9209 Artesia Blvd Bellflower, CA 90706-6269

This meticulously renovated six-unit apartment building in Bellflower, CA, presents a compelling investment opportunity. The property, located at 9209 Artesia Blvd, boasts 4,610 square feet on a 0.29-acre lot (APN 7162-017-032) and is zoned BFM1. The building, constructed of two one-story structures, underwent a complete renovation in 2023, including new kitchens, bathrooms, flooring, lighting, windows, and a new 30-year roof (installed in 2022). Improvements also encompass a new remote-controlled gate, mailbox, electrical system, plumbing, heating, ceiling fans, and exterior doors and windows. The unit mix includes four 2-bedroom/1-bathroom units, one 3-bedroom/2-bathroom unit, and one 1-bedroom/1-bathroom unit. Seven carport parking spaces and two garages (currently rented for storage) are also available. The property is currently 100% occupied with all tenants on 12-month leases, responsible for their own gas and electric utilities; water and trash are covered by the owner. The asking price is $1,850,000 ($401.30/sq ft, $308,333.33/unit), representing a stabilized investment in a prime location with convenient access to major transportation hubs in Southern California, including LAX, and nearby cities like Cerritos, Lakewood, and Downey. Bellflower has no rent control.