$3,895,000
9116 Palm Street, Bellflower CA 90706
Multi-Family (16 Units)
Property type
77 days
On market
$307
Price per sqft
0 cars
Garage
1963
Year built
19,571 sqft
Lot size
Home highlights
Open Houses
Overview
A wonderful opportunity to own a well maintained 16 unit apartment in Bellflower. 8 units are 2 Bedroom, 1.5 Bath, appox. 875 Sqft. and 8 units are 1 Bedroom, 1 Bath, approx. 620 Sqft. 5 units have a patio, 5 units have a balcony/deck, and 3 units have a backyard. Laundry Room has 5 washers and 4 dryers (2 stacked units) that are owned. 1 large storage/office area,...
Listing provided by: Kevin Liang DRE #01980916 949-295-7285, Keller Williams OC Luxury Realty
Listing updated: Mar 20, 2026 at 09:19pm.
Last checked: Jun 5, 2026 at 01:30am
Source: CRMLS #OC26037067
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 2 | 2 | — | $2,036 | $16,288 | $2,200 | Unfurnished |
| 8 | 1 | 1 | — | $1,641 | $13,032 | $1,750 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Separate Electric Meters: 16
Separate Gas Meters: 16
Separate Water Meters: 0
Carpet: 16
Disposal: 16
Ranges: 16
Rent Control: Yes
Units Leased: 16
Total Actual Rent: $22,269
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.8x
List Price / Annual Gross Rent
Cap Rate
8.22%
NOI / List Price
Gross Scheduled Income: $360,000
Operating Expense: $40,000
Net Operating Income: $320,000
Annual Operating Expenses
Electric: $1,400
Fuel: $4,600
Insurance: $7,500
Pest Control: $650
Professional Management: $9,600
Trash: $5,100
Water / Sewer: $7,000
Interior
Interior Features: Tile Counters, Unfurnished, Main Floor Bedroom, Main Level Primary
Room Type: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Carpet, Tile
Cooling: Wall Window Units
Heating: Natural Gas, Wall Furnace
Appliances: Disposal, Gas Range, Gas Water Heater, Hot Water Circulator, Range Hood, Water Heater, Dryer, Washer
Fireplace: None
Laundry: Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room, Stacked, Dryer Included, Washer Included
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Window Features: Blinds, Screens
Property Condition: Turnkey
Exterior: Rain Gutters
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Security Gate, Smoke Detectors
Lot Features: Rectangular Lot
Pool: None
Spa: None
Fencing: Block, Wood, Wrought Iron
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Neighborhood
Garage and Parking
Parking: Assigned, Concrete, Gated, One Space, Uncovered
Garage Spaces: 0
Uncovered Spaces: 25
Parking Total: 25
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7162016017
Additional Parcels: No
Tax Lot: 15
Zoning: BFR3*
Tax Block: 18
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 9116 Palm Street, Bellflower, CA 90706. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,116,000
Total Interest
$3,974,286
Total Payment
$7,090,286
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,903
per month
Property History for 9116 Palm Street
Bellflower Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90706.
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