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9713 Cedar St

Bellflower CA 90706

9
4
19067 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Investors Dream in the Heart of Bellflower! An exceptional investment opportunity at 9713 Cedar Street in Bellflower, CAa rare find with major potential for expansion and strong existing cash flow. Situated on a generous 19,633 sq. ft. lot zoned BFR3, this multi-unit bungalow-style property is primed for both immediate rental income and future development. The current setup includes six units across four structures: A charming 3-bedroom, 1-bathroom front house Two separate units each with two 2-bedroom, 1-bathroom units A cozy 1-bedroom, 1-bathroom unit Two detached garages for added rental income On-site community laundry room for tenant convenience. Zoning and lot size mirror nearby properties that have already been successfully redeveloped into 12-unit complexes, highlighting the significant upside potential. With numerous large-scale new developments in the surrounding area, this property sits in a growth corridor thats gaining momentum fast. The current cap rate outperforms comparable properties on the marketperfect for the savvy investor looking for both stability and opportunity. Motivated seller, priced to sell! Dont miss your chance to own a piece of rapidly growing Bellflower. Explore the possibilities and imagine what you could build here. Schedule a viewing today and see the potential for yourself!

Features

9 bedrooms
4 bathrooms
19067 sq. ft. lot size
Multi-Family

Property history for 9713 Cedar St

2022
Sold
$2,300,000
21 Jan 2022 by Art Olivier, of Cogburn-Miller Realty
2006
Sold
$420,011
29 Dec 2006

Happy sellers in Bellflower

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We have insufficient information to provide an overview of customer satisfaction for Bellflower. Viewing the agent profiles, reviews and sales for Bellflower can provide insights for this location.

Local market activity for 9 bedroom multi families in Bellflower

In the last 12 months, 2 nine-bedroom multi families similar to 9713 Cedar St, have been sold.

This represents a 34% increase in nine-bedroom multi families sales when compared to the previous 12 months.

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