9116 Palm St Bellflower, CA 90706
Estimated payment $24,098/month
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
Keller Williams OC Luxury Realty Brokerage Phone: 949-295-7285 License #01980916 Listed on: 03/20/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 19,571 Sq Ft 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
Map
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 | $36,230 | $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 |
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)
MLS Number: OC26037067
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Ask me questions while you tour the home.