• 6.00% Actual Cap Rate | 7.27% Pro Forma Cap Rate • 10.60 Actual GIM | 9.12 Pro Forma GIM • 16-unit multifamily property in Bellflower, CA • No Rent Control (Subject only to CA – AB 1482) • Mix: (8) 2 Bed / 1 Bath & (8) 1 Bed / 1 Bath Units • 24 Total Parking Spaces (22 Open & 2 Covered Spaces) • Large Patios & Balconies • Storage Lockers for all tenants, and a Large Laundry Facility • 2-minute walk to Downtown Bellflower Recent Renovations & Capital Improvements • Over $500,000+ in Capital Improvements made • All new Electrical Sub Panels • New Roof • All new Vinyl Windows throughout • Updated Landscaping and Irrigation • New Euro/Modern Cabinets in all Renovated Units • Washer/Dryers included in select units • New Exterior Paint • Significant Wood and Stucco upgrades completed • SB 721 work completed with all new Balconies