NOT LISTED FOR SALE

10022 Flower St Bellflower, CA 90706

12 Beds
7 Baths
5,700 Sq Ft
9,091 Sq Ft Lot

Last Sold March 11, 2016

Last sale price $1,150,000 $202 Per Sq Ft

3 Days on Market

Highlights

  • Fireplace in Bathroom
  • Modern Architecture
  • Laundry Room
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence

About This Home

As of March 2016

Pride of ownership of this 6-unit apartment, owned since new in 1979. No lead-base paint problem. Well maintained. New roof and exterior paint. Great interior condition. Excellent quiet rental area. Directly across street from L.A. County court house. Walk to library in 2 minutes. Each unit has its own garage. Easy freeway access.

Last Agent to Sell the Property

Tim Feng

Goldkey Realty License #00777600 Listed on: 12/27/2015

Last Buyer's Agent

Alex Suk Joon

Team Spirit Realty, Inc. License #01843430

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 9,091 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Modern Architecture
  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,700 Sq Ft Home
  • Gas Fireplace
  • Casement Windows
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Upper Level Bedrooms
  • 7 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts in Kitchen
  • Central Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, HVAC maintenance
  • Tax Lot 297
  • Tax Tract Number 2267
  • Assessor Parcel Number 7109016012

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Insurance Expense $1,671
  • Professional Management Expense $9,718
  • Trash Expense $1,418
  • Water Sewer Expense $1,700
  • New Taxes Expense $16,778
  • Gross Income $7,970
  • Net Operating Income $69,748

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 5.82
  • Professional Management Expense: 9718.00
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1700.00
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 7109016012
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Fireplace Features: Bath, Dining Room, Family Room, Gas
  • Price Per Square Foot: 201.75
  • Room Type: All Bedrooms Up
  • Window Features: Casement Windows

Exterior Features

  • Foundation: Slab
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Water Heater Central
  • Electric: 220 Volts in Kitchen
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1418.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 9091.00
  • Price Per Lot Square Foot: 126.50
  • Lot Size Acres: 0.2090

Rental Info

  • Tenant Pays: Electricity, Gas, HVAC Maintenance

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 7970.00
  • Gross Multiplier: 12.54
  • Gross Scheduled Income: 95640.00
  • Insurance Expense: 1671.00
  • Lot Size Area: 9091.0000 Square Feet
  • Net Operating Income: 69748.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 25892.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16778.00
  • Taxes Percent: 1.39
  • Tax Lot: 297
  • Tax Tract Number: 02267

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $1,150,000 -4.1% $202 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/27/2015 12/27/15 For Sale $1,199,000 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,203 $1,361,360 $884,293 $477,067
2024 $17,203 $1,334,667 $866,954 $467,713
2023 $16,537 $1,308,498 $849,955 $458,543
2022 $16,254 $1,282,842 $833,290 $449,552
2021 $15,915 $1,257,689 $816,951 $440,738
2019 $15,517 $1,221,587 $792,721 $428,866
2018 $15,036 $1,197,659 $777,178 $420,481
2016 $7,899 $560,902 $143,434 $417,468
2015 $7,748 $552,478 $141,280 $411,198
2014 $7,677 $541,657 $138,513 $403,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15266545

California Regional Multiple Listing Service (CRMLS)