9339 Ramona Street, Bellflower, CA 90706
Fourteen-unit apartment complex with updated building systems, townhome-style 2-bedroom units, and parking for two cars per home.
- Added:
- Jun 15, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 5:10 am
Property Features for 9339 Ramona Street
General Information
- Standard status
- Active
- Size
- 14,005 SF
- Lot size
- 35,914.00 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1973
Listing agent Justin White License #CA 00875427
Listing office Centennial Advisers (714) 231-2537
Listing date Jun 15, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Centennial Advisers
HighLights
- 14‑unit apartment complex on a 35,914 SF lot in Bellflower (built in 1973).
- Unit mix features 13 townhome‑style 2 bed/1.5 bath units averaging about 990 SF each.
- Front bungalow‑style building includes private garages.
- Capital improvements include new roofs on all three buildings, new interior subpanels, and a complete repipe of the rear 6‑unit building.
- Park‑like landscaped courtyard provides outdoor amenity space for residents.
- Two parking spaces per unit, plus an expansive driveway corridor along the right side that may support ADU development.
Overview
Capital improvements have been completed across the three buildings. New roofs were installed on all three buildings, interior subpanels were added throughout, and the rear 6-unit building has undergone a complete repipe. Off-street parking is provided with two spaces per unit, and the expansive driveway corridor along the right side of the property offers a potential ADU development opportunity.
For buyers seeking a well-maintained multifamily asset, the current tenant mix is anchored by multiple 2-bedroom/1.5-bath townhome-style homes, supported by on-site parking and meaningful system upgrades already in place. The property is positioned within Bellflower’s renter base, where 62% of residents rent. The remarks also note current average rents for 2-bedroom units in Bellflower of approximately $2,480 per month, stated as about 18% above the national average, along with steady year-over-year growth, and they describe upside potential through higher rents.
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 | $445.4k | $31.80 |
| − Vacancy | −$35.6k | −$2.54 |
| EGI | $409.7k | $29.26 |
| − OpEx | −$184.4k | −$13.17 |
| NOI | $225.4k | $16.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bellflower
- County
- Los Angeles
- State
- California
- Longitude
- -118.1349304
- Latitude
- 33.8735414
