NOT LISTED FOR SALE

11702 Bellflower Blvd Downey, CA 90241

4 Beds
2 Baths
8,712 Sq Ft
10,739 Sq Ft Lot

Last Sold September 14, 2020

Last sale price $2,125,000 $244 Per Sq Ft

92 Days on Market

Highlights

  • Lawn
  • No HOA
  • Laundry Room
  • Downey High School Rated A

About This Home

As of September 2020

11702 Bellflower Blvd multifamily complex is comprised of nine (9) apartment units, in two (2) buildings. The building construction is of wood frame with a pitched roof and painted stucco exterior. Development was completed in 1947 with a total of 5,712 building square feet situated on a 10,739 square foot lot, zoned DOR3* per public records.

The property consists of (8) one-bedroom + one-bath units and (1) 3-bedroom + 1-bath house with private enclosed yard. Common area amenities include, on-site parking, laundry facility and well maintained and manicured landscaping. Unit amenities include air conditioning, stove and large closet space.

The building is accessible in the front of the property off Bellflower Blvd driveway and there is a total of 9 assigned parking spaces. The property is individually metered for electricity.

Last Agent to Sell the Property

Raymond Rodriguez

Equity Union License #01402283 Listed on: 04/17/2020

Equity Union

Last Buyer's Agent

Ramon Chavez

Dreamwork Realty Inc. License #00938353

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 10,739 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Home Design

  • 8,712 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 6003
  • Assessor Parcel Number 6284015001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,856
  • Professional Management Expense $5,947
  • Trash Expense $1,734
  • Water Sewer Expense $4,253
  • New Taxes Expense $26,563
  • Operating Expense $50,565
  • Gross Income $148,680
  • Net Operating Income $95,217

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • CapRate: 4.48
  • Other Phone Description: 8185856888
  • Professional Management Expense: 5947.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4253.00
  • Zoning: DOR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6284015001
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 243.92

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1734.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 10739.00
  • Lot Size Acres: 0.2465
  • Latitude Manual: 33.92960100

Multi Family

  • Gross Income: 148680.00
  • Gross Scheduled Income: 148680.00
  • Insurance Expense: 2856.00
  • Lot Size Area: 10739.0000 Square Feet
  • Net Operating Income: 95217.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 49003.00
  • Rent Control: Yes
  • Total Expenses: 50565.00

Tax Info

  • New Taxes Expense: 26563.00
  • Tax Census Tract: 5511.02
  • Tax Lot: A
  • Tax Tract Number: 6003

Range of Values:

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Average Value
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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 Change Sq Ft Price
09/23/2020 09/23/20 Off Market $2,125,000 -- --
09/14/2020 09/14/20 Sold $2,125,000 0.0% $244 / Sq Ft
07/10/2020 07/10/20 Price Changed $2,125,000 -5.6% $244 / Sq Ft
05/11/2020 05/11/20 Price Changed $2,250,000 -4.3% $258 / Sq Ft
04/17/2020 04/17/20 For Sale $2,350,000 -- $270 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20075133

California Regional Multiple Listing Service (CRMLS)