9833 Walnut, Bellflower, California 90706, Bellflower, 90706 - 6 bed, 3 bath

9833 Walnut, Bellflower, California 90706 home-pic-0
ACTIVE$1,400,000
9833 Walnut, Bellflower, California 90706
6Beds
3Baths
2,142Sqft
6,868Lot
Year Built
1954
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$654
HOA
-
Days on market
-
Sold On
-
MLS number
SB25244559
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(67th), sqft - 2142(50th), beds - 6(89th), baths - 3(89th).

9833 Walnut Street offers a rare opportunity to acquire three detached homes on a single lot in the heart of Bellflower. Situated just blocks from Downtown Bellflower, Bellflower Blvd, and Hollywood Sports Park, the property provides a walkable and convenient location in a strong rental market. The property features a total of 2,142 square feet of living area on a 6,868 square foot lot, with a unit mix of (3) 2-bedroom/1-bath homes, each equipped with a private 1-car garage. All three dwellings have new plumbing and roofs that were replaced approximately three years ago, providing peace of mind and reduced maintenance for the next owner. This is an ideal opportunity for an owner-user or investor to renovate and capture market rents across the property. At a 3.68% CAP rate and $466,667 per unit, the asset offers both stability and long-term upside. With its central location, multiple income streams, and flexible ownership potential, 9833 Walnut Street stands out as a well-positioned investment opportunity in one of Bellflower’s most accessible neighborhoods.

Price History

Date
Event
Price
10/22/25
Listing
$1,400,000
05/05/97
Sold
$208,181
Condition Rating
Fair

The property, built in 1954, has had recent major system updates with new plumbing and roofs approximately three years ago. However, the interior images, specifically the kitchen and bathroom, show highly dated styles and features, including honey oak cabinets, speckled laminate countertops, older tile backsplashes, and basic fixtures. While functional and seemingly maintained, these areas are significantly outdated and require substantial aesthetic renovation to meet current market standards, as also indicated in the listing's property analysis. This aligns with the 'Fair' condition criteria of being aged but maintained, with functional but outdated major components, and requiring updates.
Pros & Cons

Pros

Multi-Unit Investment: The property offers three detached homes on a single lot, providing diversified income streams and flexibility for owner-users or investors.
Prime Bellflower Location: Situated blocks from Downtown Bellflower, Bellflower Blvd, and Hollywood Sports Park, offering high walkability and strong rental demand in a convenient neighborhood.
Recent Major System Upgrades: New plumbing and roofs (approximately three years old) significantly reduce immediate capital expenditure and maintenance concerns for the new owner.
Value-Add Potential: Presents an ideal opportunity for an owner-user or investor to renovate interiors and increase rents to market rates, boosting future cash flow and property value.
Private Garages: Each of the three units includes a private 1-car garage, a highly desirable amenity for tenants in the area.

Cons

Low Initial CAP Rate: The stated 3.68% CAP rate is relatively low, indicating that immediate cash flow may be limited without significant rent increases or renovations.
Required Interior Renovation: Built in 1954, the property's interiors likely require substantial renovation to achieve market rents, necessitating additional capital investment beyond the purchase price.
Potential for Vacancy During Renovation: To maximize rental income and execute necessary renovations, units may need to be vacant, leading to temporary loss of income and increased project timelines.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state