NOT LISTED FOR SALE

14761 Betty Jean Ave Bellflower, CA 90706

Estimated Value: $966,000 - $2,548,000

3 Beds
2 Baths
6,350 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $2,035,000 $320 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $9,024/month

26 Days on Market

About This Home

As of July 2017

14759-14767 Betty Jean Avenue is a 10-unit apartment community in Bellflower, California. The offering includes two triplexes and two duplexes on three contiguous parcels. The property is located between Clark Avenue and Bellflower Boulevard with two of the buildings facing Somerset Boulevard and two facing Betty Jean Avenue.

The property has been well-maintained and offers eight one-bedroom units, two two-bedroom units, and ample parking; several garages and on-site spaces are available.

14759-14767 Betty Jean Avenue presents an excellent opportunity for an astute investor to rehabilitate and reposition the property in order to add value and capture substantial potential upside in rents.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 05/26/2017

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 05/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,554

Year Built

  • Built in 1952

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • 6277-010-025, 6277-010-026

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 6,350 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 110
  • Tax Tract Number 13735
  • Assessor Parcel Number 6277010024

Community Details

Overview

  • 4 Buildings
  • 10 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Operating Expense $47,513
  • Net Operating Income $76,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,554

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: BFR3YY
  • Property Type: Residential Income
  • Parcel Number: 6277010024
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 320.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6277-010-025, 6277-010-026
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17862.00

Multi Family

  • Gross Scheduled Income: 128112.00
  • Net Operating Income: 76980.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 47513.00
  • Rent Control: No
  • Total Expenses: 47513.00

Tax Info

  • Tax Census Tract: 5540.01
  • Tax Lot: 110
  • Tax Tract Number: 13735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 26, 2017
Sold by
Flynn Kevin and Flynn Bridget
Bought by
Ashland Development Llc
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$1,995,000
Sold Price
$2,035,000
Premium/Discount to List
$40,000
2.01%
Current Estimated Value
$1,525,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$509,667
Avg. Annual Appreciation
-2.92%

Purchase Details

Closed on
Feb 8, 2017
Sold by
Bonazzola Thomas
Bought by
Bonazzola Conner F

Purchase Details

Closed on
Jul 30, 2015
Sold by
Bonazzola Mark L and The Patricia Flynn Bonazzola T
Bought by
Bonazzola Mark L and Bonazzola Michael

Purchase Details

Closed on
Apr 22, 2005
Sold by
Bonazzola Mark L and Thomas J Flynn Family Trust
Bought by
Bonazzola Patricia Flynn and Flynn Kevin
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ashland Development Llc $2,035,000 Ticor Title
Bonazzola Conner F -- Accommodation
Bonazzola Mark L -- None Available
Bonazzola Patricia Flynn -- Stewart Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $2,035,000 +2.0% $320 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $1,995,000 -- $314 / 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 $8,554 $694,638 $416,442 $278,196
2024 $8,554 $681,019 $408,277 $272,742
2023 $8,214 $667,667 $400,272 $267,395
2022 $8,068 $654,576 $392,424 $262,152
2021 $7,902 $641,742 $384,730 $257,012
2020 $7,833 $635,163 $380,786 $254,377
2019 $7,698 $622,710 $373,320 $249,390
2018 $7,464 $610,500 $366,000 $244,500
2016 $2,396 $153,515 $47,331 $106,184
2015 $2,350 $151,211 $46,621 $104,590
2014 $2,337 $148,250 $45,708 $102,542
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1200

    1 in this area

    96 Total Sales

    Section Image
  • Steve Day

    Buyer Co-Listing Agent in 2017

    Steve Day

    Day & Associates

    (310) 529-6456

    20 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17117565

California Regional Multiple Listing Service (CRMLS)

APN: 6277-010-024

California Los Angeles County Bellflower 90706

14761 Betty Jean Ave, Bellflower, CA

This home is located at 14761 Betty Jean Ave, Bellflower, CA 90706 since 26 May 2017 and is currently estimated at $1,525,333, approximately $240 per square foot. This property was built in 1952. 14761 Betty Jean Ave is a home located in Los Angeles County with nearby schools including Washington Elementary School, Bellflower High School, and Adventist Union School.

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.

California Regional Multiple Listing Service (CRMLS) 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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