$2,375,550 Price Analysis   ♡   Bellflower, CA 90706 13 bed 10 bath 6,466 SqFt ($367/SqFt) 0.23 acre lot. Built 1972 Listed 2024-04-17, Taxes $18,012 | Ⓧ USDA Ineligible due to price & location near Bellflower |
Ideally located two lots off of the vibrant downtown of Bellflower Blvd.
In Bellflwer, California, this multifamily property offers an enticing investment opportunity, close walking proximity to dining and shopping, as well as convenient freeway access to the 91 and 605 freeways. The complex features nine units, including four 2-bedroom/1-bath, one 1-bedroom/1.5-bath and four 1-bedroom/1-bath apartments, all supported by 14 gated parking spaces.
Currently generating $13, 215 in monthly income, with the potential to achieve approximately an income upside of $4, 000 with modest rent adjustments, . All tenants are on a month-to-month lease, providing flexibility in management. Major updates include a new roof installed in 2007, a comprehensive copper re-pipe in 2011 with a 50-year warran ty, a new 100-gallon water heater in 2022 and new windows in the majority of the units. Reach out for this opportunity today.
Presented by Martin Marquez Jr. & Chase Wybenga at
eXp Realty of California Inc.
Property MLS #DW24075638 from CRMLS
Heating Features: Wall Furnace
Heating: Yes
Lot Size Acres: 0.2315
Lot Size Source: Assessor
Lot Size Square Feet: 10085
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 2
Bedrooms in Unit-9: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Tenant Pays: Cable TV, Electricity, Gas
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2411.00
Area: RG - Bellflower North of 91 Frwy, S of Alondra
Source Neighborhood: RG - Bellflower North of 91 Frwy, S of Alondra
New Taxes Expense: 34340.00
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 9
Number of Separate Water Meters: 1
Parcel Number: 7109026018
Professional Management Expense: 8000.00
Trash Expense: 5133.00
Zoning: BFR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,092,134 + $303,366 $1,395,500 | $18,012 |
| 2021 | $1,070,720 + $297,418 $1,368,138 | $17,637 |
| 2020 | $1,059,742 + $294,369 $1,354,111 | $17,491 |
| 2019 | $1,038,963 + $288,598 $1,327,561 | $17,197 |
| 2018 | $1,018,592 + $282,940 $1,301,532 | $16,713 |
| 2017 | $998,620 + $277,393 $1,276,013 | $16,350 |
| 2016 | $979,040 + $271,954 $1,250,994 | $15,998 |
| 2015 | $964,334 + $267,869 $1,232,203 | $15,676 |
| 2014 | $945,445 + $262,622 $1,208,067 | $15,496 |
| 2013 | $941,173 + $261,436 $1,202,609 | $14,935 |
| 2012 | $922,719 + $256,310 $1,179,029 | $14,267 |
| 2010 | $904,627 + $251,285 $1,155,912 | $13,781 |
| 2009 | $743,199 + $123,860 $867,059 | $10,662 |
| 2009 | $897,867 + $249,407 $1,147,274 | $10,662 |
| 2008 | $728,627 + $121,432 $850,059 | $10,338 |
| 2007 | $714,341 + $119,051 $833,392 | $10,030 |
$2,375,550
CRMLS
Listing removed 2024-04-30
$0
CRMLS
Listed 2024-04-17
$2,499,999
CRMLS
Sold 2011-03-30
$1,150,000
SoCalMLS
Sold 2009-01-07
$1,150,000
Public Record
Listed 2008-09-08
$1,197,900
SoCalMLS
Sold 1989-02-17
$595,000
Public Record
Year Built: 1972
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 52
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1826.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.