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.
MLS #
CRPW25176036
MLS Source
California Regional MLS
Pool
None
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 875 | – | 0/0 | – |
10004 Foster Rd is a Residential Income in Bellflower, CA 90706. This – square foot property sits on a 6,071 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,190,000 and was built in 1956. This address can also be written as 10004 Foster Rd, Bellflower, CA 90706.
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This listing information is up-to-date as of October 07, 2025. For the most current information, please contact Daniel Gomez, (562) 318-0214