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Sold for $4,990,000
  • Listed by: Marcus & Millichap RE Invest • Tyler Leeson • Contact: 949-419-3326
    Bought with: NONMEMBER MRML
    $4,990,000

    9040-9042 Ramona St, Bellflower, CA 90706

    32beds
    22baths
    18,216sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $5,017,300 Zestimate®
    $274/sqft
    $3,008 Estimated rent

    Home value

    $5,017,300

    $4.57M - $5.52M

    $3,008/mo

    Zestimate® history
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    What's special

    Ramona Street Apartments is a 22-unit multifamily investment property located at 9040 - 9042 Ramona Street in Bellflower, CA. Located on the border of Bellflower, Lakewood, & Long Beach, Ramona Street Apartments is uniquely placed in-close proximity of top destinations and major employment hubs including Lakewood Center, Los Cerritos Center, the Promenade at Downey, and Long Beach Airport, all of which are situated within 4 miles of the property. Furthermore, Ramona Street Apartments’ proximity to Lakewood Boulevard and State Route 91 provides residents with convenient access throughout Southern California. Ramona Street Apartments offers an attractive mix of one and two-bedroom units, averaging over 825 square feet. This diverse mix of floor plans helps the property appeal to a broad renter pool. The property, built in 1961 on a spacious 0.75-acre parcel, features desirable amenities including gated access, ample parking, a swimming pool, an on-site laundry facility, and a spacious yard with a communal BBQ and picnic area. In summary, the property’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With upside and strong rental metrics, Ramona Street Apartments represents an attractive opportunity for a new owner seeking well-located units.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with:

    MATTHEW HOYT, DRE #01948246

    NONMEMBER MRML

    Source: CRMLS,MLS#: OC25117993MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 22
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 18,216
    • Total interior livable area: 18,216 sqft

    Property

    Parking
    • Total spaces: 33
    • Uncovered spaces: 33
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First level
    • Pool features: Community
    Lot
    • Size: 0.75 Acres
    • Features: Street Level
    Details
    • Parcel number: 7162010043
    • Zoning: BFM1*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Sidewalks, Pool
    Location
    • Region: Bellflower

    Financial & listing details

    • Price per square foot: $274/sqft
    • Date on market: 5/27/2025
    • Cumulative days on market: 99 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    1/5/2026Sold$4,990,000-6.1%$274/sqft
    Source: CRMLS #OC25117993 Report a problem
    9/11/2025Pending sale$5,315,000$292/sqft
    Source: CRMLS #OC25117993 Report a problem
    9/3/2025Contingent$5,315,000$292/sqft
    Source: CRMLS #OC25117993 Report a problem
    7/15/2025Price change$5,315,000-5.9%$292/sqft
    Source: CRMLS #OC25117993 Report a problem
    5/27/2025Listed for sale$5,650,000$310/sqft
    Source: CRMLS #OC25117993 Report a problem
    6/17/2020Listing removed$1,550
    Source: Beach Front Property Management Report a problem
    3/24/2020Listed for rent$1,550
    Source: Beach Front Property Management Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90706

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,017,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,017,300