A modern two-story townhouse at 9203 park st, with a garage, green lawn, and clear blue sky.

Closed Listing

7 Townhouse-Style Units in Bellflower @ 15.50 GRM

9203 park st

sold in

Bellflower

7

Number of Units

1987

Year Built

8,158

SF

Square Footage

19,535

SF

Lot Size

R2

Zoning

9203 Park St, Bellflower, CA 90706

About the Property

9203 Park St is a sprawling townhouse complex located 1 mile west of Downtown Bellflower that features seven value-add townhouse-style units not subject to local rent control. These townhomes fall under State of California rent control, which allows for an annual rent increase of 5% + CPI (currently 8.8%). Residing on a 19,535 SF lot, 9203 Park features an attractive unit mix comprising of (1) 3-bdrm. & 2.5-bath single-family townhome and (6) 2-bdrm. townhouse-style units. Each unit features a back patio and a two-car garage with a side-by-side washer and dryer. Please note, there may be a possibility for a future owner to add an ADU or two (buyer to verify). The property presents approx. 37% rental upside compared to renovated townhomes in the area, and is offered at $329 per foot, which at the list price it stabilizes at a 5.79% CAP rate and 12.09 GRM.

7

Number of Units

1987

Year Built

8,158

SF

Square Footage

19,535

SF

Lot Size

R2

Zoning

Price P/ Unit

$357,571

Price p/ Sq. ft.

$307

Proforma Cap Rate

6.28%

Contact

Sales agent

A modern two-story townhouse at 9203 park st, with green grass and a blue sky in the background.
A modern two-story townhouse at 9203 park st, with green grass and a blue sky in the background.
A modern two-story townhouse at 9203 park st, with green grass and a blue sky in the background.
A modern two-story townhouse at 9203 park st, with green grass and a blue sky in the background.
Two-story beige apartment complex at 9203 park st, with a landscaped front yard and clear blue sky above.
Two-story beige apartment complex at 9203 park st, with a landscaped front yard and clear blue sky above.
Two-story beige apartment complex at 9203 park st, with a landscaped front yard and clear blue sky above.
Two-story beige apartment complex at 9203 park st, with a landscaped front yard and clear blue sky above.
A modern two-story townhouse at 9203 park st, with a driveway, surrounded by greenery and a clear blue sky.
A modern two-story townhouse at 9203 park st, with a driveway, surrounded by greenery and a clear blue sky.
A modern two-story townhouse at 9203 park st, with a driveway, surrounded by greenery and a clear blue sky.
A modern two-story townhouse at 9203 park st, with a driveway, surrounded by greenery and a clear blue sky.
A clean and modern living room at 9203 park st, featuring a gray sofa, a coffee table, a TV, and light-colored walls.
A clean and modern living room at 9203 park st, featuring a gray sofa, a coffee table, a TV, and light-colored walls.
A clean and modern living room at 9203 park st, featuring a gray sofa, a coffee table, a TV, and light-colored walls.
A clean and modern living room at 9203 park st, featuring a gray sofa, a coffee table, a TV, and light-colored walls.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.