9203

PARK STREET


9203 PARK STREET, BELLFLOWER, CA 90706

Price 2,503,000    |    (7) 2-3 Bed    |    (7) 1.5-2.5 Bath    |    8,158 Sq Ft

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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ADDITIONAL LISTINGS

9137 PARK STREET →

Jon Granston


858.252.0652

jon.granston@compass.com
 GranstonGroup.com

VIEW LOCATION

Jon Granston  |  CA DRE #01876007
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© Compass 2023. All Rights Reserved by Compass. Made in NYC. The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.