Seller's Agent in 2025
Justin White
Justin White
(714) 231-2537
1 in this area
42 Total Sales
15729 Bellflower Blvd Bellflower, CA 90706
5
Beds
5
Baths
2,112
Sq Ft
8,607
Sq Ft Lot
About This Home
As of January 2025An excellent opportunity to acquire a well-maintained 5-unit mixed-use building in Bellflower, CA. Located at 15729 Bellflower Blvd, this commercial asset was built in 1944. The front building offers two storefront retail/office units on the ground level and two 1 bed + 1 bath apartments on the second story. The back building has been operating for 40+ years as an auto repair shop. Building square footage on title shows 2,112 but the entire square footage including the auto repair shop is estimated to be 4,612 gross rentable square feet. Both buildings are situated on a large 8,607 square foot lot. Recent improvements include new silicone sealant on roofs with a 10-year warranty, two new electrical subpanels and interior renovations to apartment #31 ½.
The property is within close proximity to the intersection of Bellflower Blvd and Alondra Blvd and boasts a diverse surrounding tenant mix. Nearby tenants include WaBa Grill, Round Table Pizza, Cold Stone Creamery, O’Reilly Auto Parts, Smart & Final, Panda Express, Jersey Mike’s Subs and US Bank just to name a few. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return. The long-standing auto repair shop provides an exceptional opportunity for a new owner to operate their business in a location with a proven track record for success. One of the best options for a buyer may be to obtain SBA financing, operate in the auto repair space and utilize income from the other rental units to cover expenses and a portion of the loan payments.
Last Agent to Sell the Property
Justin White Brokerage Phone: 714.231.2537 License #01267826 Listed on: 10/31/2024
Last Buyer's Agent
Justin White Brokerage Phone: 714.231.2537 License #01267826 Listed on: 10/31/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,200
Year Built
- Built in 1944
Lot Details
- 8,607 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 2,112 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 554
- Assessor Parcel Number 6271033013
- $988 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $12,000
- Maintenance Expense $3,075
- Other Expense $2,301
- Trash Expense $2,739
- New Taxes Expense $15,625
- Operating Expense $35,740
- Gross Income $75,300
- Net Operating Income $37,302
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2024
Closed on
Dec 10, 2024
Sold by
Ruth Calmer Trust and Calmer Revocable Trust
Bought by
Ramos Nicolas and Moreno Abel
Seller's Agent
Justin White
Justin White
Buyer's Agent
Justin White
Justin White
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Views
69
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.92%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 5, 2016
Sold by
Mcgaffey Jason T
Bought by
Mcgaffey Jason T and Mcgaffey Diapa L
Purchase Details
Closed on
Mar 22, 2011
Sold by
Lewis Kimberly A and Kaveney Kimberly A
Bought by
Lewis Kimberly and The Kimberly Lewis Living Trust
Purchase Details
Closed on
May 21, 2001
Sold by
Lewis Derek
Bought by
Lewis Kimberly A
Purchase Details
Closed on
Nov 15, 2000
Sold by
Calmer Wade C
Bought by
Calmer Wade Corley
Purchase Details
Closed on
May 12, 1999
Sold by
Mcgaffey Jason
Bought by
Mcgaffey Diana L
Purchase Details
Closed on
May 5, 1999
Sold by
Kaveney Mark A
Bought by
Kaveney Kimberly A
Purchase Details
Closed on
May 3, 1999
Sold by
Calmer Trust and Wade C
Bought by
Calmer Wade C
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,225,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,250,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $1,225,000 | -2.0% | $580 / Sq Ft |
| 10/31/2024 10/31/24 | For Sale | $1,250,000 | -- | $592 / 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 | $2,200 | $109,035 | $57,340 | $51,695 |
| 2024 | $2,200 | $106,898 | $56,216 | $50,682 |
| 2023 | $2,139 | $104,803 | $55,114 | $49,689 |
| 2022 | $2,103 | $102,749 | $54,034 | $48,715 |
| 2021 | $2,056 | $100,735 | $52,975 | $47,760 |
| 2019 | $2,013 | $98,177 | $51,404 | $46,773 |
| 2018 | $1,791 | $96,262 | $50,397 | $45,865 |
| 2016 | $1,699 | $92,115 | $48,441 | $43,674 |
| 2015 | $1,669 | $90,732 | $47,714 | $43,018 |
| 2014 | $1,661 | $88,956 | $46,780 | $42,176 |
Source: Public Records
Agents Affiliated with this Home
-
Justin White
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24224947
APN: 6271-033-013
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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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