$1,980,000
Active Under Contract
17 Days Online
11 Beds9 Baths4,644 SQFT
Active Under Contract

15746 Ryon Avenue Bellflower, CA 90706

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9 Single-Story Bungalows on Large 20, 058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Six of the Seven Structures Contain Brand-New Roofs | Fully Renovated 1-Bedroom Unit with New Kitchen Cabinets, New Quartz Counters, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures and New Ceiling Fan | Recently Painted Property with Tremendous Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping | On-Site Laundry Facility, Total of 14 Parking Spaces & Ample Outdoor Space for Tenants | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium, Bellflower Library Garden, and the 91, 605 & 105 Freeways

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site17 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24393089
  • Home Size Source Estimated
  • Year Built1938
  • Lot Size0.4605 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking GarageUncovered
  • Parking Spaces 14
  • Number of Stories 11
  • Acreage 0.4605
  • Garage Spaces 2
  • Zoning BFR3YY
  • Listing Conditions Standard

Interior Features

  • Laundry Features Washer IncludedDryer IncludedIndividual Room

Community Features

  • Senior Community No
  • MLS Area RJ - Bellflower N of Alondra, W of Bellflower

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Monthly Payment (Est.)

$10,570
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