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Investment Highlights

  • 22-Unit Multifamily Opportunity in Bellflower with Strong In-Place Income and Excellent Curb Appeal
  • Substantial and Noteworthy Renovation in 2025, Featuring Copper Plumbing, New Double Pane Vinyl Windows, and Beautifully Landscaping
  • Individually Metered Gas and Electricity, Reducing Owner Utility Burden and Enhancing Operating Efficiency
  • Majority Large Two-Bedroom Units, Many with Garages, Supporting Durable Tenant Demand and Long-Term Occupancy
  • Units Include Gas Cooking, Gas Wall Heating, Wall-Mounted A/C, and the Interiors Have Been Renovated with Quartz Counters and New Vinyl Plank Flooring
  • Located in a High-Demand Bellflower Rental Market Known for Community Charm, Commercial Vitality, and a History of Low Vacancy

Executive Summary

Mark Bridge at Matthews is pleased to present the Casa Segura Apartments, a well-located multifamily community in the heart of Bellflower, California. Built in 1972, this 22-unit property offers a rare combination of strong in-place operations and a substantial and noteworthy renovation. The community is largely comprised of large two-bedroom units, many paired with garage parking, supporting durable tenant demand. Property features include copper plumbing, individually metered gas and electricity, a leased laundry facility, pitched composition roofing approximately 8 years old, an interior courtyard and pool, and newly paved asphalt throughout. The secured, gated environment and robust parking mix of 21 garages plus 12 assigned spaces further elevate resident appeal. The unit features include gas cooking, gas wall heating, wall-mounted air conditioning, new quartz countertops, new vinyl plan flooring, cabinet hardware, new bathroom vanities and reglazed showers.
The multifamily strategically positioned along Downey Ave, a key Bellflower thoroughfare with immediate access to the 91 Freeway, streamlining commutes throughout Southeast Los Angeles County and beyond. Bellflower’s tight-knit, multicultural community and active commercial scenes, including retail, healthcare, and neighborhood serving businesses, reinforce ongoing rental strength.
Mark.Bridge@Matthews.com | 949-681-8388
David Harrington | CA #02168060 | Matthews

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $784,246 $43.02
Other Income $8,238 $0.45
Vacancy Loss $23,527 $1.29
Effective Gross Income $768,957 $42.18
Taxes $119,964 $6.58
Operating Expenses $136,963 $7.51
Total Expenses $256,927 $14.09
Net Operating Income $512,030 $28.09

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $784,246
Annual Per SF $43.02
Other Income (CAD)
Annual $8,238
Annual Per SF $0.45
Vacancy Loss (CAD)
Annual $23,527
Annual Per SF $1.29
Effective Gross Income (CAD)
Annual $768,957
Annual Per SF $42.18
Taxes (CAD)
Annual $119,964
Annual Per SF $6.58
Operating Expenses (CAD)
Annual $136,963
Annual Per SF $7.51
Total Expenses (CAD)
Annual $256,927
Annual Per SF $14.09
Net Operating Income (CAD)
Annual $512,030
Annual Per SF $28.09

Property Facts

Price $9,597,130 CAD
Price Per Unit $436,233 CAD
Sale Type Investment
Cap Rate 5.34%
Gross Rent Multiplier 12.24
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.58 AC
Building Size 18,229 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1972/2025
Parking Ratio 1.81/1,000 SF
Zoning Multifamily - Multifamily

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Heating
  • Oven
  • Range
  • Double Pane Windows
  • Vinyl Flooring
  • Quartz Countertops

Site Amenities

  • Courtyard
  • Fenced Lot
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $2,609 CAD 770
2+1 14 $3,177 CAD 860
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
7107-004-005
Land Assessment
$2,788,272 CAD
Improvements Assessment
$4,217,261 CAD
Total Assessment
$7,005,533 CAD
Annual Taxes
$119,964 CAD ($6.58 CAD/SF)
Tax Year
2025
  • Listing ID: 38807950

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 17100 Downey Ave, Bellflower, CA 90706

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