S
Seller's Agent in 2015
Shane Smith
Orange County Realty & Mortgage
16137 Eucalyptus Ave Bellflower, CA 90706
4
Beds
2
Baths
24,332
Sq Ft
40,816
Sq Ft
Highlights
- No Units Above
- 0.94 Acre Lot
- Two Story Ceilings
- Custom Home
- Open Floorplan
- Loft
About This Home
As of June 2015Custom-built, 20 unit apartment complex in the heart of Bellflower, close to downtown, schools, shopping and transportation. This is an excellent location with high demand for larger apartments. The property consists of (12) 3 bedroom units, and (8) 1 bedroom units, all with one bathroom. Built in 1962, this is truly a unique building with tremendous upside potential on both rental income and appreciation. The units are large, each having an open floorplan, with all bedrooms upstairs and a private outdoor patio. There is additional space to create a second parking slot for each of the 1 bedroom units, and an amazing storage room that could be separated into 15-20 individual storage lockers for the tenants; thus, providing "on-site" storage for an additional fee. The building has very long-term tenants and rents are below current market values.
Last Agent to Sell the Property
Shane Smith
Orange County Realty & Mortgage License #01068377 Listed on: 02/12/2014
Last Buyer's Agent
Carlos Vigon
CBRE Inc. License #00976287
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 0.94 Acre Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Wood Fence
- Block Wall Fence
- Fence is in average condition
- Density is 16-20 Units/Acre
Home Design
- Custom Home
- Property Attached
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Flat Roof Shape
- Slab Foundation
- Wood Siding
Interior Spaces
- 24,332 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Two Story Ceilings
- Loft
- Carpet
- Termite Clearance
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- 2 Bathrooms
Parking
- 32 Parking Spaces
- Carport
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 84
- Tax Tract Number 5541
- Assessor Parcel Number 7109002002
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 20 Units
Building Details
- 20 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $11,250
- Maintenance Expense $4,500
- Professional Management Expense $100
- Trash Expense $4,200
- Water Sewer Expense $9,600
- New Taxes Expense $34,800
- Gross Income $18,520
- Net Operating Income $160,690
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2015 06/01/15 | Sold | $2,600,000 | -17.5% | $107 / Sq Ft |
| 02/14/2014 02/14/14 | Pending | -- | -- | -- |
| 02/12/2014 02/12/14 | For Sale | $3,150,000 | -- | $129 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $41,888 | $3,167,164 | $1,249,920 | $1,917,244 |
| 2024 | $41,888 | $3,105,063 | $1,225,412 | $1,879,651 |
| 2023 | $40,323 | $3,044,181 | $1,201,385 | $1,842,796 |
| 2022 | $39,643 | $2,984,492 | $1,177,829 | $1,806,663 |
| 2021 | $39,114 | $2,925,974 | $1,154,735 | $1,771,239 |
| 2019 | $38,164 | $2,847,290 | $1,120,486 | $1,726,804 |
| 2018 | $36,632 | $2,791,620 | $1,098,516 | $1,693,104 |
| 2016 | $34,556 | $2,639,650 | $1,055,860 | $1,583,790 |
| 2015 | $12,133 | $641,554 | $125,439 | $516,115 |
| 2014 | $12,119 | $628,988 | $122,982 | $506,006 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2015
Carlos Vigon
CBRE Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14030235
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
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