Multifamily
15509-15523 Blaine Ave
15509-15523 Blaine Ave, Bellflower, CA 90706
Listing Price: $5,100,000
Investment Overview
Marcus & Millichap is pleased to present to market 15509-15523 Blaine Avenue in Bellflower, California. This unique 12-unit multifamily property offers a rare configuration of all single-story homes on a massive ±1.34-acre lot that spans three parcels.
The unit mix includes three two-bedrooms, eight three-bedrooms, and one four-bedroom floorplan. Each home features laundry hookups, parking, and private outdoor space, making it highly desirable for renters seeking a single-family home experience at rental rates. The asset also includes 12 double garages and 10 additional surface parking spaces, providing ample parking.
This property sits just one parcel away from Washington Elementary, making it a great rental option for families and faculty, and this location also offers convenient access to retail centers, Cerritos College, and the 91 and 605 freeways, offering easy access to Greater Los Angeles and Orange County.
This asset presents a compelling acquisition opportunity for investors seeking a property poised to maintain strong rental demand. Furthermore, current rents offer 20 percent rental upside.
15509-15523 Blaine Ave
Investment Highlights
- Rare opportunity to acquire a multifamily asset consisting of 12 single-family homes and a sought-after mix of eight three-bedrooms, three two-bedrooms, and one four-bedroom
- Property spans three parcels totaling a massive 1.34 acres
- Each home boasts laundry hookups, private patios, and parking
- Recent improvements include exterior paint, redone driveways to add more parking, new landscaping, and recessed lighting in the remodeled units
- Excellent rental location one parcel from Washington Elementary makes this a great option for families and faculty
- Proximate to the 605 and 91 Freeways
- Current rents offer 20 percent rental upside
Exclusively Listed By
Listing Price: $5,100,000
Investment Highlights
- Rare opportunity to acquire a multifamily asset consisting of 12 single-family homes and a sought-after mix of eight three-bedrooms, three two-bedrooms, and one four-bedroom
- Property spans three parcels totaling a massive 1.34 acres
- Each home boasts laundry hookups, private patios, and parking
- Recent improvements include exterior paint, redone driveways to add more parking, new landscaping, and recessed lighting in the remodeled units
- Excellent rental location one parcel from Washington Elementary makes this a great option for families and faculty
- Proximate to the 605 and 91 Freeways
- Current rents offer 20 percent rental upside
Investment Overview
Marcus & Millichap is pleased to present to market 15509-15523 Blaine Avenue in Bellflower, California. This unique 12-unit multifamily property offers a rare configuration of all single-story homes on a massive ±1.34-acre lot that spans three parcels. The unit mix includes three two-bedrooms, eight three-bedrooms, and one four-bedroom floorplan. Each home features laundry hookups, parking, and private outdoor space, making it highly desirable for renters seeking a single-family home experience at rental rates. The asset also includes 12 double garages and 10 additional surface parking spaces, providing ample parking. This property sits just one parcel away from Washington Elementary, making it a great rental option for families and faculty, and this location also offers convenient access to retail centers, Cerritos College, and the 91 and 605 freeways, offering easy access to Greater Los Angeles and Orange County. This asset presents a compelling acquisition opportunity for investors seeking a property poised to maintain strong rental demand. Furthermore, current rents offer 20 percent rental upside.
Exclusively Listed By
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