Sold
Closed
9137 Park Street
Bellflower CA, 90706
$2,300,000
$266.57 per sqft
Sold
Closed
15 Beds
11 Baths
8,628 sqft
Residential
Built in 1977
Listed by Kenny Stevens with Compass 310-968-7005
9137 Park is a sprawling townhouse complex located 1 mile west of Downtown Bellflower that features seven value-add townhouse-style units not subject to local rent control. These townhomes fall under State of California rent control, which allows for an annual rent increase of 5% + CPI (currently 8.8%). The property presents approx. 27% rental upside compared to renovated townhomes in the area, and is offered at $296 per foot, which at the list price it stabilizes at a 6.07% CAP rate and 11.49 GRM. Residing on an 18,842 SF lot, 9137 Park features an attractive unit mix comprising of (1) 3-bdrm. & 2.5-bath single-family townhome and (6) 2-bdrm. townhouse-style units. Each unit features a back patio, a one-car garage with a side-by-side washer and dryer, and an uncovered parking space. Please note, there may be a possibility for a future owner to add an ADU or two (buyer to verify).
23307811
MLSⓇ ID
September 5, 2023
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
15
Total Bathrooms
11
Appliances
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Laundry Description
In Garage
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.43 Acres
Other Property Details
Area Name
RG - Bellflower North of 91 Frwy, S of Alondra
Days on Market
93
Garage
Yes
Garage Spaces
7
Parking
Door-Single, Garage, Uncovered
Parking Total
14
View
No
View Description
None
County
Los Angeles
Zoning
BFR2PD*
Listing History
Date | Event | Price |
|---|---|---|
12/29/2023 | Price change | $2,300,000 -10% |
12/29/2023 | Sold | $2,300,000 |
10/7/2023 | Price change | $2,550,000 -4% |
Listing Contact: 310-230-5478
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 2/21/2025 at 5:57 PM UTC