6-Unit Multifamily
For Sale
$1,595,000
15732 Santa Ana Ave, Bellflower, CA 90706
All residences offer a two-bedroom, one-bathroom layout with on-site laundry and separately metered utilities.
Property Size5,056 SF
Price / SF$315.47
Days on Market55
Property Features for 15732 Santa Ana Ave
General Information
Standard status
Active
Size
5,056 SF
Total Parking Spaces
12
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Amenities
on-site laundry
Building Details
Year Built
1955
Listing Agency:
Remax Commercial and Investment Realty
(949) 607-7096
Listed By:
Nicholas Petrosian · License #01462598
(949) 607-7096
Source:
Exprealty
Added: Jul 8
Changed: Aug 30
Last Checked: Aug 30 at 4:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Commercial and Investment Realty
Investment Insights
Based on property information with market context.
This 5,056-square-foot multifamily property contains six residences, each configured with two bedrooms and one bathroom. Constructed in 1955, the building is described as well maintained, with upgraded wood vinyl flooring in most units.
Parking includes six single-car garages and six open spaces. Gas and electricity are separately metered, and an on-site laundry facility serves the property. Located at 15732 Santa Ana Ave in Bellflower, the property offers access to the 91, 605, and 710 freeways.
Parking includes six single-car garages and six open spaces. Gas and electricity are separately metered, and an on-site laundry facility serves the property. Located at 15732 Santa Ana Ave in Bellflower, the property offers access to the 91, 605, and 710 freeways.
Key Highlights
- Six 2‑bed/1‑bath units in a 5,056‑square‑foot multifamily property
- Built in 1955 with upgraded wood vinyl flooring in the majority of units
- Parking includes six single‑car garages plus six open spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,355
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,627,100
$1.6M
Cap Rate 7%
$1,162,214
$1.2M
Cap Rate 9%
$903,944
$903.9K
Market Conditions
NOI Build-Up for 5,056 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$160.8K $31.80/SF
− Vacancy
−$12.9K −$2.54/SF
EGI
$147.9K $29.26/SF
− OpEx
−$66.6K −$13.17/SF
NOI
$81.4K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,627,100
Cap Rate 7%
$1,162,214
Cap Rate 9%
$903,944
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,355 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,487 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,676
Businesses Nearby
Explore this area
Business Placement
Demographics for 90706, CA
79,179
Population
24,499
Households
3.2
Avg Household Size
36
Median Age
20%
College-Educated
78%
High-School Grad
6.1 sq mi
ZIP Area
12,980
Density / Sq Mi
$77,602
Median Household Income
$38,452
Median Earnings
$1,771
Median Rent
$661,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - All residences offer a two-bedroom, one-bathroom layout with on-site laundry and separately metered utilities.
Where is this apartment building located?
The property is located at 15732 Santa Ana Ave Bellflower, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Six 2‑bed/1‑bath units in a 5,056‑square‑foot multifamily property; Built in 1955 with upgraded wood vinyl flooring in the majority of units; Parking includes six single‑car garages plus six open spaces
