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10018 Foster Road
$1,975,000

Units

8

Building Size

7,012 sf

Lot Size

11,061 sf

Status

Sold

Listing Agent: Nicholas Petrosian, Remax Commercial and Investment Realty

Bellflower

10018 Foster Road

About This Property

**OFFER DEADLINE IS WEDNESDAY, 01/24 AT 5PM** 10018-10024 Foster Road consists of two fourplexes on two separate and contiguous parcels in the highly desirable Bellflower rental market. This offering presents an excellent opportunity to acquire a well priced, well located asset with approximately 30% upside in the rental income. The outstanding unit mix features all two-bedroom / one-bathroom units. The property also features eight detached carport parking spaces for tenants. The property is conveniently located near the 105 and 91 freeways providing easy access to both LA and OC. This asset has been under the same ownership for decades and is an excellent investment opportunity because of it's great location, substantial amount of rental upside and no local rent control barriers.

Unit Mix

  • 1 unit · 2bd / 1ba

Neighborhood

This property is located in Bellflower. Want to learn more about the area?

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Sold For

$1,975,000

Listing Agent

Nicholas Petrosian

Remax Commercial and Investment Realty