15335 Woodruff Place is a 5-unit multifamily investment property located in Bellflower, California. Built in 1958 and 1971, 15335 Woodruff Place offers exclusively two-bedroom units, of which one is a single-story house and four are two-story townhomes. Each townhome unit features a private patio, of which two are spacious wrap-around patios. Additionally, current ownership has invested significant capital into the renovations of three townhouse units. Furthermore, each unit features a water heater, as well as two assigned parking spaces. The property also offers residents access to an on-site laundry facility, providing ownership with an additional revenue stream. Residents enjoy the property’s close proximity to everyday needs at the intersection of Woodruff Avenue and Alondra Boulevard. 15335 Woodruff Place is within walking distance of all three levels of education including Woodruff Elementary School, Bellflower Middle School, and Bellflower High School. Additionally, the property is within a 2.25-mile radius of Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183, four major regional shopping destinations providing easy access to a wide variety of retail, dining, and entertainment options. Furthermore, residents of 15335 Woodruff Place benefit from its close location to Interstate 605, State Route 91, and Interstate 605, granting easy access to regional employment hubs throughout Southern California. Given its excellent Bellflower location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 15335 Woodruff Place.
Listed by Tyler Leeson
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License #01451551
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Marcus & Millichap RE Invest
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tleeson@marcusmillichap.com
Last updated January 31, 2025
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Source: CRMLS #OC24177922
Listing Facts
TypeMulti-family
NeighborhoodSoutheast LA
Days on Prevu424
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/18/2024
Status changed to Active
$1,700,000
09/17/2024
Status changed to Removed from Feed
$1,700,000
08/27/2024
Listed by Marcus & Millichap RE Invest
$1,700,000
Property Details for 15335 Woodruff Place
Association
Amenities
Community Features: Curbs, Gutter(s), Sidewalks
Exterior
Construction
Number Of Units Total: 5
Stories: 2
Stories Total: 2
Year Built: 1971
Common Walls: No Common Walls
Entry Level: 1
Entry Location: First level
Measurements
Building Area Total: 4,628
Building Area Units: Square Feet
Lot Features: Street Level
Lot Size Acres: 0.22
Lot Size Area: 0
Lot Size Source: Assessor
Lot Size Square Feet: 9,583
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 5.08
Gross Income: $132,456.00
Operating Expense: $42,073.00
Taxes
Parcel Number: 6274035019
Other
Location
Tax Lot: 22
Parking
Parking
Carport Spaces: 4
Carport: Yes
Garage Spaces: 1
Garage: Yes
Open Parking Spaces: 5
Parking Total: 10
Utilities
Equipment
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.