$1,745,000
SOLD SEP 5, 2024

15530 Ryon Ave Bellflower, CA 90706

5 Beds
4 Baths
4,775 Sq Ft
0.47 Acres

Recently Sold

$365 Per Sq Ft

8% Below List Price

20 Days on Market

Highlights

  • 0.47 Acre Lot
  • Neighborhood Views
  • Tile Flooring
  • Property is near public transit
  • Laundry Room
  • Forced Air Heating System

About This Home

As of September 2024

4 individual houses located in a quiet residential area in the City of Bellflower. Between Somerset and Alondra, 1 block west of Bellflower Blvd at 15530 Ryon Avenue. The property was built in 1976, each unit has its own attached 2-car garage & laundry hook-ups. The 4 units totaled to 4,775 SF and the lot size is 0.47 acre (20,367 SF). The front unit has 3 bedrooms and 2 full bathrooms plus a private patio space. The other 3 units have 2 bedrooms and 2 bathrooms. New electrical panel was recently installed. There is a large paved parking area in the back of the property for addition parking. All 4 units are tenant occupied. These are long term tenants on a month-to-month lease and all are current. Current rents are below market with the upside potential in rents. The property is near multiple schools, shopping, and easy excess to 91 fwy, 605 fwy, 105 fwy and 5 f

Last Agent to Sell the Property

Christina Wong

Newco Realty Brokerage Phone: 626-826-4753 License #01721204 Listed on: 06/07/2024

Last Buyer's Agent

Christina Wong

Newco Realty Brokerage Phone: 626-826-4753 License #01721204 Listed on: 06/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,245

Year Built

  • Built in 1976

Lot Details

  • 0.47 Acre Lot
  • 1 Common Wall
  • Block Wall Fence
  • Front Yard

Parking

  • 8 Open Parking Spaces
  • 8 Car Garage

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 4,775 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 2336
  • Assessor Parcel Number 6271032029
  • $1,792 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,100
  • Trash Expense $1,800
  • Water Sewer Expense $1,400
  • New Taxes Expense $22,000
  • Operating Expense $29,300
  • Gross Income $108,480
  • Net Operating Income $79,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,245

Year Built

Built in 1976

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 473750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1400.00
  • Zoning: BFA16000*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6271032029
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 365.45

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 20000-39999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 20367.00
  • Lot Size Acres: 0.4676

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 108480.00
  • Gross Operating Income: 108480.00
  • Gross Scheduled Income: 108480.00
  • Insurance Expense: 4100.00
  • Lot Size Area: 20367.0000 Square Feet
  • Net Operating Income: 79180.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 29300.00
  • Rent Control: No
  • Total Expenses: 29300.00

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Census Tract: 5540.02
  • Tax Lot: 2
  • Tax Tract Number: 2336
  • TaxOtherAnnualAssessmentAmount: 1792.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2025
Sold by
Landazuri Jose and Landazuri Elisa
Bought by
Jose Landazuri And Elisa Landazuri Living Tru and Landazuri
Current Estimated Value
$1,803,692

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 23, 2024
Sold by
Jn & Jn Properties Inc
Bought by
Landazuri Jose and Landazuri Elisa
Seller's Agent
Christina Wong
Newco Realty
Buyer's Agent
Christina Wong
Newco Realty
List Price
$1,895,000
Sold Price
$1,745,000
Premium/Discount to List
-$150,000
-7.92%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$1,304,250
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2021
Closed on
Feb 19, 2021
Sold by
Barner Deborah K and Mullen Sandra F
Bought by
Jn & Jn Properties Inc
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Christina Wong
Newco Realty
List Price
$1,350,000
Sold Price
$1,550,000
Premium/Discount to List
$200,000
14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Source: Public Records

Similar Home in the area

  • 6168 Briercrest Ave, Lakewood, CA 90713

    $2,100,000

    • 10 Beds
    • 7 Baths
    • 4,053 Sq Ft
    • 6168 Briercrest Ave
    • Lakewood, CA

    NOTHING LIKE THIS ON THE MARKET * ALL NEW CONSTRUCTION OF 3 UNITS * 1,659 SQ. FT. 4 BEDROOM, 3 BATHROOM TWO STORY HOME IN FRONT * BACK UNITS ARE A 2 STORY DUPLEX WITH A 1,197 SQ. FT. 3 BEDROOM, 2 BATH HOME ON EACH FLOOR * BUILT WITH HIGH QUALITY MATERIALS AND QUALITY CRAFTSMANSHIP * PLENTY OF OFF STREET PARKING * THESE UNITS WERE BUILT WITH LOW MAINTENANCE IN MIND USING HEAVIER DUTY MATERIALS AND

    Michelle Scales Re/Max College Park Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,745,000 Provident Title Company
Grant Deed $1,550,000 First Amer Ttl Co Glendale
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,304,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $1,745,000 -7.9% $365 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,895,000 +22.3% $397 / Sq Ft
03/04/2021 03/04/21 Sold $1,550,000 +14.8% $325 / Sq Ft
02/05/2021 02/05/21 For Sale $1,350,000 -- $283 / 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 $20,245 $1,745,000 $945,000 $800,000
2024 $20,245 $1,644,871 $986,923 $657,948
2023 $19,433 $1,612,620 $967,572 $645,048
2022 $19,097 $1,581,000 $948,600 $632,400
2021 $4,806 $287,986 $46,345 $241,641
2020 $4,770 $285,634 $45,870 $239,764
2019 $4,701 $280,046 $44,971 $235,075
2018 $4,171 $274,568 $44,090 $230,478
2016 $3,960 $263,331 $42,379 $220,952
2015 $3,887 $259,377 $41,743 $217,634
2014 $3,865 $254,297 $40,926 $213,371
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24112460

California Regional Multiple Listing Service (CRMLS)

APN: 6271-032-029