10036 10044 Alondra Bellflower, CA 90706

UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26204455
HOA Y/N No
Year Built 1929
Lot Size 0.846 Acres
Property Sub-Type Mixed Use
Property Description
$ 174,480 yearly. Side note- Rent increases coming in a couple months. This is 2 separate parcels with 1 loan for the entire property. This is your chance to ACQUIRE a fully entitled senior housing development opportunity while benefiting from an existing income producing residential portfolio. Existing rental income provides an immediate income stream while the Buyer/Investor/Developer executes his Strategy for his Future Development with this Entire Property. Buy & Build at your Leisure to maximize terms and market. At $ 3,995,000 Sales Price with a Fully Entitled & Approved 48-units is only $ 83,229 a Door. With an estimated $ 2,150 Rents per unit conservatively for a completely Brand-New Build and all the amenities' totals
$ 103,200 a month with yearly total of $ 1,238,400 yearly. Development documentation available to qualified buyers/investors/developers. *** Take a look and the Architectural plans and AERIAL Video showing the front, sides and back of this Project in the Supplement Section. A RARE & WONDERFUL OPPORTUNITY to own a Brand New 48 Unit Senior Housing Development.
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Rooms
Other Rooms Second Garage
Interior
Interior Features All Bedrooms Up, All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Refrigerator, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Chain Link, Wood
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 18
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Lawn, Landscaped
Story 2
Entry Level Two
Foundation Raised, See Remarks
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Additional Building Second Garage
New Construction No
Others
Senior Community No
Tax ID 7109004005
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard

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