22-Unit Apartment
For Sale
$6,750,000
17100 Downey Avenue, Bellflower, CA 90706
Gated Bellflower community with renovated interiors, garage parking, a pool, and direct access to the 91 Freeway.
Property Size18,200 SF
Days on Market230
Property Features for 17100 Downey Avenue
General Information
Standard status
Active
Size
18,200 SF
Total Parking Spaces
33
Property subtype
Apartment
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
22
Amenities
leased laundry facility
courtyard
pool
gated entry
Building Details
Building Size
18,200 SF
Year Built
1972
Listing Agency:
Mark Bridge, Broker
(949) 474-4004
Listed By:
Mark Bridge · License #01316702
Source:
Archetyperealty
Added: Dec 16, 2025
Changed: Aug 2
Last Checked: Aug 3 at 11:20AM
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 Mark Bridge, Broker
Investment Insights
Based on property information with market context.
Casa Segura Apartments is a 22-unit multifamily property built in 1972 at 17100 Downey Avenue in Bellflower, California. The community includes predominantly large two-bedroom apartments, with many units paired with garage parking. Interior improvements include quartz countertops, vinyl plank flooring, updated cabinet hardware, new bathroom vanities, and reglazed showers. Units also feature gas cooking, gas wall heating, and wall-mounted air conditioning.
Property amenities and infrastructure include copper plumbing, individually metered gas and electricity, a leased laundry facility, an interior courtyard, and a pool. The site provides 21 garages and 12 assigned parking spaces within a secured, gated setting, with newly paved asphalt throughout. The pitched composition roof is approximately 8 years old. The property fronts Downey Avenue and offers immediate access to the 91 Freeway for travel throughout Southeast Los Angeles County and beyond.
Property amenities and infrastructure include copper plumbing, individually metered gas and electricity, a leased laundry facility, an interior courtyard, and a pool. The site provides 21 garages and 12 assigned parking spaces within a secured, gated setting, with newly paved asphalt throughout. The pitched composition roof is approximately 8 years old. The property fronts Downey Avenue and offers immediate access to the 91 Freeway for travel throughout Southeast Los Angeles County and beyond.
Key Highlights
- 22‑unit apartment property built in 1972
- Predominantly large two‑bedroom units with many paired garage spaces
- 21 garages and 12 assigned parking spaces
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $578.8k | $31.80 |
| − Vacancy | −$46.3k | −$2.54 |
| EGI | $532.5k | $29.26 |
| − OpEx | −$239.6k | −$13.17 |
| NOI | $292.9k | $16.09 |
18,200 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.18M
$3.66M – $4.88M
NOI $292,853 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.74M
$8.53M – $11.37M
NOI $682,095 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
22
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,074
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Gated Bellflower community with renovated interiors, garage parking, a pool, and direct access to the 91 Freeway.
Where is this apartment building located?
The property is located at 17100 Downey Avenue Bellflower, CA.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 22‑unit apartment property built in 1972; Predominantly large two‑bedroom units with many paired garage spaces; 21 garages and 12 assigned parking spaces
