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16415 Cornuta Avenue Bellflower, CA 90706
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Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23163395
Bedrooms 2
Lot Size 7,819 Sqft
Property Description
ATTENTION INVESTORS! AMAZING INVESTMENT OPPORTUNITY! 4 Total Units once built out. Current house and ADU are each 2 bed 1 bath. Rents are $2100 each unit. Full set of approved plans from The City of Bellflower to build 2 more new units (Duplex) in the back of the property to make it a total of 4 units. The existing pool will need to be removed. The 2 new units will be 1237 sq-ft unit on the first floor with a one car garage ( 3 bedroom, 2 bathroom.) Plus a 971 sq-ft unit on the second floor with a 365 sq-ft terrace ( 2 bedroom, 2 bathroom.) Once fully built out, the 4 units will be over 3700 sq ft. Build the 2 new units while you can continue collecting rents from the front units. It will be sold permit ready. The new owner will have to pay for the permit fees at the time of issuance. Come see for yourself why this investment property is one of the best values available in todays market.
ATTENTION INVESTORS! AMAZING INVESTMENT OPPORTUNITY! 4 Total Units once built out. Current house and ADU are each 2 bed 1 bath. Rents are $2100 each unit. Full set of approved plans from The City of Bellflower to build 2 more new units (Duplex) in the back of the property to make it a total of 4 units. The existing pool will need to be removed. The 2 new units will be 1237 sq-ft unit on the first floor with a one car garage ( 3 bedroom, 2 bathroom.) Plus a 971 sq-ft unit on the second floor with a 365 sq-ft terrace ( 2 bedroom, 2 bathroom.) Once fully built out, the 4 units will be over 3700 sq ft. Build the 2 new units while you can continue collecting rents from the front units. It will be sold permit ready. The new owner will have to pay for the permit fees at the time of issuance. Come see for yourself why this investment property is one of the best values available in todays market.
Location
State CA
County Los Angeles
Area Bellflower (90706)
Zoning Assessor
Exterior
Exterior Feature Stucco
Pool Private
Building
Lot Description Curbs, Sidewalks
Story 1
Others
Monthly Total Fees $52
Acceptable Financing Cash, Conventional, Exchange
Space Rent $50,400
Listing Terms Cash, Conventional, Exchange
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Bought with Maria Olmos • Y Realty