Seller's Agent in 2021
Brian Noh
Nohco Real Estate
(213) 804-7647
1 in this area
136 Total Sales
15529 Ryon Ave Bellflower, CA 90706
Estimated Value: $1,588,000 - $2,038,000
9
Beds
7
Baths
4,498
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- 0.45 Acre Lot
- Laundry Room
- Central Heating
- Living Room
- Tile Flooring
- Ceiling Fan
About This Home
As of July 2021This is a rare and truly unique opportunity to acquire this 4 Unit property located in Bellflower. This investment offers an owner occupier or investor a chance to acquire four homes on a large lot in a desirable residential neighborhood. The property is comprised of 4,498 SF with (3) 2 bedroom homes in the front and (1) 3 bedroom home in the back that is perfect and private for an owner/occupier. All the units are currently fully occupied with stable tenants, and there is significant upside in the market rents for an investor to maximize. Each of the units have their own two car garages attached, driveway, and front lawn. The entire property was originally built in 1940 and sits on a total lot size of 19,728 SF in the heart of Bellflower. Prime Location in Bellflower near Downey, Lakewood, Norwalk, Cerritos Mall, Freeways, Restaurants & Shops.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 0.45 Acre Lot
- No Common Walls
- Block Wall Fence
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
- 8 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Quadruplex
- Composition Roof
- Stucco
Interior Spaces
- 4,498 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Gas Range
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Central Heating
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 6271029022
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $33,858
- Gross Income $95,400
- Net Operating Income $58,680
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2024
Sold by
Adams Pamela and Monachello Michael
Bought by
Michael Vincent Monachello And Pamela Gayle A
Current Estimated Value
Purchase Details
Closed on
May 24, 2017
Sold by
Mid Cal Realty Services Inc
Bought by
Hollyvale Rental Holdings Llc
Purchase Details
Closed on
May 2, 2017
Sold by
Cornejo Edmundo and Cornejo Lilia
Bought by
Mid Cal Realty Services Inc
Purchase Details
Closed on
Aug 25, 2016
Sold by
Cornejo Edmundo and Cornejo Lilia
Bought by
Cornejo Edmundo and Cornejo Lilia
Purchase Details
Closed on
May 12, 2014
Sold by
Cornejo Edmundo and Cornejo Liha
Bought by
Cornejo Edmundo
Purchase Details
Closed on
Oct 28, 2005
Sold by
Carlson Alan
Bought by
Cornejo Edmundo and Cornejo Lilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 6, 1993
Sold by
Brancato Pearl J
Bought by
Carlson Alan and Carlson George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.1%
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 |
|---|---|---|---|
| Michael Vincent Monachello And Pamela Gayle A | -- | None Listed On Document | |
| Hollyvale Rental Holdings Llc | -- | Accommodation | |
| Mid Cal Realty Services Inc | $1,090,500 | Accommodation | |
| Cornejo Edmundo | -- | None Available | |
| Cornejo Edmundo | -- | None Available | |
| Cornejo Edmundo | $1,100,000 | Fidelity National Title Comp | |
| Carlson Alan | $375,000 | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cornejo Edmundo | $884,000 | |
| Previous Owner | Carlson Alan | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $1,680,000 | -1.1% | $373 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | For Sale | $1,699,000 | -- | $378 / 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 | $22,017 | $1,782,827 | $1,069,697 | $713,130 |
| 2024 | $21,280 | $1,747,871 | $1,048,723 | $699,148 |
| 2023 | $20,419 | $1,713,600 | $1,028,160 | $685,440 |
| 2022 | $20,063 | $1,680,000 | $1,008,000 | $672,000 |
| 2021 | $14,419 | $1,169,233 | $701,219 | $468,014 |
| 2020 | $14,296 | $1,159,245 | $694,029 | $465,216 |
| 2019 | $14,054 | $1,136,555 | $680,421 | $456,134 |
| 2018 | $13,452 | $1,114,310 | $667,080 | $447,230 |
| 2016 | $15,187 | $1,275,616 | $802,312 | $473,304 |
| 2015 | $14,873 | $1,256,456 | $790,261 | $466,195 |
| 2014 | $14,674 | $1,231,844 | $774,781 | $457,063 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Noh
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21118370
APN: 6271-029-022
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
Nearby Homes
- 15553 Blaine Ave
- 9548 Alondra Blvd
- 15751 Blaine Ave
- 15355 Eucalyptus Ave
- 9727 Glandon St
- 9229 Mandale St
- 16401 Clark Ave
- 9045 Algeroma St
- 9921 Flora Vista St Unit 5
- 9719 Belmont St
- 9564 Rosecrans Ave
- 15539 Woodruff Ave Unit 17
- 15804 Lakewood Blvd
- 9494 Van Ruiten St
- 9917 Van Ruiten St
- 15154 Oliva Ave
- 16414 Cornuta Ave Unit 8
- 16919 Ardmore Ave
- 8746 Chester St
- 9833 Walnut St
- 15522 Stevens Ave
- 15526 Stevens Ave
- 15518 Stevens Ave
- 15511 Ryon Ave Unit 4
- 15511 Ryon Ave Unit 1
- 15523 Ryon Ave Unit 7
- 15521 Ryon Ave Unit 6
- 15519 Ryon Ave
- 15515 Ryon Ave Unit 3
- 15513 Ryon Ave
- 15602 Stevens Ave
- 15512 Stevens Ave
- 15608 Stevens Ave
- 15506 Stevens Ave
- 15549 Ryon Ave
- 15612 Stevens Ave
- 15503 Ryon Ave
- 15543 Ryon Ave
- 15509 Ryon Ave
- 15618 Stevens Ave