16 Units | Bellflower
Shant has accomplished yet another impressive sale. We are delighted to introduce you to this enticing investment, nestled in a desired Bellflower neighborhood. This offering comprises a total of 16 distinct units. For additional information, such as interior photos, rental income projections, and operational costs, please don't hesitate to reach out to us via email.
Transaction Highlights
- ALL CASH TRANSACTION
- SOLD at a Current 16.90 GRM | 3.32% Cap Rate | $352.97 Per SqFt
- Multiple Offers Received | Creating a Bidding War Environment for Seller
- Escrow Closed Within 70 Days from Date of Acceptance
- Shant Sherbetdjian, Working in Collaboration with Juan Cardenas, Achieved a Successful Sale, Courtesy of Their Innovatie Marketing Campaign that Secured an ALL-CASH Buyer
- No Loan, No Appraisal, No Termite, No Home Warranty
- Seller Sold as Part of a Strategic Move to Exchange for a More Proximate Property Within Their Investment Portfolio
Investment Highlights
- Desirable Central Bellflower Location
- Prime Turn-Key Investment Purchase
- Property is Subject to AB1482 (Currently 8.8% Annually)
- Easy to Rent Spacious 1 Bedroom + 1 Bathroom Units
- Ideal onsite parking facilities as well as nearby offsite parking
- All units are separately metered for gas & electricity
- Walking distance to Simms Park