Duplex With Two-Car
For Sale
Under Contract
$1,000,000
9540 Park Street, Bellflower, CA 90706
Bellflower, CA
Property Size2,370 SF
Lot Size0.21 Acres
Price / SF$421.94
Days on Market87
Property Features for 9540 Park Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
BFR2
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Laundry Room, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 5
Parking
8
Parking features
Garage, Driveway
Lot features
Lot 6500-9999, Back Yard, Yard
Directions
91 FWY, Exit Clark Ave and go north, left on Park Street.
Subdivision
RG - Bellflower North of 91 Frwy, S of Alondra
Standard status
Active Under Contract
APN
7110022031
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Public Sewer
Heating system
Central
Water source
Public
Building Details
Year built
1971
Floors in Building
1
Number of units
2
Building materials
Concrete, Stucco
Listing Agency:
ReMax Tiffany Real Estate · RE/MAX International
(714) 763-2100
Listed By:
Sophea Pel · License #01491556
(562) 489-6670
Added: Jun 21
Changed: Sep 15
Last Checked: Sep 15 at 11:06AM
MLS# PW26135311
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1971 duplex contains two separate residences with approximately 2,370 square feet of living space, five bedrooms, and three bathrooms in total. The property features concrete and stucco construction, central heating, private living areas, driveway parking, and a two-car garage for each unit. A 9,303-square-foot lot adds outdoor space and room for the existing improvements.
Located in Bellflower, the property is near shopping, restaurants, schools, parks, and public transportation. Regional access includes the 91, 605, and 710 Freeways, providing connections for local travel and commuting. Public water and public sewer serve the property, which is zoned BFR2.
Located in Bellflower, the property is near shopping, restaurants, schools, parks, and public transportation. Regional access includes the 91, 605, and 710 Freeways, providing connections for local travel and commuting. Public water and public sewer serve the property, which is zoned BFR2.
Key Highlights
- Two separate residences with approximately 2,370 square feet of living space
- Five bedrooms and 3 bathrooms across the duplex
- 9,303‑square‑foot lot in Bellflower
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
$41,389
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
4.14%
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%
$827,780
$827.8K
Cap Rate 7%
$591,271
$591.3K
Cap Rate 9%
$459,878
$459.9K
Market Conditions
NOI Build-Up for 2,370 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
$64.0K $27.00/SF
− Vacancy
−$4.9K −$2.05/SF
EGI
$59.1K $24.95/SF
− OpEx
−$17.7K −$7.48/SF
NOI
$41.4K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
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%
$827,780
Cap Rate 7%
$591,271
Cap Rate 9%
$459,878
Alternative Uses
Best Use
Multifamily LT 5
$591.3K
$517.4K – $689.8K
NOI $41,389 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$544.8K
$476.7K – $635.6K
NOI $38,135 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,822 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,969
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private living areas, central heating, and substantial on-site parking.
Where is this duplex located?
The property is located at 9540 Park Street Bellflower, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Two separate residences with approximately 2,370 square feet of living space; Five bedrooms and 3 bathrooms across the duplex; 9,303‑square‑foot lot in Bellflower
