PRICE REDUCED FOR QUICK CLOSE - LOOKING FOR 21-30 DAY CLOSE. SELLER HAS FOUND THEIR UPLEG. ONE FULLY RENOVATED UNIT DELIVERED VACANT. Presenting 10018 Foster Road, an exceptional investment opportunity in North East Bellflower, borderline Downey. This is truly an exciting opportunity for investors and owner-users alike. This beautiful fourplex boasts all 2-bedroom / 1-bath units averaging approximately 875 square feet, with carport parking and on-site laundry facilities. Recently enhanced with a new roof, exterior paint, and fresh landscaping, it also includes one fully renovated unit with new cabinets, appliances (including washer/dryer) and appointments ready to command a premium rent, or provide a comfortable home for an owner-occupant. Located within a short drive of the Downey Landing, Stonewood Shopping Center, Kaiser Hospital, restaurants, movie theaters, freeways and other support facilities, this investment checks all the boxes! Don't miss your chance, explore this standout opportunity today. Unit No. 1 shows a rental amount of $2,400, which is based on Pro Forma, and will be delivered vacant.
Multi-familyProperty Type
1956Year Built
5,521 sq ftLot Size
$384Est. Price/Sq.Ft.
4 spacesParking
Listed by Nicholas Petrosian•DRE #01462598• Remax Commercial and Investment Realty
•949-607-7096 (agent)
•npetrosian@remaxcir.com (agent)
Listed by Juan Cardenas•DRE #01233927• Remax Commercial and Investment Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
5,521 Sq. Ft.
Year renovated
1956
Sq. Ft.
3,506
Year built
1956
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
6281011023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 9, 2026.
R-3
Multiple Residential District
This zone district is a High Density Residential Zone. The range of density permitted is intended to provide a variety of housing types such as garden apartments, town houses, condominiums, and dwelling groups and guarantee their compatibility with surrounding existing residential development. In that much of the development that will occur in this zone will bring people into close living arrangements, such things as dwelling unit privacy, openness, convenient parking, private and common outdoor spaces, security and overall visual qualities will be of utmost importance. Development in this zone, although providing for higher density living environments, will be expected to create a low density residential image.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Housing-Single unit
Housing-Multiple units
Property details
Parking
Garage
Carport Detached
Parking
# of Parking Spaces (Total): 4
# of Carport Spaces: 4
Interior
Heating & Cooling
No Cooling
Wall Heat
Multi-Unit Income
Gross Income: 89241
Gross Operating Income: $86,564
Net Operating Income: $47,383
Multi-Unit Expenses
Total Annual Expense: $39,181
Multi-Unit Other Financial Information
Cap Rate: 3.86
Gross Rent Multiplier: 13.72
Vacancy Rate: 3
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4
Type Of Units: Multifamily
# of Buildings: 1
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $2,400
Projected Rent: $2,400
Actual Rent: $2,400
# of Units: 1
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $2,062
Projected Rent: $2,400
Actual Rent: $2,062
# of Units: 2
Unit 3 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,465
Projected Rent: $2,400
Actual Rent: $1,465
# of Units: 3
Unit 4 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,510
Projected Rent: $2,400
Actual Rent: $1,510
# of Units: 4
Exterior
Building Information
Total Floors: 2
Two Level
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 5,521
Lot Size (Acres): 0.1267
Zoning: BFR3*
Financial
Assessment Information
Assessed Total Value: $152,837
Assessed Land Value: $50,486
Assessed Land %: 33.03
Assessed Improvement Value: $102,351
Assessed Improvement %: 66.97
Assessor Parcel Number: 6281-011-023
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: South of the 105 Freeway near the intersection of Woodruff Avenue and Foster Road.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,506
Stories: —
Lot Size: 5,521 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1956
Year Renovated: 1956
County: Los Angeles County
APN: 6281011023
Home facts updated by county records on Jul 9, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Lewis Elementary School
Public K-5 • Assigned • 0.4mi
6/10
Sussman Middle School
Public 6-8 • Assigned • 1.4mi
6/10
Downey High School
Public 9-12 • Assigned • 2.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...