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Multifamily

15335 Woodruff Pl

15335 Woodruff Pl, Bellflower, CA 90706

Listing Price: $1,700,000

Cap Rate
5.22%
Number of Units
5
GRM
12.61
Price/Unit
$340,000
Price/Gross SF
$367.33
Gross SF
4,628

Investment Overview

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 15335 Woodruff Place, a 5-unit multifamily investment property located in Bellflower, California.

Built in 1958 and 1971, 15335 Woodruff Place offers exclusively two-bedroom units, of which one is a single-story house and four are two-story townhomes. Each townhome unit features a private patio, of which two are spacious wrap-around patios. Additionally, current ownership has invested significant capital into the renovations of three townhouse units. Furthermore, each unit features a water heater, as well as two assigned parking spaces. The property also offers residents access to an on-site laundry facility, providing ownership with an additional revenue stream.

Residents enjoy the property’s close proximity to everyday needs at the intersection of Woodruff Avenue and Alondra Boulevard. 15335 Woodruff Place is within walking distance of all three levels of education including Woodruff Elementary School, Bellflower Middle School, and Bellflower High School. Additionally, the property is within a 2.25-mile radius of Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183, four major regional shopping destinations providing easy access to a wide variety of retail, dining, and entertainment options. Furthermore, residents of 15335 Woodruff Place benefit from its close location to Interstate 605, State Route 91, and Interstate 605, granting easy access to regional employment hubs throughout Southern California.

Given its excellent Bellflower location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 15335 Woodruff Place.

Investment Highlights

  • Offers Exclusively Two-Bedroom Floor Plans
  • Features Highly Desirable Single-Family & Townhouse Units
  • Three Units Have Undergone Significant Renovations
  • Each Townhouse Unit Features a Private Patio
  • On-Site Laundry Facility
  • Ample Garage, Carport, & Surface Parking: 10 Total Spaces
  • Walking Distance to Bellflower Middle/High School
  • Easy Access to 91, 105, and 605 Freeways

Exclusively Listed By

Financing By

Multifamily

15335 Woodruff Pl

Listing Price: $1,700,000

Cap Rate
5.22%
Number of Units
5
GRM
12.61
Price/Unit
$340,000
Price/Gross SF
$367.33
Gross SF
4,628

Investment Highlights

  • Offers Exclusively Two-Bedroom Floor Plans
  • Features Highly Desirable Single-Family & Townhouse Units
  • Three Units Have Undergone Significant Renovations
  • Each Townhouse Unit Features a Private Patio
  • On-Site Laundry Facility
  • Ample Garage, Carport, & Surface Parking: 10 Total Spaces
  • Walking Distance to Bellflower Middle/High School
  • Easy Access to 91, 105, and 605 Freeways

Investment Overview

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 15335 Woodruff Place, a 5-unit multifamily investment property located in Bellflower, California. Built in 1958 and 1971, 15335 Woodruff Place offers exclusively two-bedroom units, of which one is a single-story house and four are two-story townhomes. Each townhome unit features a private patio, of which two are spacious wrap-around patios. Additionally, current ownership has invested significant capital into the renovations of three townhouse units. Furthermore, each unit features a water heater, as well as two assigned parking spaces. The property also offers residents access to an on-site laundry facility, providing ownership with an additional revenue stream. Residents enjoy the property’s close proximity to everyday needs at the intersection of Woodruff Avenue and Alondra Boulevard. 15335 Woodruff Place is within walking distance of all three levels of education including Woodruff Elementary School, Bellflower Middle School, and Bellflower High School. Additionally, the property is within a 2.25-mile radius of Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183, four major regional shopping destinations providing easy access to a wide variety of retail, dining, and entertainment options. Furthermore, residents of 15335 Woodruff Place benefit from its close location to Interstate 605, State Route 91, and Interstate 605, granting easy access to regional employment hubs throughout Southern California. Given its excellent Bellflower location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 15335 Woodruff Place.

Exclusively Listed By

Financing By

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