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$1,976,000

  • Sold
  • Closed
  • Multi-Family
  • 16 Total Beds
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**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.

Full Property Details for 10018 Foster Rd

General

  • Sold For: $1,976,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-345125
  • Added to Site: 753 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 16

Additional Information

  • Other Features: None

Parking

  • Garage Description: Carport Detached

Location

  • Area: Bellflower N of Alondra, E of Bellflower
  • County: Los Angeles
  • Driving Directions: 105 Freeway, exit Bellflower Blvd

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall

Structural Information

  • # Buildings: 2
  • Stories/Levels: 2
  • Square Feet: 7,012
  • Sq. Ft. Source: Assessor
  • Year Built: 1956
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 8
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1272
  • Lot Size: 11061
  • Lot Size Source: Assessor
  • Zoning: BFR3*

Financial Considerations

  • Price Per Sq. Ft.: $281.66
  • Assessment Year: 1956

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 6281-011-024

Listed and Sold by Remax Commercial and Investment Realty, Nicholas Petrosian and Remax Commercial and Investment Realty, Juan Cardenas

Listing agents

— 10018 Foster Rd —

  • Nicholas Petrosian

    Remax Commercial and Investment Realty

  • Juan Cardenas

    Remax Commercial and Investment Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 10018 Foster Rd

School District:Downey Unified School District
NameGradesDistance
Lewis Elementary School
13220 Bellflower Boulevard, Downey, CA 90242
K-30.4 mi
Carpenter Elementary School
9439 Foster Road, Downey, CA 90242
4-50.8 mi
Sussman Middle School
12500 Birchdale Avenue, Downey, CA 90242
6-81.4 mi
Downey High School
11040 Brookshire Avenue, Downey, CA 90241
9-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 10018 Foster Rd

Date
Details
Price
Change
Source
2/28/2024
Sold
$1,976,000
0.05%
MLS
1/08/2024
Listed
$1,975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Remax Commercial and Investment Realty, Nicholas Petrosian and Remax Commercial and Investment Realty, Juan Cardenas

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10018 Foster Rd, Bellflower, CA 90706 (MLS# 24-345125) is a Multi-Family property that was sold at $1,976,000 on February 28, 2024. Want to learn more about 10018 Foster Rd? Do you have questions about finding other Multi-Family real estate for sale in Bellflower? You can browse all Bellflower real estate or contact a Coldwell Banker agent to request more information.