offering its tenants features such as privacy screen doors, gated entry & parking, and on-site laundry facilities. This investment opportunity offers significant upside on current rents while being the only building of its size available in Bellflower, making this a rare and outstanding opportunity for any new investor.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119369968
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    16131 Eucalyptus Avenue Bellflower, CA 90706

    • Price: $10,300,000
    • Status: Active
    • Updated: 195 min ago
    • ID#: PW21155394
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    1962
    Built
    Neighborhood:
    RH - Bellflower N of Alondra, E of Bellflower
    County:
    Los Angeles
    Area:
    RH - Bellflower N of Alondra, E of Bellflower
    Property Description
    16131 Eucalyptus Avenue is a 37-unit apartment community located in the highly desirable rental market of Bellflower. The offering at Eucalyptus Avenue has recently and thoroughly renovated with numerous exterior and interior upgrades. Eucalyptus Avenue is comprised of a desirable unit mix of 1, 2 & 3-bedroom units while offering its tenants features such as privacy screen doors, gated entry & parking, and on-site laundry facilities. This investment opportunity offers significant upside on current rents while being the only building of its size available in Bellflower, making this a rare and outstanding opportunity for any new investor.
    Exterior Features

    Carport Spaces 16 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 38 Open Parking Spaces 33 Parking Total 49 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsSidewalksUrban Electric Expense 6678 Fuel Expense 6678 Garage YN No Gross Income 690624 Gross Scheduled Income 712836 Insurance Expense 12316 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 465731 New Construction YN No Number Of Separate Gas Meters 38 Number Of Separate Water Meters 1 Operating Expense 225720 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 6678 Water Sewer Expense 6678 Water Source Public Zoning Bfr3*

    Listing provided courtesy of Doug Rodermund of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101