$1,499,999
For Sale

9455 Cedar Street

Bellflower, CA 90706
0.45 acres | #SR24227016
Listing OfficeElement RE, Inc
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Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Introducing an inviting THREE unit property located in the heart of Bellflower, CA where charm meets opportunity. This property offers a classic design and a spacious layout, perfect for those who appreciate character. The property boasts three distinct units, perfect for investors or homeowners looking for upside opportunity. This property can bring in additional rental income that helps offset costs to own, or multi-generational living where your family can build generational wealth and memories. Unit 1: This spacious 2-bedroom, 1-bath front unit has original character and original hardwood floors under the carpet in beautiful condition, and is ready for immediate move-in. Middle Unit 2: The 3-bedroom, 1-bath unit with a 2 car garage, and is equally appealing. Unit #3 is 5 bedrooms, 2 baths featuring a generous sized kitchen, large formal sitting room, and generous sized bedrooms, a 2 car garage This back unit only needs your fresh imagination and your end result will be limitless. The open layout makes the space feel bright and welcoming, and is just waiting for some updating. All the units have great sized gated yards. Your children and pets will be living the dream. While the home is priced with consideration to the work needed, it's potential is undeniable. With its charm, expansive layout, and unbeatable location, it’s a place you’ll want to come home to every day. The property is located in a friendly neighborhood with good schools, shopping, dining, gyms, parks, amenities, and sidewalks for your nightly strolls. Bellflower does not have local rent control, making this property an investor's dream. There is easy freeway access to Long Beach, Los Angeles airport,Orange county, Knott's Berry Farm, the Porsche experience, and Disneyland, just to name a few gems nearby. Disclosures: This is a trust sale, and the owner passed peacefully on the property. This home may offer additional potential with the option to build up to 10 units with the new SB-10 Planning and zoning: housing development: density. Check with your local planning division. Check out the VALUE Range listed on this property Full price offers of $1499000 can request carpet and landscape credits.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerConnected
      • Lot DescriptionZeroToOneUnitAcre, FrontYard, Lawn, StreetLevel, ValueInLand
      • InteriorStorage, AllBedroomsDown, BedroomOnMainLevel
      • ViewNeighborhood
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,399,000
      • MLS #SR24227016
      • MLS #SR24227016
      • Cost1499999
      • Property SubtypeTriplex
      • Acres0.4501
      • Utility SourcePublic
      • Year Built1959
      • Stories1
      • Parking Spaces4

Location

Lucy & ArmenReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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