Home For Sale

Picture of Home For Sale in Bellflower, California, United States

$4,500,000

17516 Grand Ave
Bellflower, California, United States

22bd 25ba

Listed By: Realtyww Info

Listed On: 06/04/2023

Listing ID: GL10256949 View More Details

Description

Pepper Pines is a 16-unit multifamily opportunity located in Bellflower, CA. The property is well located on a corner lot with prominent visibility to Artesia Boulevard, is only 1.5 miles to Los Cerritos Center, 1.2 Miles to Downtown Bellflower, and is positioned near Valley Christian Schools and Mayfair Middle/High School. Built in 1971, the property has a desirable unit mix of Nine (9), two-bed / two-bath, Four (4), one-bed / one-bath, and three (3) studio units with gated garage parking. With current rents +/- 22% below market rates, Pepper Pines represents an attractive value-add opportunity to investors.

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Listed by: Brett Bayless, Broker