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9240 Palm St
Bellflower, CA 90706

$5,150,000 USD

Apartments For Sale  •  13,421 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,421 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 5.66 %
  • Zoning R3
0 Transit Score
65 Walk Score

Highlights

Great Mix of 1-Bedroom/1-Bath & 2-Bedroom/2-Bath Units
Absolute Pride of Ownership, Turn-Key Property
Strong Bellflower Rental Market Near Major Thoroughfares
Large Floorplans with Private Patios
Not Subject to City Rent Control

Financial Summary (Actual)

Net Operating Income: $291,282 USD (2025)
Cap Rate: 5.66 %
Total Expenses: $121,124 USD

Amenities

  • Air Conditioning
  • Balcony
  • Disposal
  • Laundry Facilities
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Double Pane Windows
  • Handrails
  • Patio
  • Vinyl Flooring
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 7.2 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 13 min - 6.4 mi
Los Angeles International 29 min - 20.5 mi
John Wayne/Orange County 32 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group