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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


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 call David O’Keefe at (424) 405-3844.

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