$3,995,000
9248 Palm St, Bellflower CA 90706
Multi-Family (9 Units)
Property type
4 days
On market
$306
Price per sqft
18 cars
Garage
1986
Year built
19,396 sqft
Lot size
Open Houses
Overview
Introducing the opportunity to acquire The Roof Gardens, a nine unit apartment building located in Bellflower, CA. The property is comprised of very spacious 2 bedroom 2 bathroom townhouse style units each with a two-car garage, private rooftop deck, washer and dryer hookups, and central A/C making this a highly unique asset rarely available in today's market. In addition to...
Listing provided by: Ryan Pratt DRE #02179841, Skyline Commercial Real Estate, Christopher Pettit DRE #01983950, Skyline Commercial Real Estate
Listing updated: Jun 1, 2026 at 06:45pm.
Last checked: Jun 5, 2026 at 10:00am
Source: CRMLS #NP26118346
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 9 | 2 | 2 | 2 | $2,495 | $22,455 | $3,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
14.6x
List Price / Annual Gross Rent
Cap Rate
4.7%
NOI / List Price
Gross Scheduled Income: $272,700
Vacancy Allowance: $3,240
Vacancy Allowance Rate: 3%
Operating Expense: $76,673
Net Operating Income: $187,846
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Washer Hookup
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 18
Parking Total: 18
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7162017073
Additional Parcels: No
Tax Lot: 1
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 9248 Palm St, Bellflower, CA 90706. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,196,000
Total Interest
$4,076,322
Total Payment
$7,272,322
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,512
per month
Property History for 9248 Palm St
Bellflower Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90706.
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