F
Seller's Agent in 2022
Fred Denny
First Team Real Estate
(562) 688-8666
1 in this area
12 Total Sales
14003 Woodruff Ave Bellflower, CA 90706
Estimated Value: $1,309,000 - $1,501,000
8
Beds
4
Baths
3,536
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- Laundry Room
- Downey High School Rated A
- Level Lot
About This Home
As of July 2022Seller reduced the price and increased the rents! Rarely available 4-plex in this high demand area with all two bedrooms along the very desirable grass parkway and tree lined Woodruff Avenue. This beautiful strip along the grass parkway is literally surrounded by single family homes. Strong rental demand for these spacious 2 bedrooms apartments each with their own 1 car garage, and an abundance of service street parking as well. Many upgrades to this building including some kitchens (see pictures), flooring, re-pipe, and more.
Very low landlord expenses due to each unit having separate water heaters, electric and gas meters. Common area laundry room too.
***THESE RENTS ARE SO LOW THAT MULTIPLE MODEL MATCH UNITS ON THIS BLOCK HAVE RENTED FOR UP TO $300 PER MONTH HIGHER ($1,850), and other 2 bedroom 1 baths in the immediate area can be found for $1,950***
(Actual rents shown in MLS are effective August 1, 2022.)
Last Agent to Sell the Property
First Team Real Estate License #00832957 Listed on: 04/15/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,651
Year Built
- Built in 1954
Lot Details
- 6,737 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 4 Car Garage
Home Design
- 3,536 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 194
- Tax Tract Number 18329
- Assessor Parcel Number 6281015028
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- Operating Expense $24,156
- Gross Income $80,520
- Net Operating Income $56,364
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2022
Closed on
Jun 28, 2022
Sold by
Ritchie Family Trust
Bought by
California Ave Rentals Llc
Seller's Agent
Fred Denny
First Team Real Estate
Buyer's Agent
Wendy Lares
CENTURY 21 REALTY MASTERS
List Price
$1,450,000
Sold Price
$1,260,000
Premium/Discount to List
-$190,000
-13.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,822
Avg. Annual Appreciation
2.88%
Purchase Details
Closed on
Sep 24, 2008
Sold by
Ritchie William L and Ritchie Cameron C
Bought by
Ritchie William L and Ritchie Cameron C
Purchase Details
Closed on
May 6, 2004
Sold by
Goren Marlene and The Marlene Goren Revocable Tr
Bought by
Ritchie William L and Ritchie Cameron C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.22%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 10, 2001
Sold by
Goren Marlene
Bought by
Goren Marlene and The Marlene Goren Revocable Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
7.09%
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| California Ave Rentals Llc | $1,260,000 | Ticor Title | |
| Ritchie William L | -- | None Available | |
| Ritchie William L | $650,000 | Stewart Title Company | |
| Goren Marlene | -- | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ritchie William L | $523,250 | |
| Previous Owner | Ritchie William L | $520,000 | |
| Previous Owner | Goren Marlene | $200,000 | |
| Previous Owner | Goren Marlene | $167,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $1,260,000 | -3.1% | $356 / Sq Ft |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | Price Changed | $1,300,000 | -7.1% | $368 / Sq Ft |
| 06/03/2022 06/03/22 | Price Changed | $1,399,000 | -3.5% | $396 / Sq Ft |
| 04/15/2022 04/15/22 | For Sale | $1,450,000 | -- | $410 / 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 | $16,651 | $1,310,904 | $572,220 | $738,684 |
| 2024 | $16,651 | $1,285,200 | $561,000 | $724,200 |
| 2023 | $16,087 | $1,260,000 | $550,000 | $710,000 |
| 2022 | $11,141 | $870,851 | $334,941 | $535,910 |
| 2021 | $10,932 | $853,776 | $328,374 | $525,402 |
| 2019 | $10,658 | $828,454 | $318,635 | $509,819 |
| 2018 | $10,365 | $812,211 | $312,388 | $499,823 |
| 2016 | $10,047 | $780,673 | $300,258 | $480,415 |
| 2015 | $9,907 | $768,947 | $295,748 | $473,199 |
| 2014 | $9,378 | $753,885 | $289,955 | $463,930 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Denny
-
Wendy Lares
Buyer's Agent in 2022
Wendy Lares
CENTURY 21 REALTY MASTERS
(562) 325-0454
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22076271
APN: 6281-015-028
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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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