NOT LISTED FOR SALE

10030 Rosecrans Ave Bellflower, CA 90706

5 Beds
4 Baths
51,347 Sq Ft
2.42 Acres

Last Sold August 01, 2016

Last sale price $11,500,000 $224 Per Sq Ft

32 Days on Market

Highlights

  • In Ground Pool
  • 2.43 Acre Lot
  • No HOA

About This Home

As of August 2016

• Two Bedroom/Two Bath & One Bedroom/One Bath Units
• Substantial Rental Upside
• Balconies/Patios, Garages
• Pool and Jacuzzi
• Large Floor plans
• Built in 1978
• Over 2:1 Parking Ratio

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 02/25/2016

Co-Listed By

Peter Gillin

Morgan Skenderian License #01433769

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 2.42 Acre Lot
  • 1 Common Wall

Parking

  • 48 Car Garage
  • Parking Available

Home Design

  • 51,347 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2350
  • Assessor Parcel Number 6274014026

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 3 Units

Building Details

  • 61 Separate Electric Meters
  • 61 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $4,800
  • Insurance Expense $15,404
  • Maintenance Expense $53,458
  • Other Expense $5,000
  • Pest Control $1,800
  • Pool Expense $3,600
  • Professional Management Expense $25,927
  • Trash Expense $35,147
  • Water Sewer Expense $35,147
  • New Taxes Expense $134,375
  • Gross Income $74,247
  • Net Operating Income $531,577

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

48

Listing Details

  • CapRate: 4.90
  • Professional Management Expense: 25927.00
  • Property Attached: Yes
  • Water Sewer Expenses: 35147.00
  • Property Type: Residential Income
  • Gardener Expense: 4800.00
  • Parcel Number: 6274014026
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 223.97

Exterior Features

  • Pool Expense: 3600.00
  • Pool Features: In Ground

Garage/Parking

  • Garage Spaces: 48.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 48.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 1800.00
  • Trash Expense: 35147.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 105615.00
  • Price Per Lot Square Foot: 108.89
  • Lot Size Acres: 2.4250

Multi Family

  • Gross Income: 74247.00
  • Gross Multiplier: 12.07
  • Gross Scheduled Income: 890964.00
  • Insurance Expense: 15404.00
  • Lot Size Area: 105615.0000 Square Feet
  • Maintenance Expense: 53458.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 531577.00
  • Number Of Separate Electric Meters: 61
  • Number Of Separate Gas Meters: 61
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 332658.00
  • Operating Expense Percent: 37.30
  • Other Expense: 5000.00
  • Other Expense Description: Admin
  • Other Income Description: Utility/Misc
  • Rent Control: No
  • Total Actual Rent: 70650.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 134375.00
  • Tax Lot: 3
  • Tax Tract Number: 2350

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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Average Value
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Sold Price
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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
08/01/2016 08/01/16 Sold $11,500,000 +7.0% $224 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $10,750,000 -- $209 / 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 $77,344 $6,383,215 $2,901,459 $3,481,756
2024 $77,344 $6,258,055 $2,844,568 $3,413,487
2023 $65,923 $5,372,186 $3,338,324 $2,033,862
2022 $64,810 $5,266,850 $3,272,867 $1,993,983
2021 $63,467 $5,163,580 $3,208,694 $1,954,886
2019 $61,906 $5,010,427 $3,113,523 $1,896,904
2018 $58,310 $4,912,184 $3,052,474 $1,859,710
2016 $51,991 $4,373,169 $3,168,965 $1,204,204
2015 $50,923 $4,307,481 $3,121,365 $1,186,116
2014 $46,949 $3,914,000 $2,836,200 $1,077,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16039471

California Regional Multiple Listing Service (CRMLS)