9724 Walnut, Bellflower, California 90706, Bellflower, 90706 - 0 bed, 0 bath
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Bellflower, California 90706
This Residential Income Quadruplex represents a High-Potential Investment Opportunity with a List Price of $1,149,000, positioned below the $1,156,987 Fair Market Value by 1%. This valuation gap offers $7,987 in Instant Equity for buyers looking to capitalize on a value-add play. While the property holds a Condition Rating of 5 due to vintage infrastructure, it features a rare City Lights View and an expansive 8,715 SF Lot. Located in the Bellflower Unified School District with potential to combine adjacent parcels for redevelopment, this asset is ideal for Buy-and-Hold Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9724 Walnut Subject | $1,149,000* List Price | 0 | 0 | 2,803 | $413 | - |
A 9529 Oak St Sold | $1,150,000 | 0 | 0 | 2,298 | $500 | 0.4 mi |
B 15355 Eucalyptus Avenue Active Under Contract | $1,049,999 List Price | 0 | 0 | 3,061 | $343 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952, this quadruplex shows significant signs of deferred maintenance and aging infrastructure. Exterior images reveal rusted security doors, weathered siding, and cracked concrete. The listing description specifically mentions 'vintage infrastructure' and suggests redevelopment by combining lots, indicating that the property likely requires substantial rehabilitation of major systems.
The property is a fully occupied quadruplex with long-term tenants in place, providing immediate and consistent cash flow for the new owner.
The availability of the adjacent property at 9722 Walnut offers a rare opportunity to combine parcels for a larger-scale multi-family development project.
An on-site laundry room with equipment included in the sale provides both a necessary service for tenants and an additional revenue stream for the investor.
Built in 1952, the property may require significant capital expenditures for modernizing aging systems, such as plumbing, electrical, or roofing.
Long-term tenancies often result in rents that are below current market rates, which may limit immediate return on investment until units can be turned over.
PLEASE DO NOT GO ONTO THE PROPERTY, DRIVE BY ONLY!! Great buy in Bellflower! All units are currently rented with long-term tenants. On-site laundry room with washer and dryer included in sale.. The SFR property next door, at 9722 Walnut, is also for sale. Buyers to check with the City of Bellflower on combining the 2 parcels to use both lots! Won't last Water and trash are paid by the owner of the property. Gas and electricity are separate and paid by each tenant
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 | 2,803 | 2,341 | 80% |
| Lot Size | 8,715 | 8,365 | 60% |
| Price | $1.15M | $1.13M | 50% |
| Price per sq ft | $410 | $488 | 20% |
| Built year | 1952 | 1938 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 198 | 10% |
Apr 7, 2026
$1,149,000
Initial Listing