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Listing Details

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School Ratings & Info

Description

16131 Eucalyptus Avenue is a 37-unit apartment community located in the highly desirable rental market of Bellflower. The offering at Eucalyptus Avenue has recently and thoroughly renovated with numerous exterior and interior upgrades. Eucalyptus Avenue is comprised of a desirable unit mix of 1, 2 & 3-bedroom units while offering its tenants features such as privacy screen doors, gated entry & parking, and on-site laundry facilities. This investment opportunity offers significant upside on current rents while being the only building of its size available in Bellflower, making this a rare and outstanding opportunity for any new investor.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/119369968
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16131 Eucalyptus Avenue Bellflower, CA 90706

  • Price: $10,300,000
  • Status: Active
  • Updated: 38 min ago
  • ID#: PW21155394
0
Beds
0
Baths
0
½ Baths
0.94
Acres
1962
Built
Neighborhood:
RH - Bellflower N of Alondra, E of Bellflower
County:
Los Angeles
Area:
RH - Bellflower N of Alondra, E of Bellflower
Property Description
16131 Eucalyptus Avenue is a 37-unit apartment community located in the highly desirable rental market of Bellflower. The offering at Eucalyptus Avenue has recently and thoroughly renovated with numerous exterior and interior upgrades. Eucalyptus Avenue is comprised of a desirable unit mix of 1, 2 & 3-bedroom units while offering its tenants features such as privacy screen doors, gated entry & parking, and on-site laundry facilities. This investment opportunity offers significant upside on current rents while being the only building of its size available in Bellflower, making this a rare and outstanding opportunity for any new investor.
Exterior Features

Carport Spaces 16 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 38 Open Parking Spaces 33 Parking Total 49 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSidewalksUrban Electric Expense 6678 Fuel Expense 6678 Garage YN No Gross Income 690624 Gross Scheduled Income 712836 Insurance Expense 12316 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 465731 New Construction YN No Number Of Separate Gas Meters 38 Number Of Separate Water Meters 1 Operating Expense 225720 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 6678 Water Sewer Expense 6678 Water Source Public Zoning Bfr3*

Listing provided courtesy of Doug Rodermund of Morgan Skenderian


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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Brandon Hobbs Group | Compass
341 Bayside Drive
Newport Beach CA, 92660