MOTIVATED SELLER! PRICED TO SELL!!
This well-located multifamily property offers a rare 100% 2-bedroom, 1-bath unit mix, ideal for tenant retention and strong rental demand. With over 50% upside in gross rents and 95%+ potential NOI growth, this asset is primed for a value-add strategy. All units are currently tenant occupied and up to date on rent, providing immediate income.
Recent capital improvements include a BRAND-NEW roof and fresh exterior paint, and new central water heater reducing near-term maintenance costs. The property features 5 onsite parking spaces and offers ADU development potential (buyer to verify). Located directly on the border of Downey (90242), just across Foster Rd, this asset benefits from strong local demographics and rental demand and less than 1/4 mile from both the 105 & 605 Freeways.
Perfect for investors seeking long-term upside, redevelopment potential, first time buyers or a 1031 exchange.
This well-located multifamily property offers a rare 100% 2-bedroom, 1-bath unit mix, ideal for tenant retention and strong rental demand. With over 50% upside in gross rents and 95%+ potential NOI growth, this asset is primed for a value-add strategy. All units are currently tenant occupied and up to date on rent, providing immediate income.
Recent capital improvements include a BRAND-NEW roof and fresh exterior paint, and new central water heater reducing near-term maintenance costs. The property features 5 onsite parking spaces and offers ADU development potential (buyer to verify). Located directly on the border of Downey (90242), just across Foster Rd, this asset benefits from strong local demographics and rental demand and less than 1/4 mile from both the 105 & 605 Freeways.
Perfect for investors seeking long-term upside, redevelopment potential, first time buyers or a 1031 exchange.
Property Details
Price:
$1,200,000
MLS #:
PW25176036
Status:
Active Under Contract
Baths:
0
Address:
10004 Foster Road
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Bellflower
Listed Date:
Aug 5, 2025
State:
CA
ZIP:
90706
Lot Size:
6,071 sqft / 0.14 acres (approx)
Year Built:
1956
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- Address10004 Foster Road Bellflower CA
- Area699 – Not Defined
- CityBellflower
- CountyLos Angeles
- Zip Code90706
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Courtesy of Younglewin Advisors, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.10004 Foster Road
Bellflower, CA
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