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15335 Woodruff Place

Bellflower, CA 90706
  • $1,700,000
  • STATUS: ACTIVE
  • ON SITE: 34 Days
  • ID#: OC24177922
UPDATED: 39 min ago
$1,700,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

15335 Woodruff Place is a 5-unit multifamily investment property located in Bellflower, California. Built in 1958 and 1971, 15335 Woodruff Place offers exclusively two-bedroom units, of which one is a single-story house and four are two-story townhomes. Each townhome unit features a private patio, of which two are spacious wrap-around patios. Additionally, current ownership has invested significant capital into the renovations of three townhouse units. Furthermore, each unit features a water heater, as well as two assigned parking spaces. The property also offers residents access to an on-site laundry facility, providing ownership with an additional revenue stream. Residents enjoy the propertys close proximity to everyday needs at the intersection of Woodruff Avenue and Alondra Boulevard. 15335 Woodruff Place is within walking distance of all three levels of education including Woodruff Elementary School, Bellflower Middle School, and Bellflower High School. Additionally, the property is within a 2.25-mile radius of Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183, four major regional shopping destinations providing easy access to a wide variety of retail, dining, and entertainment options. Furthermore, residents of 15335 Woodruff Place benefit from its close location to Interstate 605, State Route 91, and Interstate 605, granting easy access to regional employment hubs throughout Southern California. Given its excellent Bellflower location, the property offers an investor the ability to capture quality tenants seeking a convenient location with acces 15335 Woodruff Place is a 5-unit multifamily investment property located in Bellflower, California. Built in 1958 and 1971, 15335 Woodruff Place offers exclusively two-bedroom units, of which one is a single-story house and four are two-story townhomes. Each townhome unit features a private patio, of which two are spacious wrap-around patios. Additionally, current ownership has invested significant capital into the renovations of three townhouse units. Furthermore, each unit features a water heater, as well as two assigned parking spaces. The property also offers residents access to an on-site laundry facility, providing ownership with an additional revenue stream. Residents enjoy the propertys close proximity to everyday needs at the intersection of Woodruff Avenue and Alondra Boulevard. 15335 Woodruff Place is within walking distance of all three levels of education including Woodruff Elementary School, Bellflower Middle School, and Bellflower High School. Additionally, the property is within a 2.25-mile radius of Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183, four major regional shopping destinations providing easy access to a wide variety of retail, dining, and entertainment options. Furthermore, residents of 15335 Woodruff Place benefit from its close location to Interstate 605, State Route 91, and Interstate 605, granting easy access to regional employment hubs throughout Southern California. Given its excellent Bellflower location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 15335 Woodruff Place.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/154699377
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15335 Woodruff Place Bellflower, CA 90706

  • Price: $1,700,000
  • Status: ACTIVE
  • On Site: 34 Days
  • Updated: 39 min ago
  • ID#: OC24177922
4
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Bellflower (90706)
County:
Los Angeles
Area:
Bellflower (90706)
Property Description
15335 Woodruff Place is a 5-unit multifamily investment property located in Bellflower, California. Built in 1958 and 1971, 15335 Woodruff Place offers exclusively two-bedroom units, of which one is a single-story house and four are two-story townhomes. Each townhome unit features a private patio, of which two are spacious wrap-around patios. Additionally, current ownership has invested significant capital into the renovations of three townhouse units. Furthermore, each unit features a water heater, as well as two assigned parking spaces. The property also offers residents access to an on-site laundry facility, providing ownership with an additional revenue stream. Residents enjoy the propertys close proximity to everyday needs at the intersection of Woodruff Avenue and Alondra Boulevard. 15335 Woodruff Place is within walking distance of all three levels of education including Woodruff Elementary School, Bellflower Middle School, and Bellflower High School. Additionally, the property is within a 2.25-mile radius of Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183, four major regional shopping destinations providing easy access to a wide variety of retail, dining, and entertainment options. Furthermore, residents of 15335 Woodruff Place benefit from its close location to Interstate 605, State Route 91, and Interstate 605, granting easy access to regional employment hubs throughout Southern California. Given its excellent Bellflower location, the property offers an investor the ability to capture quality tenants seeking a convenient location with acces 15335 Woodruff Place is a 5-unit multifamily investment property located in Bellflower, California. Built in 1958 and 1971, 15335 Woodruff Place offers exclusively two-bedroom units, of which one is a single-story house and four are two-story townhomes. Each townhome unit features a private patio, of which two are spacious wrap-around patios. Additionally, current ownership has invested significant capital into the renovations of three townhouse units. Furthermore, each unit features a water heater, as well as two assigned parking spaces. The property also offers residents access to an on-site laundry facility, providing ownership with an additional revenue stream. Residents enjoy the propertys close proximity to everyday needs at the intersection of Woodruff Avenue and Alondra Boulevard. 15335 Woodruff Place is within walking distance of all three levels of education including Woodruff Elementary School, Bellflower Middle School, and Bellflower High School. Additionally, the property is within a 2.25-mile radius of Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183, four major regional shopping destinations providing easy access to a wide variety of retail, dining, and entertainment options. Furthermore, residents of 15335 Woodruff Place benefit from its close location to Interstate 605, State Route 91, and Interstate 605, granting easy access to regional employment hubs throughout Southern California. Given its excellent Bellflower location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 15335 Woodruff Place.
Exterior Features

Pool N/K Site CurbsSidewalks Topography Level

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 2

Property Features

Actual Cap Rate 5.22 Annual Expense Actual 42073 Buildings 3 Cfd Mello Roos Fee 3637.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 12.61 Gross Scheduled Income Actual 134856 Home Owners Fees 0.0 Monthly Total Fees 303 Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1867.0 Unit2 Rent Actual 9371.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Tyler Leeson of Marcus & Millichap RE Invest: 714-713-9086. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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