CA > Bellflower
Bellflower, CA 90706,10004 Foster Road
Bellflower, CA 90706,10004 Foster Road
Bellflower, CA 90706,10004 Foster Road
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$1,200,000
Est. payment /mo
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8 Beds
4 Baths
Active Under Contract

10004 Foster Road Bellflower, CA 90706

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25176036

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

MOTIVATED SELLER! PRICED TO SELL!! This well-located multifamily property offers a rare 100% 2-bedroom, 1-bath unit mix, ideal for tenant retention and strong rental demand. With over 50% upside in gross rents and 95%+ potential NOI growth, this asset is primed for a value-add strategy. All units are currently tenant occupied and up to date on rent, providing immediate income. Recent capital improvements include a BRAND-NEW roof and fresh exterior paint, and new central water heater reducing near-term maintenance costs. The property features 5 onsite parking spaces and offers ADU development potential (buyer to verify). Located directly on the border of Downey (90242), just across Foster Rd, this asset benefits from strong local demographics and rental demand and less than 1/4 mile from both the 105 & 605 Freeways. Perfect for investors seeking long-term upside, redevelopment potential, first time buyers or a 1031 exchange.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Foster Rd & Woodruff Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 6281011027

MLS Router / San Diego MLS
Listed by Daniel Gomez Younglewin Advisors, Inc.

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agent

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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10004 Foster Road

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