Built in 1987, this sprawling townhouse complex located 1 mile west of Downtown Bellflower, features seven value-add townhouse-style units not subject to local rent control. This value-add property falls under State of California rent control, which allows for an annual rent increase of 5% + CPI (currently 8.8%). Residing on an 19,935 SF lot, 9203 Park features an attractive unit mix comprising of (1) 3-bdrm. & 2.5-bath single-family home 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). 9203 Park is offered in conjunction with another 7-unit townhouse-style complex that is three parcels away (9137 Park) and can be purchased individually or together.
Additionally, this offering is presented concurrently with another townhouse-style complex featuring seven units, situated at 9137 Park St, only three parcels away from the subject property on an 18,842 square foot lot.
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