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$ 2,600,000
Est. payment /mo
New
16116 Woodruff Avenue Bellflower, CA 90706
8 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25159757
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
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 Beachs competitive rental market. Dont miss your chance to own a turnkey property with both immediate cash flow and long-term growth potential.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction On Woodruff Ave., between Trabuco St. and Alondra Blvd.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 7017003031
Listed by Juan Huizar Sage Real Estate Group, Inc.