About The Property

9203 Park 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 an 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.


Price $2,503,000

Year Built 1987

City Bellflower

Units 7

Current CAP 3.93%

Price p/ Sq. ft. $307

Price P/ Unit $357,571

Unit entrances at 9203 Park


This well-maintained complex featured 7 townhomes allowing for an 8.8% annual rent increase. In addition to loosened rent control laws, compared to the City of LA, 9203 Park resided on a sprawling 19,500+ SF lot that offered the potential to add one or two ADUs (which the buyer has to verify)⁣. A residential agent from the San Diego Compass office, who had an existing relationship with the owners, contacted KST to help him win the listing and help the family exchange into some Delaware Statutory Trusts (DSTs).

Drone photo of 9203 Park


Our team hit the ground running, and three weeks into the listing agreement, we were IN ESCROW! Our expert marketing and extensive connections, combined with more than 20 years of multifamily experience, identified an outside agent who represented an exchange buyer who was experienced in the area and saw the property’s potential. 60 days later, escrow closed at $2,503,000. Here’s another example of how hiring the right broker makes all the difference.

Speaking for myself and everyone involved, you were absolutely the best broker we could have selected to market our portfolio. You found an incredible buyer and were able to guide us through so many challenges, including a global pandemic, and secured us a price beyond our expectations.

- Seller (60 Units by The Grove)

“I cannot say enough great things about KST. They take care of you, they have the connections needed, and they get the job done! We were amazed at how quickly our sale went through during the COVID pandemic.”

- Seller (4 Units in Beverly Grove)

“It was truly a pleasure working with Kenny. He is professional, honest, hardworking and most importantly did what he said he would. Kenny sold the property at list price in less than 60 days from start to finish.”

- Seller (Beachfront Generational Asset in Playa del Rey)