$3,895,000

9116 Palm St Bellflower, CA 90706

3 Beds
3 Baths
12,704 Sq Ft
$307 Price per Sq Ft

Highlights

  • Automatic Gate
  • Main Floor Primary Bedroom
  • Neighborhood Views
  • 0.45 Acre Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

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.

Listing Agent

Kevin Liang

Keller Williams OC Luxury Realty Brokerage Phone: 949-295-7285 License #01980916 Listed on: 03/20/2026

Keller Williams OC Luxury Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1963

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 12,704 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Window Screens
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Range Hood
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Parking Available
  • Automatic Gate
  • Paved Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Hot Water Circulator
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 15 / 18
  • Tax Tract Number 5544
  • Assessor Parcel Number 7162016017

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • Rent Control
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • Electric Expense $1,400
  • Fuel Expense $4,600
  • Insurance Expense $7,500
  • Pest Control $650
  • Professional Management Expense $9,600
  • Trash Expense $5,100
  • Water Sewer Expense $7,000
  • Operating Expense $35,200
  • Gross Income $320,000
  • Net Operating Income $320,000

Property Details

Home Type

Apartment

Year Built

Built in 1963

Lot Details

0.45 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 9600.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Automatic Gate
  • View: Yes
  • Water Sewer Expenses: 7000.00
  • Zoning: BFR3*
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7162016017
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 306.60
  • Room Type: Primary Bedroom, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Window Features: Blinds, Screens

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Assigned, Gated, Parking Space, Uncovered
  • Total Parking Spaces: 25.00
  • Uncovered Spaces: 25.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Disposal, Hot Water Circulator, Gas Water Heater, Range Hood, Gas Range
  • Electric: Standard
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup, Common Area, Stackable, Washer Included, Dryer Included
  • Pest Control Expense: 650.00
  • Sewer: Public Sewer
  • Trash Expense: 5100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 19571.00
  • Lot Size Acres: 0.4493

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 620 Square Feet
  • Average2 Bed Area: 875 Square Feet
  • Electric Expense: 1400.00
  • Fuel Expense: 4600.00
  • Gross Income: 320000.00
  • Gross Multiplier: 12.24
  • Gross Scheduled Income: 360000.00
  • Insurance Expense: 7500.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 5000.00
  • Lot Size Area: 19571.0000 Square Feet
  • Net Operating Income: 320000.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Number With Disposal: 16
  • Number With Patio: 13
  • Number With Range: 16
  • Operating Expense: 40000.00
  • Rent Control: Yes
  • Total Actual Rent: 22269.00
  • Total Expenses: 35200.00

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5544.03
  • Tax Lot: 15
  • Tax Tract Number: 5544.03

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $34,510 $2,704,290 $1,264,576 $1,439,714
2024 $34,510 $2,651,266 $1,239,781 $1,411,485
2023 $33,179 $2,599,281 $1,215,472 $1,383,809
2022 $32,611 $2,548,316 $1,191,640 $1,356,676
2021 $31,921 $2,498,350 $1,168,275 $1,330,075
2019 $31,122 $2,427,049 $1,133,624 $1,293,425
2018 $30,151 $2,379,516 $1,111,397 $1,268,119
2016 $28,878 $2,284,427 $1,068,241 $1,216,186
2015 $28,291 $2,250,114 $1,052,196 $1,197,918
2014 $27,963 $2,206,038 $1,031,585 $1,174,453
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $3,895,000 -- $307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26037067

California Regional Multiple Listing Service (CRMLS)
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