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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$1,400,000
Est. payment /mo
2,142 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,142 sqft
Price per Sqft $653
MLS Listing ID CRSB25243644
HOA Y/N No
Year Built 1954
Lot Size 6,868 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
9833 Walnut Street offers a rare opportunity to acquire three detached homes on a single lot in the heart of Bellflower. Situated just blocks from Downtown Bellflower, Bellflower Blvd, and Hollywood Sports Park, the property provides a walkable and convenient location in a strong rental market. The property features a total of 2,142 square feet of living area on a 6,868 square foot lot, with a unit mix of (3) 2-bedroom/1-bath homes, each equipped with a private 1-car garage. All three dwellings have new plumbing and roofs that were replaced approximately three years ago, providing peace of mind and reduced maintenance for the next owner. This property is an ideal opportunity for an owner-user or investor to renovate and capture market rents across the property. At a 3.68% CAP rate and $466,667 per unit, the asset offers both stability and long-term upside. With its central location, multiple income streams, and flexible ownership potential, 9833 Walnut Street stands out as a well-positioned investment opportunity in one of Bellflower's most accessible neighborhoods.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
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