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9840 Ramona St, Bellflower, CA 90706, USA

List Price: $1,400,000

Units: 5

Price Per Unit: $280,000

Price Per SF: $315

Cap Rate: 3.79%

Listing Agent: David O'Keefe

JUST LISTED: 5 UNITS IN BELLFLOWER

February 3, 2021

Just listed for $1,400,000! 9840 Ramona Street in Bellflower offers a sought-after mix of five two-bedroom single-family homes with spacious floorplans, laundry hookups, and carport parking. A new investor may rehabilitate and reposition the property to add value and capture 26 percent potential upside in rents. 9840 Ramona Street is just a six-minute drive from both Los Cerritos Center, a regional shopping destination, and Cerritos College. Downtown Bellflower is just a three-minute drive north on Bellflower Boulevard, and the city of Bellflower is incentivizing and planning for major development of the area in anticipation of the new $6.6 Billion Metro line that will run from Artesia through Bellflower to Downtown Los Angeles. For more information and access to the offering memorandum, please visit https://www.9840ramonastreet.com/or call David O’Keefe at (424) 405-3844.