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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$5,650,000
Est. payment /mo
18,216 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 18,216 sqft
Price per Sqft $310
MLS Listing ID CROC25117993
HOA Y/N No
Year Built 1961
Lot Size 0.750 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Ramona Street Apartments is a 22-unit multifamily investment property located at 9040 - 9042 Ramona Street in Bellflower, CA. Located on the border of Bellflower, Lakewood, & Long Beach, Ramona Street Apartments is uniquely placed in-close proximity of top destinations and major employment hubs including Lakewood Center, Los Cerritos Center, the Promenade at Downey, and Long Beach Airport, all of which are situated within 4 miles of the property. Furthermore, Ramona Street Apartments’ proximity to Lakewood Boulevard and State Route 91 provides residents with convenient access throughout Southern California. Ramona Street Apartments offers an attractive mix of one and two-bedroom units, averaging over 825 square feet. This diverse mix of floor plans helps the property appeal to a broad renter pool. The property, built in 1961 on a spacious 0.75-acre parcel, features desirable amenities including gated access, ample parking, a swimming pool, an on-site laundry facility, and a spacious yard with a communal BBQ and picnic area. In summary, the property’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With upside and strong rental metrics, Ramona Street Apartments represe
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Community Facility
Building
Lot Description Level
Water Public
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