Bellflower, CA 90706 10024 Foster Road
$1,150,000
Pending
24 more
Presented By: Nicholas Petrosian with Remax Commercial and Investment Realty;
Home Details
PRICE REDUCED FOR QUICK CLOSE - LOOKING FOR 21-30 DAY CLOSE. SELLER HAS FOUND THEIR UPLEG. ONE FULLY RENOVATED UNIT DELIVERED VACANT. Presenting 10018 Foster Road, an exceptional investment opportunity in North East Bellflower, borderline Downey. This is truly an exciting opportunity for investors and owner-users alike. This beautiful fourplex boasts all 2-bedroom / 1-bath units averaging approximately 875 square feet, with carport parking and on-site laundry facilities. Recently enhanced with a new roof, exterior paint, and fresh landscaping, it also includes one fully renovated unit with new cabinets, appliances (including washer/dryer) and appointments ready to command a premium rent, or provide a comfortable home for an owner-occupant. Located within a short drive of the Downey Landing, Stonewood Shopping Center, Kaiser Hospital, restaurants, movie theaters, freeways and other support facilities, this investment checks all the boxes! Don't miss your chance, explore this standout opportunity today. Unit No. 1 shows a rental amount of $2,400, which is based on Pro Forma, and will be delivered vacant.
Presented By: Nicholas Petrosian with Remax Commercial and Investment Realty;
Interior Features for 10024 Foster Road
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 10024 Foster Road
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.2
Carport Spaces4.0
Carport Y/NYes
CityBellflower
CoolingNone
CountyLos Angeles
Days on Market33
DirectionsSouth of the 105 Freeway near the intersection of Woodruff Avenue and Foster Road.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income89241.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5521.0
Lot Size UnitsSquareFeet
MLS AreaRH - Bellflower N of Alondra, E of Bellflower
MobileHomeRemainsYNNo
Net Operating Income48337.0
New ConstructionNo
NumberOfUnitsTotal4
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1956
Year Built SourceAssessor
ZoningBFR3*
Exterior for 10024 Foster Road
Building Area Total3506.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1267
Lot Size Area5521.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDetachedCarport
SpaNo
Total Parking4.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480