We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Most units contain washer and dryer hookups. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 40% upside in rents and nearly a 7.5% cap rate on market rents.
5,834 Sq Ft
0.3306 Private Acres Exterior Space
Investment
Built in 1955
MLS/Listing ID 23-255865
1 Stories
9 Units
Parking - Covered
Listing Courtesy of SKYLINE COMMERCIAL REAL ESTATE, DAVID ORONOZ - 949-688-6530
Source of Data: THE MLS