5-Unit Apartment
New
For Sale
$1,450,000
9745 Maple, Bellflower, CA 90706
Each residence has its own split-system air conditioner, and all five units received remodeling in 2023.
Property Size2,720 SF
Lot Size0.10 Acres
Price / SF$533.09
Days on Market5
Property Features for 9745 Maple
General Information
Standard status
Active
Size
2,720 SF
Lot size
0.10 Acres
Property subtype
Apartment
Financials
Asking Price
$1,450,000
Gross Income
$109,200
Gross Rent Multiplier
13.28
Average Monthly Rent
$1,820
Units
Unit Mix
1 x 3BR, 1 x 2BR, 3 x 1BR
Multifamily Units
5
Additional Details
Highway Access
Yes
Amenities
individual split-system air conditioning
Building Details
Building Size
2,720 SF
Year Built
1937
Year Renovated
2023
Buildings
1
Listing Agency:
Empiric Brokers Realty
Listed By:
Dene Molina · License #01067683
(562) 904-9721
Source:
Archetyperealty
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 2:13PM
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 Empiric Brokers Realty
Investment Insights
Based on property information with market context.
This five-unit apartment property contains approximately 2,720 square feet on a 4,315-square-foot lot. The unit mix includes one three-bedroom residence, one two-bedroom residence, and three one-bedroom residences. All units were remodeled in 2023, and each has an individual split-system air conditioner. The property also has a newer electrical panel.
Residents pay their own gas and electricity. There is no on-site parking; street parking is available. Portions of two residential units include areas previously used as office space. The property is in Bellflower, within walking distance of shopping, dining, and everyday services, with access to major freeways and nearby commercial and employment areas.
Residents pay their own gas and electricity. There is no on-site parking; street parking is available. Portions of two residential units include areas previously used as office space. The property is in Bellflower, within walking distance of shopping, dining, and everyday services, with access to major freeways and nearby commercial and employment areas.
Key Highlights
- Five apartments: one 3‑bedroom, one 2‑bedroom, and three 1‑bedroom units
- Approximately 2,720 square feet of building area on a 4,315‑square‑foot lot
- All five units remodeled in 2023
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
$43,767
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
3.02%
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%
$875,340
$875.3K
Cap Rate 7%
$625,243
$625.2K
Cap Rate 9%
$486,300
$486.3K
Market Conditions
NOI Build-Up for 2,720 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
$86.5K $31.80/SF
− Vacancy
−$6.9K −$2.54/SF
EGI
$79.6K $29.26/SF
− OpEx
−$35.8K −$13.17/SF
NOI
$43.8K $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 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%
$875,340
Cap Rate 7%
$625,243
Cap Rate 9%
$486,300
Alternative Uses
Best Use
Apartment 5plus
$625.2K
$547.1K – $729.5K
NOI $43,767 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,939 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,141
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has its own split-system air conditioner, and all five units received remodeling in 2023.
Where is this apartment building located?
The property is located at 9745 Maple Bellflower, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Five apartments: one 3‑bedroom, one 2‑bedroom, and three 1‑bedroom units; Approximately 2,720 square feet of building area on a 4,315‑square‑foot lot; All five units remodeled in 2023
