UNDER CONTRACT
$50K PRICE DROP
10004 Foster Rd Bellflower, CA 90706
Estimated payment $7,796/month
Total Views
3,408
8
Beds
4
Baths
3,506
Sq Ft
$342
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- Bike Trail
- Downey High School Rated A
About This Home
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.
Listing Agent
Younglewin Advisors, Inc. Brokerage Phone: 562-266-7629 License #02081392 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,235
Year Built
- Built in 1956
Lot Details
- 6,071 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
Interior Spaces
- 3,506 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 1 Open Parking Space
- 5 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 19953
- Assessor Parcel Number 6281011027
- $1,207 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $900
- Fuel Expense $240
- Gardener Expense $960
- Insurance Expense $2,054
- Trash Expense $3,120
- Water Sewer Expense $4,800
- New Taxes Expense $15,589
- Operating Expense $27,663
- Gross Income $76,800
- Net Operating Income $49,137
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,235 | $1,193,858 | $583,664 | $610,194 |
| 2024 | $15,235 | $1,170,450 | $572,220 | $598,230 |
| 2023 | $14,720 | $1,147,500 | $561,000 | $586,500 |
| 2022 | $3,391 | $193,706 | $72,031 | $121,675 |
| 2021 | $3,315 | $189,909 | $70,619 | $119,290 |
| 2019 | $3,240 | $184,277 | $68,525 | $115,752 |
| 2018 | $3,104 | $180,665 | $67,182 | $113,483 |
| 2016 | $2,970 | $173,651 | $64,574 | $109,077 |
| 2015 | $2,929 | $171,044 | $63,605 | $107,439 |
| 2014 | $2,825 | $167,695 | $62,360 | $105,335 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $1,200,000 | -4.0% | $342 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $1,250,000 | +11.1% | $357 / Sq Ft |
| 04/05/2022 04/05/22 | Sold | $1,125,000 | -16.7% | $321 / Sq Ft |
| 03/12/2022 03/12/22 | Pending | -- | -- | -- |
| 02/12/2022 02/12/22 | For Sale | $1,350,000 | -- | $385 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional |
Source: Public Records
Similar Homes in Bellflower, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25176036
APN: 6281-011-027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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