8-Unit Apartment
New
For Sale
$2,650,000
9719 Belmont, Bellflower, CA 90706
The one-story bungalow-style property contains a mix of one-, two-, and three-bedroom residences.
Property Size5,630 SF
Days on Market5
Property Features for 9719 Belmont
General Information
Standard status
Active
Size
5,630 SF
Property subtype
Apartment
Units
Unit Mix
5 x 1BR/1BA, 2 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
8
Additional Details
Gross Income
$202,500
Highway Access
Yes
Tenant in Place
Yes
Amenities
carport parking
on-site laundry facility
low-maintenance landscaping
Building Details
Building Size
5,630 SF
Year Built
1935
Stories
1
Construction
bungalow style
Tenancy
Multi
Listing Agency:
G & V Options & Solutions Inc
Listed By:
Giomar Vasquez · License #01500295
Source:
Velocityrealtysd
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:58PM
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 G & V Options & Solutions Inc
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Investment Insights
Based on property information with market context.
This eight-unit apartment property in Bellflower dates to 1935 and has a one-story bungalow-style design. The unit mix includes five one-bedroom, one-bathroom apartments, two two-bedroom, one-bathroom apartments, and one three-bedroom, one-bathroom apartment. A roof replacement was completed in 2022. On-site features include carport parking and a coin-operated laundry facility; the carport spaces are not included in tenant leases and may be rented separately. All tenant agreements are month to month.
The property is situated between the 91 and 105 freeways and west of the 605. Downtown Bellflower and neighborhood services, including restaurants, markets, banks, retail stores, and gyms, are within walking distance.
The property is situated between the 91 and 105 freeways and west of the 605. Downtown Bellflower and neighborhood services, including restaurants, markets, banks, retail stores, and gyms, are within walking distance.
Key Highlights
- Eight apartments: five 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and one 3‑bedroom/1‑bathroom
- One‑story bungalow‑style design; built in 1935
- Roof replaced in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,591
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,811,820
$1.8M
Cap Rate 7%
$1,294,157
$1.3M
Cap Rate 9%
$1,006,567
$1.0M
Market Conditions
NOI Build-Up for 5,630 SF
Gross rent
$179.0K $31.80/SF
− Vacancy
−$14.3K −$2.54/SF
EGI
$164.7K $29.26/SF
− OpEx
−$74.1K −$13.17/SF
NOI
$90.6K $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 Rate 5%
$1,811,820
Cap Rate 7%
$1,294,157
Cap Rate 9%
$1,006,567
Alternative Uses
Best Use
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,591 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.01M
$2.64M – $3.52M
NOI $211,000 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,834
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The one-story bungalow-style property contains a mix of one-, two-, and three-bedroom residences.
Where is this apartment building located?
The property is located at 9719 Belmont Bellflower, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Eight apartments: five 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and one 3‑bedroom/1‑bathroom; One‑story bungalow‑style design; built in 1935; Roof replaced in 2022
