$1,980,000
SOLD AUG 30, 2024

15746 Ryon Ave Bellflower, CA 90706

11 Beds
9 Baths
4,644 Sq Ft
0.46 Acres

Recently Sold

$426 Per Sq Ft

12 Days on Market

Highlights

  • 0.46 Acre Lot
  • 2 Car Garage
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2024

9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Six of the Seven Structures Contain Brand-New Roofs | Fully Renovated 1-Bedroom Unit with New Kitchen Cabinets, New Quartz Counters, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures and New Ceiling Fan | Recently Painted Property with Tremendous Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping | On-Site Laundry Facility, Total of 14 Parking Spaces & Ample Outdoor Space for Tenants | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium, Bellflower Library Garden, and the 91, 605 & 105 Freeways

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 05/16/2024

Co-Listed By

Ken Conant

Estate Properties License #00851703

Last Buyer's Agent

Juan Cardenas

Remax Commercial and Investment Realty License #01233927

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 64x305

Parking

  • 2 Car Garage
  • 12 Open Parking Spaces

Interior Spaces

  • 4,644 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6271-031-010

Community Details

Overview

  • 7 Buildings
  • 9 Units

Building Details

  • Vacancy Allowance $6,838

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4644
  • Lot Acreage: 0.4606
  • Lot Dimensions: 64x305
  • Price Per Unit: 220000.00
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 9.00
  • Equipment: Washer, Dryer
  • Price Per S Q F T: 426.36

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 12
  • Garage Structures: 1
  • Parking Garage: Garage, Uncovered
  • Total Parking: 14

Utilities

  • Number Electric Meters: 9
  • Number Gas Meters: 9

Lot Info

  • Assessed Improvement Percent: 44.98
  • Assessed Improvement Value: 577597
  • Assessed Land Percent: 55.02
  • Assessed Land Value: 706612
  • Total Assessed Value: 1284209
  • Assessor Parcel Number: 6271-031-010
  • Lot Size Area: 20058

Rental Info

  • Total Actual Rent: 168960.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.72
  • Number Of Units: 9
  • Total Annual Expense: 53561
  • Type Of Units: 3+1, 1+1
  • Vacancy Allow: 6838
  • Vacancy Allow Percent: 4.00
  • Vacancy Rate: 0

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 24750.00

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $1,980,000 0.0% $426 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,980,000 +84.2% $426 / Sq Ft
09/01/2012 09/01/12 Sold $1,075,000 -4.4% $231 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $1,125,000 -- $242 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Nikfarjam

    Seller's Agent in 2024

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    1 in this area

    73 Total Sales

    Section Image
  • Ken Conant

    Seller Co-Listing Agent in 2024

    Ken Conant

    Estate Properties

    (310) 729-9659

    2 in this area

    95 Total Sales

    Section Image
  • Juan Cardenas

    Buyer's Agent in 2024

    Juan Cardenas

    RE/MAX

    (562) 587-5494

    7 in this area

    26 Total Sales

    Section Image

  • G

    Seller's Agent in 2012

    George Atkinson

    Earl George Atkinson, Broker

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-393089

The MLS

California Los Angeles County Bellflower 90706

15746 Ryon Ave, Bellflower, CA

This home is located at 15746 Ryon Ave, Bellflower, CA 90706 and is currently priced at $1,980,000, approximately $426 per square foot. This property was built in 1938. 15746 Ryon Ave is a home located in Los Angeles County with nearby schools including Washington Elementary School, Bellflower High School, and Southland Christian Academy.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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