16116 Woodruff Ave Bellflower, CA 90706
Estimated payment $16,453/month
Highlights
- 0.44 Acre Lot
- Laundry Room
- 1-Story Property
- No HOA
- Central Air
About This Home
Incredible 7-Unit Investment Opportunity on Expansive Lot in Prime Location
Positioned on a generous 19,000+ square foot lot, this well-maintained 7-unit property offers a rare combination of modern amenities, strong unit mix, and excellent income potential. The property has been updated with new electrical panels and recently replaced garage doors (within the past 3 years). One of the duplex roofs has been fully replaced, and washer/dryer hookups are available in every unit.
The front house, built in 1951, is a charming 2-bedroom, 1-bathroom single-story residence. Ideal for an owner-occupant or premium rental, it offers privacy and a separate driveway.
Behind the front home are six two-story townhomes built in 1978, each featuring 2 bedrooms and 2 bathrooms. Every townhome includes in-unit laundry, private garage parking, and its own outdoor space. The units are well-designed with spacious living areas, making them attractive to long-term tenants.
Situated just off Woodruff Avenue near Alondra Boulevard, the property enjoys easy access to major freeways, nearby shopping centers, and public transportation. Its central location ensures strong tenant demand while still offering peace and quiet on a lightly traveled street.
With a stable rent roll and room for future upside, this asset is a standout in Long Beach’s competitive rental market. Don’t miss your chance to own a turnkey property with both immediate cash flow and long-term growth potential.
Listing Agent
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 07/25/2025
Co-Listing Agent
eXp Realty of California Inc Brokerage Phone: 562-307-0838 License #01982851
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 0.44 Acre Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 10 Open Parking Spaces
- 6 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 8,288 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 13 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Central Air
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 5531
- Assessor Parcel Number 7017003031
- $2,880 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 7 Units
Building Details
- 7 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $7,000
- Maintenance Expense $9,467
- Pest Control $600
- Professional Management Expense $11,360
- Trash Expense $2,040
- Water Sewer Expense $3,000
- New Taxes Expense $32,500
- Operating Expense $66,268
- Gross Income $189,336
- Net Operating Income $123,068
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $2,600,000 | -- | $314 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25159757
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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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