11740 Bellflower Boulevard,  Downey CA, 90241 (Residential Income)

5,694 sqft
Status: Sold
MLS#: PW16715556
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Last Updated: 7/24/2017 2:38 AM
Description for 11740 Bellflower Boulevard Downey, CA 90241
Very nice six unit apartment with 12 enclosed garage spaces (2 assigned garage spaces per unit) on large oversized lot of 12,538 square feet. Five of the units were built in 1976 and the front house (3 bedroom & 2 bath) was built in 1948. Over $97,000 in upgrades were made since 1998 (a list will be provided upon request to the listing agent) and include new garage doors on 5 units (with remotes), laminate flooring in all of the units and miscellaneous interior and exterior upgrades. Unit F, the end unit on east side is a 2 bedroom, 1.5 bath two story townhouse with a private yard and patio. It is occupied by the owner and rent shown in the "Unit Information" section is market rent. The front house has an enclosed patio and a front lawn. All apartment units units face a lovely landscaped greenbelt. All units have copper plumbing. The apartment is in above average condition. Rents have been kept low as many long-term tenants; therefore, there is significant upside to future rents. "Unit Information" is listed from Unit A at top to F at bottom. Located a short walk from the new Promenade shopping center and the Downey Landing shopping center. Do not disturb tenants.
Price
Sold Price:
$1,410,000
Sold Date:12/02/2016
Los Angeles
5,694 (approx)
PW16715556
Closed
Description
Very nice six unit apartment with 12 enclosed garage spaces (2 assigned garage spaces per unit) on large oversized lot of 12,538 square feet. Five of the units were built in 1976 and the front house (3 bedroom & 2 bath) was built in 1948. Over $97,000 in upgrades were made since 1998 (a list will be provided upon request to the listing agent) and include new garage doors on 5 units (with remotes), laminate flooring in all of the units and miscellaneous interior and exterior upgrades. Unit F, the end unit on east side is a 2 bedroom, 1.5 bath two story townhouse with a private yard and patio. It is occupied by the owner and rent shown in the "Unit Information" section is market rent. The front house has an enclosed patio and a front lawn. All apartment units units face a lovely landscaped greenbelt. All units have copper plumbing. The apartment is in above average condition. Rents have been kept low as many long-term tenants; therefore, there is significant upside to future rents. "Unit Information" is listed from Unit A at top to F at bottom. Located a short walk from the new Promenade shopping center and the Downey Landing shopping center. Do not disturb tenants.
Listing Information
Property Type: Cluster, 2 Story
0.28 Acres 1,253,800 sq.ft. 5,694 (approx)
$247.63 1976
Yes- 12 spaces 2
Stucco
6 Total
Neighborhood
Room Information
Common, Hookups in Laundry Room
Interior Features
Dishwasher, Garbage Disposal, Gas Range/Cooktop, Refrigerator, Carbon Monoxide Detector
Carpet Wall to Wall, Laminate, Linoleum
Window/Wall Unit
Full Copper Plumbing
Alarm -Smoke/Fire,
Unfurnished, Window Blinds, Window Drapes-curtains
Exterior / Lot Features
12 Garage Spaces, 13 Parking Spaces, Assigned Parking Space, Garage
Stucco
None
No Pool
Masonry, Wood
Gutters, Sidewalks, Security Lighting, Curbs Walk
Driving Directions
Cross Streets: North of Stewart and Gray Road
Financial Considerations
6284015005
$87,000 Income ,$9,083Expense
Listing Price History

Downey Real Estate

Downey is located in California. Downey, California 90241 has a population of 114,219.

The median household income in Downey, California 90241 is $60,374. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Downey 90241 is 34.4 years.

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Courtesy: Berkshire Hathaway H.S.C.P. Diana Needham
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