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We are pleased to present the Brownstone Apartments, offered for sale for the first time in over 30 years and located in a strong Bellflower submarket. This well-maintained property features an ideal unit mix of one- and two-bedroom units, along with a permitted studio ADU. The all-electric property has undergone significant capital improvements, including a new roof, new electrical subpanels, new dual-pane windows, new asphalt, updated walkways and balconies, and completed SB 721 compliance. With a cap rate exceeding 7.5% on market rents and over 25% upside in rental income, the Brownstone Apartments offer investors the opportunity to acquire a clean, well-maintained asset with substantial rental upside.
The income description goes here to explain
| List Price | $3,850,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1962 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7106001021 |
| MLS # | PW26039950 |
| Property ID | 294286116 |
| Lot Sqft | 18,741 |
| Zoning | Unknown |
| Total Units | 17 |
| Days on Market | 16 |
| Original List Price | $3,850,000 |
| Date Updated | February 23, 2026 |
| Date Created | February 23, 2026 |
Chris Keramati an agent of . Lic #01702116
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 23, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT