Located one mile west of Downtown Bellflower, 9137 Park St is a rare Bellflower multifamily offering featuring seven spacious, townhouse-style units situated on a large 18,842 square foot lot. Not subject to local rent control, the property falls under State of California rent stabilization (AB-1482), allowing for annual rent increases of 5% + CPI (currently 8.8%), which provides strong operational flexibility for investors seeking long-term upside.

The unit mix includes (1) 3-bedroom, 2.5-bath single-family style townhome and (6) 2-bedroom townhouse-style units, each with a private back patio, one-car garage, and an uncovered parking space. Each garage includes a side-by-side washer and dryer, offering tenants in-unit laundry convenience rarely found in similar rental inventory. The complex layout gives each tenant a sense of privacy and autonomy, contributing to strong tenant retention.

With approximately 27% rental upside compared to nearby renovated units, 9137 Park St offers investors a compelling value-add opportunity with minimal capital expenditure. The property is offered at just $296 per square foot, and will stabilize at a 5.97% CAP rate and 11.49 GRM once market rents are achieved. Additionally, the oversized lot and garage configuration may allow for the addition of one or more ADUs (buyer to verify), creating an additional path for income growth.

Positioned in a quiet residential area and minutes from the retail, dining, and cultural amenities of Downtown Bellflower, 9137 Park St is well-located to attract working professionals and families seeking more space and suburban comfort within reach of major employment hubs. This is an ideal acquisition for investors targeting a low-maintenance, income-generating asset with tangible upside and potential for future expansion in the Southeast LA submarket.