9137

PARK STREET


9137 PARK STREET, BELLFLOWER, CA 90706

Price 2,550,000    |    (7) 2-3 Bed    |    (7) 1.5-2.5 Bath    |    10,282 Sq Ft

Built in 1977, this sprawling townhouse complex located 1 mile west of Downtown Bellflower, features seven value-add townhouse-style units not subject to local rent control. This value-add property falls under State of California rent control, which allows for an annual rent increase of 5% + CPI (currently 8.8%). Residing on an 18,842 SF lot, 9137 Park features an attractive unit mix comprising of (1) 3-bdrm. & 2.5-bath single-family home 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). 9137 Park is offered in conjunction with another 7-unit townhouse-style complex that is three parcels away (9203 Park) and can be purchased individually or together.

WOULD YOU LIKE TO KNOW MORE?

Jon Granston


858.252.0652

jon.granston@compass.com
GranstonGroup.com

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Jon Granston  |  CA DRE #01876007
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© Compass 2023. All Rights Reserved by Compass. Made in NYC. The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.