NOT LISTED FOR SALE

15529 Ryon Ave Bellflower, CA 90706

Estimated Value: $1,568,000 - $2,035,482

9 Beds
7 Baths
4,498 Sq Ft
$394/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2021

Last sale price $1,680,000 $373 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,441 / mo

7 Days on Market

Highlights

  • 0.45 Acre Lot
  • Tile Flooring
  • Ceiling Fan
  • Living Room
  • Central Heating
  • 8 Car Garage

About This Home

As of July 2021

This 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.

Last Agent to Sell the Property

Brian Noh

Nohco Real Estate License #01438155 Listed on: 06/09/2021

Last Buyer's Agent

Brian Noh

Nohco Real Estate License #01438155 Listed on: 06/09/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 19,728 Sq Ft 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 in unit
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.45 Acres

Parking

8

Listing Details

  • Property Attached: No
  • Zoning: BFA106
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6271029022
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 373.50
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19728.00
  • Lot Size Acres: 0.4529

Multi Family

  • Gross Income: 95400.00
  • Gross Scheduled Income: 95400.00
  • Lot Size Area: 19728.0000 Square Feet
  • Net Operating Income: 58680.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 33858.00
  • Rent Control: No
  • Total Actual Rent: 7950.00
  • Total Expenses: 33858.00

Tax Info

  • Tax Census Tract: 5540.02
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Bought by
Current Estimated Value
$1,773,121

Purchase Details

Closed on
May 24, 2017
Sold by
Bought by

Purchase Details

Closed on
May 2, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2016
Sold by
Bought by

Purchase Details

Closed on
May 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bought by

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
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Accommodation
$1,090,500 Accommodation
-- None Available
-- None Available
$1,100,000 Fidelity National Title Comp
$375,000 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $884,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2021

    Brian Noh

    Nohco Real Estate

    (213) 804-7647

    1 in this area

    133 Total Sales

    Brian Noh
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21118370

California Regional Multiple Listing Service (CRMLS)

APN: 6271-029-022

California Los Angeles County Bellflower 90706

15529 Ryon Ave, Bellflower, CA

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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