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9240 Palm StreetBellflower, CA 90706

For Sale

$5,150,000

Smart Buyer Rebate $51,500

|| ABSOLUTE PRIDE OF OWNERSHIP, TURN-KEY PROPERTY || GREAT MIX OF 1-BEDROOM/1-BATH & 2-BEDROOM/2-BATH UNITS || STRONG BELLFLOWER RENTAL MARKET NEAR MAJOR THOROUGHFARES || LARGE FLOORPLANS WITH PRIVATE PATIOS || NOT SUBJECT TO CITY RENT CONTROL ||

Listed by Doug Rodermund

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License #01314304

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Morgan Skenderian

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dsr@morganskenderian.com

Last updated February 25, 2026

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Source: CRMLS #PW26041898

Listing Facts

  • TypeMulti-family
  • NeighborhoodSoutheast LA
  • Days on Prevu66
  • Taxes$63,617/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/25/2026
Listed by Morgan Skenderian
$5,150,000

Property Details for 9240 Palm Street

Association

Amenities

  • Community Features: Curbs, Gutter(s), Sidewalks

Exterior

Construction

  • Number Of Units Total: 16
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1963
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 13,421
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.45
  • Lot Size Area: 19,672
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 19,672
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.7
  • Gross Income: $17,940.00
  • Operating Expense: $121,124.00

Taxes

  • Parcel Number: 7162017015
  • Tax Annual Amount: $63,617.00

Other

Location

  • Tax Lot: 339

Parking

Parking

  • Open Parking Spaces: 22
  • Parking Features: Assigned
  • Parking Total: 22

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 9240 Palm Street.

Does this multi-family home have parking?

Yes, there are 22 parking spaces available for 9240 Palm Street.

What are the annual taxes for 9240 Palm Street?

Annual taxes for this multi-family home are estimated at $63,617.

How does 9240 Palm Street compare to other multi-family homes in Southeast LA?

This multi-family home is listed 228% above the average price for multi-family homes in Southeast LA and has been on the market for 6 less days than the typical home in this area.

9240 Palm Street is a -bedroom multi-family home for sale in Bellflower CA 90706. On Prevu for 66 days at $5,150,000. This property is located in Southeast LA. The median listing price for multi-family homes in this area is $822,450. Property amenities include parking. Explore more multi-family home listings in Los Angeles County.

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.

Full MLS Disclaimers

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.