9209 Artesia Boulevard

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9209 Artesia Boulevard

Bellflower, CA 90706
Asking Price
$1.85M
Cap Rate
6.65%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Six-unit apartment building located in Bellflower California
  • Asset priced for sale at one million eight hundred fifty thousand
  • Current investment provides a 6.65 percent capitalization rate
  • Property generates an annual net operating income of 123115 dollars
  • Interior units have undergone renovations for immediate occupancy
  • Apartment complex operates without the constraints of local rent control

What's Special

This six-unit multifamily apartment building at 9209 Artesia Boulevard in Bellflower, California, presents a stabilized investment asset. The property features a renovated interior and functions as a turnkey acquisition for investors seeking a cash-flowing residential holding. With an asking price of $1,850,000, the building currently delivers an NOI of $123,115 and achieves a 6.65% cap rate. The absence of rent control provides operational flexibility for management in this dense Los Angeles County submarket. Bellflower maintains a stable suburban environment characterized by proximity to major regional transit corridors and employment hubs throughout the Gateway Cities region. Prospective owners may utilize the property as a core long-term hold or part of a broader multifamily portfolio strategy. The asset structure supports consistent rental demand from local residents who benefit from access to surrounding commercial services and regional infrastructure. Given the current configuration and unit count, this building serves as a straightforward vehicle for those looking to expand their presence in the Southern California rental housing market.

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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487

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