15115 Woodruff, Bellflower, California 90706, Bellflower, 90706 - 0 bed, 0 bath
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Bellflower, California 90706
This Strategic Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,477,999—positioned well below the $1,549,484 Fair Market Value by 4%. This valuation gap provides $71,485 in Instant Equity. The property maintains a Good Condition Rating, featuring a renovated 2-bedroom unit with modern finishes and separate gas/electric meters to minimize landlord overhead. Located near Cerritos College and major freeways, it ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15115 Woodruff Subject | $1,477,999* List Price | 0 | 0 | 4,312 | $359 | - |
A 15355 Eucalyptus Avenue Active Under Contract | $1,049,999 List Price | 0 | 0 | 3,061 | $343 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained with significant recent capital improvements, including a newer roof, upgraded vinyl windows, and fresh exterior paint. One unit has been fully renovated to an 'excellent' standard with modern wide-plank flooring, white shaker-style kitchen cabinetry, quartz-style countertops, and recessed lighting. While the building was originally constructed in 1974, the combination of the turnkey vacant unit and the updated major exterior systems meets the criteria for a 'good' condition rating.
One 2-bedroom unit is recently renovated with a modern kitchen, updated bathroom, and new flooring, allowing for immediate owner-occupancy or market-rate rental without additional capital expenditure.
The property is ideally situated near Cerritos College and major transit arteries (605, 91, and 105 freeways), ensuring high tenant demand and easy commuting throughout Los Angeles and Orange Counties.
With separate gas and electric meters, a newer roof, and upgraded windows, the property offers a lower-maintenance investment with reduced utility overhead for the landlord.
The property operates on a single water meter, meaning the owner typically bears the cost of water for all units, which can lead to unpredictable monthly expenses and lower net operating income.
The building consists exclusively of 2-bedroom units, which lacks the demographic diversity of a mix including 1-bedroom or 3-bedroom options, potentially limiting the range of prospective tenants.
4-unit income property • Corner lot • Renovated vacant unit • Near Cerritos College, Downtown Bellflower & 605/91/105 freeways Well-maintained 4-unit property on a 10,673 sq ft corner lot with 4,312 sq ft of building area. Unit mix includes three 2 bed / 1 bath units and one 2 bed / 2 bath unit. One 2 bed / 1 bath unit is vacant and recently renovated with updated kitchen, bathroom, flooring, recessed lighting, and fresh interior paint, offering immediate move-in or rental opportunity. Property features separate gas and electric meters for each unit, one water meter, and a common laundry room with leased equipment. Each unit includes a private garage, plus additional on-site driveway parking. Exterior improvements include a newer roof, upgraded windows, and recent exterior paint. Located near Cerritos College, Cerritos Towne Center, and Cerritos Civic Center, with access to retail, dining, and services along Lakewood Blvd. Downtown Bellflower is nearby and undergoing revitalization with new restaurants, shops, and local businesses. Convenient access to the 605, 91, and 105 freeways provides regional connectivity throughout Los Angeles and Orange County. Corner lot configuration offers multiple access points and visibility. Combination of a renovated vacant unit and in-place tenants provides flexibility for owner-user occupancy or investment use.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,312 | 2,341 | 90% |
| Lot Size | 10,673 | 8,365 | 60% |
| Price | $1.48M | $1.13M | 80% |
| Price per sq ft | $343 | $488 | 10% |
| Built year | 1974 | 1938 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 198 | 10% |
Apr 17, 2026
$1,477,999
Initial Listing