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Active
9533 Somerset Blvd Bellflower, CA 90706
$2,425,000
10 beds
5,834 sq ft

Courtesy of Skyline Commercial Real Estate 949-688-6530

Team Members Representing this Property

  • David Oronoz

    David Oronoz

    Listing Agent

    DRE# 01838862

  • Ryan Pratt

    Ryan Pratt

    Listing Agent

    DRE# 02179841

Property Description

We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 65% upside in rents and nearly a 6% cap rate on market rents.

Property Details & Features

Property Type

  • Multi Family Residence

Year Built

  • 1955

Appliances and Equipment

  • None

Bathrooms

  • 10.00 total bathrooms

Bedrooms

  • 10 total bedrooms

House

  • 5,834 sq ft
  • Built in 1955

Cooling

  • Wall/Window

Disclosures

  • None

Garage

  • Covered Parking

Water

  • Water: Water District

Heating

  • Wall

Listing

  • ListDate: 2022-09-07
  • PricePerSqFt: $416
  • 23 days on market

Location

  • County: Los Angeles
  • ListingArea: Bellflower N of Alondra, W of Bellflower

Lot

  • LotAcreage: 0.1653
  • LotSizeArea: 14,401
  • 2-4 Lots

Parking

  • TotalParking: 9

Property

  • NumberOfUnits: 9
  • OtherStructures: Other
  • Zoning: BFR3YY

Sewer

  • In Street

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