Overview
- Updated On:
- November 2, 2023
- 10 Bedrooms
- 10 Bathrooms
- 5,834.00 ft2
Property Description
We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Most units contain washer and dryer hookups. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 40% upside in rents and nearly a 7.5% cap rate on market rents.
Address: 9533 Somerset Boulevard
City: Bellflower
State/County: Los Angeles
Zip: 90706
Country: US
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$ 9,741.68
per month- Principal and Interest
- Property Tax
- HOA fee
$ 7,366.68
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