9240 Palm St Bellflower, CA 90706
16-unit apartment building in Bellflower, Los Angeles County.
Property Features for 9240 Palm St
General Information
- Standard status
- Active
- Size
- 13,421 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1963
Listing office Morgan Skenderian Investment Real Estate Group (949) 251-8800
Listing date Feb 25, 2026
Source Crexi
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 Morgan Skenderian Investment Real Estate Group
Investment Insights
Based on property information with market context.
Key Highlights
- 16‑unit apartment building featuring a mix of 1‑bedroom/1‑bathroom and 2‑bedroom/2‑bathroom units.
- Located in Bellflower, a family‑oriented community.
- No municipal rent control.
Local 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 | $426.8k | $31.80 |
| − Vacancy | −$34.1k | −$2.54 |
| EGI | $392.6k | $29.26 |
| − OpEx | −$176.7k | −$13.17 |
| NOI | $216.0k | $16.09 |
