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$4,990,000
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Property Description
Ramona Street Apartments is a 22-unit multifamily investment property located at 9040 - 9042 Ramona Street in Bellflower, CA. Located on the border of Bellflower, Lakewood, & Long Beach, Ramona Street Apartments is uniquely placed in-close proximity of top destinations and major employment hubs including Lakewood Center, Los Cerritos Center, the Promenade at Downey, and Long Beach Airport, all of which are situated within 4 miles of the property. Furthermore, Ramona Street Apartments' proximity to Lakewood Boulevard and State Route 91 provides residents with convenient access throughout Southern California. Ramona Street Apartments offers an attractive mix of one and two-bedroom units, averaging over 825 square feet. This diverse mix of floor plans helps the property appeal to a broad renter pool. The property, built in 1961 on a spacious 0.75-acre parcel, features desirable amenities including gated access, ample parking, a swimming pool, an on-site laundry facility, and a spacious yard with a communal BBQ and picnic area. In summary, the property's fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With upside and strong rental metrics, Ramona Street Apartments represents an attractive opportunity for a new owner seeking well-located units.
Full Property Details
Full Property Details for 9040 9042 Ramona St
General
- Sold For: $4,990,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25117993
- Added to Site: 234 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: Community
Location
- Area: RF - Bellflower South of 91 Frwy
- County: Los Angeles
- Development Name: RF - Bellflower South of 91 Frwy
- Driving Directions: Cross Streets of Ramona Street & Lakewood Boulevard
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 22
- # Electric Meters: 22
Structural Information
- Entry Location: First level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 18,216
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 12
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 10
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.75
- Lot Size Source: Assessor
- Zoning: BFM1*
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $273.94
- Price Per Unit: 241591
Listed by Marcus & Millichap RE Invest, Tyler Leeson
Sold by Nonmember Mrml, MATTHEW HOYT
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Schools
Schools serving 9040 9042 Ramona St
School District:Bellflower Unified School District
| Name | Grades | Distance |
|---|---|---|
Craig Williams Elementary School 6144 Clark Avenue, Lakewood, CA 90712 | K-6 | 0.6 mi |
Mayfair High School 6000 Woodruff Avenue, Lakewood, CA 90713 | 7-12 | 1.6 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 9040 9042 Ramona St
Date
Details
Price
Change
Source
1/05/2026
Sold
$4,990,000
-6.11%
MLS
7/15/2025
Price Reduced
$5,315,000
-5.93%
MLS
5/27/2025
Listed
$5,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9040 9042 Ramona Street, Bellflower, CA 90706 (MLS# OC25117993) is a Multi-Family property that was sold at $4,990,000 on January 05, 2026. Want to learn more about 9040 9042 Ramona Street? 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.

