D
Seller's Agent in 2022
Dan Owens
Owens Commerical Investments
(949) 573-4884
4 in this area
13 Total Sales
10550 Bell St Stanton, CA 90680
14
Beds
14
Baths
7,875
Sq Ft
0.4
Acres
Highlights
- 0.4 Acre Lot
- Courtyard Views
- Drip System Landscaping
- Private Yard
- Laundry Room
- Turnkey
About This Home
As of September 2022Great Investment Opportunity to obtain 8 Units (Two Legal 4-plexes) In a phenomenal location! Subject property located at 10550-10560 Bell Street. This property is surrounded by Immaculately Maintained Newer and Large Condo Complexes. This property contains six (6) large 2 bedroom and 2 bath units and two (2) large 1 bedroom 1 bath. The location just one block to the City of Cypress, surrounded by Single Family Residences. You do not typically find apartment complexes in a great location such as this. This is a beautiful turnkey property, with great tenants who all pay rent on time! The property produces stable income and 20% upside in current rents. Property shows beautifully and 6 of the 8 units have new flooring on the interiors. Exterior is immaculate, with new lighting on building, security screen doors on all units, designer paint, beautiful landscaping, resurfaced driveways and parking lot. Convenient design for ingress and egress around property and detached garages in the back of property. Beautiful courtyard for tenants to enjoy. Great situation to obtain 8 units with residential loan, financing each 4-unit complex individually. Each 4-plex can be purchased separately at $1,699,000, but they must close concurrently. This property is a must-see!
Last Agent to Sell the Property
Owens Commerical Investments License #01809597 Listed on: 05/20/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 0.4 Acre Lot
- Two or More Common Walls
- Drip System Landscaping
- Paved or Partially Paved Lot
- Level Lot
- Flag Lot
- Front Yard Sprinklers
- Private Yard
- Lawn
- 07931264
Parking
- 8 Car Garage
- 4 Open Parking Spaces
- Two Garage Doors
- Garage Door Opener
- Driveway Level
- On-Street Parking
- Assigned Parking
Home Design
- Quadruplex
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Pre-Cast Concrete Construction
- Asphalt
- Stucco
Interior Spaces
- 7,875 Sq Ft Home
- 2-Story Property
- Courtyard Views
- Fire and Smoke Detector
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Wall Furnace
- Natural Gas Connected
- Central Water Heater
Additional Features
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 13
- Tax Tract Number 17020
- Assessor Parcel Number 07931265
- $1,333 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,110
- Fuel Expense $4,586
- Gardener Expense $1,800
- Insurance Expense $3,176
- Maintenance Expense $5,416
- Trash Expense $3,366
- Water Sewer Expense $5,820
- New Taxes Expense $37,174
- Operating Expense $63,021
- Gross Income $171,600
- Net Operating Income $110,352
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $3,080,000 | -5.2% | $391 / Sq Ft | |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- | |
| 07/07/2022 07/07/22 | Price Changed | $3,250,000 | -1.5% | $413 / Sq Ft | |
| 06/21/2022 06/21/22 | Price Changed | $3,300,000 | -1.7% | $419 / Sq Ft | |
| 06/08/2022 06/08/22 | Price Changed | $3,356,000 | -1.2% | $426 / Sq Ft | |
| 06/03/2022 06/03/22 | For Sale | $3,398,000 | 0.0% | $431 / Sq Ft | |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- | |
| 05/20/2022 05/20/22 | For Sale | $3,398,000 | +183.2% | $431 / Sq Ft | |
| 02/26/2021 02/26/21 | Sold | $1,199,999 | 0.0% | $152 / Sq Ft | View Prior Sale |
| 02/10/2020 02/10/20 | For Sale | $1,199,900 | +47.2% | $152 / Sq Ft | |
| 07/07/2014 07/07/14 | Sold | $815,000 | -8.3% | $207 / Sq Ft | View Prior Sale |
| 05/21/2014 05/21/14 | Pending | -- | -- | -- | |
| 03/22/2014 03/22/14 | For Sale | $889,000 | -- | $226 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,913 | $1,602,216 | $1,445,904 | $156,312 |
| 2024 | $18,913 | $1,570,800 | $1,417,552 | $153,248 |
| 2023 | $18,440 | $1,540,000 | $1,389,756 | $150,244 |
| 2022 | $14,915 | $1,223,898 | $1,084,295 | $139,603 |
| 2021 | $11,684 | $904,911 | $756,945 | $147,966 |
| 2020 | $11,524 | $895,633 | $749,184 | $146,449 |
| 2019 | $11,216 | $878,072 | $734,494 | $143,578 |
| 2018 | $11,059 | $860,855 | $720,092 | $140,763 |
| 2017 | $10,687 | $843,976 | $705,973 | $138,003 |
| 2016 | $10,643 | $827,428 | $692,130 | $135,298 |
| 2015 | $10,520 | $815,000 | $681,734 | $133,266 |
| 2014 | $5,191 | $360,490 | $209,932 | $150,558 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Owens
-
Matthew Hoyt
Buyer's Agent in 2022
Matthew Hoyt
Hoyt Real Estate, Inc.
(949) 283-1696
2 in this area
42 Total Sales
-
Flor Roman
Seller's Agent in 2021
Flor Roman
Roman Realtors & Financial Ser
(714) 315-6566
2 in this area
4 Total Sales
-
Bob Walz
Seller's Agent in 2014
Bob Walz
New Dimension Investment Prop
(714) 393-8060
9 Total Sales
-
Grant Hahn
Buyer's Agent in 2014
Grant Hahn
Morgan Skenderian
(949) 251-8800
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22105505
APN: 079-312-64
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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