11944 Bellflower Blvd
Downey, CA 90242

Growth Investment Group is proud to offer 11944 Bellflower Boulevard, a spectacular apartment building comprised of six (6) 2 Bedroom + 1 Bathroom units, and individual one (1) car garages located in the highly desirable city of Downey, California. This non-rent-controlled value-add opportunity is perfect for an investor looking to acquire an apartment property and maximize its income potential. The property has been under the same ownership since 2008. The units are currently leased to many long-time tenants on a month-to-month agreement at below market rents. With no rent control Buyers can quickly add value and increase the income by modernizing the units. With only minutes away from Kaiser Permanente, it is within walking distance to Downey Landing, Stonewood Mall, and the New Promenade at Downey. The entire property features large open layout units, with hardwood floors and tile throughout. None of the units have been extensively upgraded which provides prime opportunity for new ownership to complete unit upgrades and maximize the income potential. Most of the tenants are on month-to-month agreements at below market rents, perfect for a sophisticated investor to increase the value.