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15746 Ryon AVE Bellflower, CA 90706
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Key Details
Sold Price $1,980,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,644 sqft
Price per Sqft $426
MLS Listing ID 24393089
Bedrooms 11
Year Built 1938
Lot Size 0.460 Acres
Property Description
9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Six of the Seven Structures Contain Brand-New Roofs | Fully Renovated 1-Bedroom Unit with New Kitchen Cabinets, New Quartz Counters, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures and New Ceiling Fan | Recently Painted Property with Tremendous Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping | On-Site Laundry Facility, Total of 14 Parking Spaces & Ample Outdoor Space for Tenants | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium, Bellflower Library Garden, and the 91, 605 & 105 Freeways
Location
State CA
County Los Angeles
Area Rj - Bellflower N Of Alondra, W Of Bellflower
Zoning BFR3YY
Interior
Laundry Laundry Room
Exterior
Parking Features Garage, Uncovered
Garage Spaces 2.0
Garage Description 2.0
Building
Story 1
New Construction No
Others
Special Listing Condition Standard
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Bought with Juan Cardenas • Remax Commercial and Investment Realty