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Listed by Juan Huizar • Sage Real Estate Group, Inc.
$ 2,600,000
Est. payment /mo
Active
16116 Woodruff Avenue Bellflower, CA 90706
8,288 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 8,288 sqft
Price per Sqft $313
MLS Listing ID PW-25159757
Year Built 1951
Lot Size 0.437 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area Rg - Bellflower N Of 91 Frwy, S Of Alondra
Zoning BFCG*
Interior
Laundry Gas & Electric Dryer Hookup, Inside
Exterior
Parking Features Gated
Garage Spaces 6.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer