$3,995,000
MLS: PW26204455
Beds
—
Baths
—
Sq Ft
8,709
Lot
0.85 ac
Year Built
1929
MLS #
PW26204455
Days on Market
20
Listed
Sep 28, 2026
Description
*** A RARE Opportunity to ACQUIRE a FULLY ENTITLED & APPROVED 48-unit SENIOR HOUSING DEVELOPMENT in Bellflower California. Offered together with TWO existing INCOME PRODUCING RESIDENTIAL parcels. The existing properties consist of 8-Rental units generating $ 14,540 a month / $ 174,480 yearly. Side note- Rent increases coming in a couple months. This is 2 separate parcels with 1 loan for the entire property. This is your chance to ACQUIRE a fully entitled senior housing development opportunity while benefiting from an existing income producing residential portfolio. Existing rental income provides an immediate income stream while the Buyer/Investor/Developer executes his Strategy for his Future Development with this Entire Property. Buy & Build at your Leisure to maximize terms and market. At $ 3,995,000 Sales Price with a Fully Entitled & Approved 48-units is only $ 83,229 a Door. With an estimated $ 2,150 Rents per unit conservatively for a completely Brand-New Build and all the amenities' totals $ 103,200 a month with yearly total of $ 1,238,400 yearly. Development documentation available to qualified buyers/investors/developers. *** Take a look and the Architectural plans and AERIAL Video showing the front, sides and back of this Project in the Supplement Section. A RARE & WONDERFUL OPPORTUNITY to own a Brand New 48 Unit Senior Housing Development.
Location
Bellflower, Los Angeles County, CA 90706
Open on Google Maps ↗Listed by: Rod Austin · Home Base Realty Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$30,854
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $399,500 · Loan: $3,595,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $24,895
- Property tax (1.25%)
- $4,161
- Homeowners insurance
- $300
- Mortgage insurance
- $1,498
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Bellflower home with as little as 3.5% down using an FHA loan — roughly $139,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Bellflower, CA 90706 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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