9116 Palm Street | MLS #OC26037067 | RE/MAX California & Hawaii

A wonderful opportunity to own a well maintained 16 unit apartment in Bellflower. 8 units are 2 Bedroom, 1.5 Bath, appox. 875 Sqft. and 8 units are 1 Bedroom, 1 Bath, approx. 620 Sqft. 5 units have a patio, 5 units have a balcony/deck, and 3 units have a backyard. Laundry Room has 5 washers and 4 dryers (2 stacked units) that are owned. 1 large storage/office area, approx. 500Sqft with bathroom. Gross income is approx. $30,000 per month. Gated Complex with Remote/Code Access Car Entry. 25 Parking Spaces. Newer iron fence, Newer concrete parking lot, Newer water heater. Palm Street Park is located across the street with playgrounds for kids and numerous picnic tables. Perfect for gatherings and enjoying the outdoors. Conveniently located restaurants, banks, schools, shopping centers, parks, and more! Easy access to the 91, 605, 710 Freeways.

Source: CRMLS, MLS#: OC26037067

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Property Type

Residential Income
Lot

0.45 acres

General

Association/HOA

Association: No
Common Interest: Community Apartment

Income/Expenses

Electric Expense: 1400.0
Fuel Expense: 4600.0
Gross Income: 320000.0
Gross Scheduled Income: 360000.0
Insurance Expense: 7500.0
Net Operating Income: 320000.0
Operating Expense: 40000.0
Trash Expense: 5100.0
Water Sewer Expense: 7000.0

Listing Information

Contingency: Seller's will be doing a 1031 Exchange.

Building Information

New Construction: No
Year Built: 1963

Location/Region

Country: US
County Or Parish: Los Angeles
MLS Area Major: RF - Bellflower South of 91 Frwy
Postal City: BELLFLOWER

Community/Development

Community Features: Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

Land Lease: No
Tenant Pays: Electricity,Gas

General Information

Listing Terms: Cash,Cash to New Loan,1031 Exchange
Parcel Number: 7162016017
Property Condition: Turnkey
Property Sub Type: Apartment
Property Type: Residential Income
Rent Control: Yes
Senior Community: No
Special Listing Conditions: Standard
Zoning: BFR3*

Interior

Parking Information

Garage: No

Building Interior

Building Area Total: 12704.0
Building Area Units: Square Feet

General Information

Appliances: Disposal,Gas Range,Gas Water Heater,Hot Water Circulator,Range Hood,Water Heater,Dryer,Washer
Common Walls: No Common Walls
Electric: Standard
Entry Level: 1
Entry Location: Front
Fireplace Features: None
Fireplace: No
Flooring: Carpet,Tile
Interior Features: Tile Counters,Unfurnished,Bedroom on Main Level,Main Level Primary
Laundry Features: Common Area,Washer Hookup,Gas Dryer Hookup,Laundry Room,Stacked
Levels: Two
Security Features: Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Spa Features: None
Spa: No
Stories: 2
Stories Total: 2
Window Features: Blinds,Screens

Exterior

Parking Information

Open Parking Spaces: 25.0
Parking Features: Assigned,Concrete,Gated,One Space,Uncovered
Parking Total: 25.0

Lot Information

Additional Parcels: No
Lot Features: Rectangular Lot
Lot Size Acres: 0.4493
Lot Size Area: 19571.0
Lot Size Source: Assessor
Lot Size Square Feet: 19571.0
Lot Size Units: Square Feet
Number Of Buildings: 1
Number Of Separate Electric Meters: 16
Number Of Separate Gas Meters: 16
Number Of Separate Water Meters: 0
Elevation Units: Feet
Water Source: Public

Waterfront/View

Building Exterior/Construction

Property Attached: No

General Information

Exterior Features: Rain Gutters
Fencing: Block,Wood,Wrought Iron
Number Of Units Leased: 16
Number Of Units Total: 16
Pool Features: None
Pool Private: No
Sewer: Public Sewer
Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

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Inmar Barrera
REALTOR®
RE/MAX EXECUTIVE
Direct 209-253-3292

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Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 9116 Palm Street

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
3/20/2026Source: CRMLS	Added to Database	March 20, 2026

Listing provided courtesy of Keller Williams OC Luxury RealtyKevin Liang- MLS# OC26037067

Contact Information: [email protected] - 773-459-3907

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Life at 9116 Palm Street

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History