Seller's Agent in 2021
Christina Wong
Newco Realty
(909) 396-6870
6 in this area
30 Total Sales
16240 Grand Ave Bellflower, CA 90706
Estimated Value: $925,000 - $1,189,000
4
Beds
2
Baths
2,058
Sq Ft
$534/Sq Ft
Est. Value
Highlights
- Guest House
- Main Floor Bedroom
- Wood Fence
- 0.47 Acre Lot
- Cooling System Mounted To A Wall/Window
- Carpet
About This Home
As of June 2021An excellent investment opportunity in a desirable Bellflower neighborhood. 2 individual houses on a huge lot of 22,400 square feet of land. The front house #16240 offers 3 bedrooms 1 bathroom of approximately 1108 sq. ft. The rear house #16244 offers 1 bedroom and 1 bathroom of 950 sq. ft. A detached 2-car garage has been converted, no permit. It has a shower, sink, toilet, wall A/C and water heater. Current 2 tenants are on month-to-month lease.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,556
Year Built
- Built in 1920
Lot Details
- 0.47 Acre Lot
- No Common Walls
- Wood Fence
Parking
- 2 Car Garage
Home Design
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 2,058 Sq Ft Home
- Living Room with Fireplace
- Carpet
- Gas Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Sewer Paid
Additional Features
- Exterior Lighting
- Guest House
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 236
- Tax Tract Number 286871
- Assessor Parcel Number 7017011005
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,027
- Water Sewer Expense $1,275
- New Taxes Expense $10,920
- Operating Expense $13,222
- Gross Income $33,600
- Net Operating Income $20,378
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2021
Closed on
Jun 21, 2021
Sold by
Prapavat Aj Junior
Bought by
Lee Rocky J and Lee Lillian
Seller's Agent
Christina Wong
Newco Realty
Buyer's Agent
Christina Wong
Newco Realty
List Price
$910,000
Sold Price
$900,000
Premium/Discount to List
-$10,000
-1.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,891
Avg. Annual Appreciation
4.98%
Original Mortgage
$570,000
Outstanding Balance
$518,307
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$581,250
Purchase Details
Closed on
Jan 26, 2009
Sold by
Prapavat Vuthisit and Prapavat Jongchit
Bought by
Prapavat Aj Junior
Purchase Details
Closed on
Jul 12, 2007
Sold by
Hood Development Co
Bought by
Prapavat Vuthisit and Prapavat Jongchit
Purchase Details
Closed on
Apr 13, 2005
Sold by
Chavez Miguel and Chavez Maria De Jesus
Bought by
Hood Development
Purchase Details
Closed on
Mar 26, 2002
Sold by
Dejesus Chavez Miguel and Dejesus Chavez Maria
Bought by
Dejesus Chavez Miguel and Dejesus Chavez Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.25%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Rocky J | $900,000 | Pacific Coast Title Company | |
| Prapavat Aj Junior | -- | None Available | |
| Prapavat Vuthisit | $790,000 | None Available | |
| Hood Development | $520,000 | Fidelity National Title Co | |
| Dejesus Chavez Miguel | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Rocky J | $570,000 | |
| Previous Owner | Dejesus Chavez Miguel | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2021 06/29/21 | Sold | $900,000 | -1.1% | $437 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 04/30/2021 04/30/21 | For Sale | $910,000 | -- | $442 / 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 | $11,556 | $974,187 | $730,641 | $243,546 |
| 2024 | $11,556 | $955,086 | $716,315 | $238,771 |
| 2023 | $11,086 | $936,360 | $702,270 | $234,090 |
| 2022 | $10,890 | $918,000 | $688,500 | $229,500 |
| 2021 | $6,417 | $511,556 | $364,041 | $147,515 |
| 2020 | $6,361 | $506,312 | $360,309 | $146,003 |
| 2019 | $6,254 | $496,386 | $353,245 | $143,141 |
| 2018 | $5,976 | $486,654 | $346,319 | $140,335 |
| 2016 | $5,739 | $467,759 | $332,872 | $134,887 |
| 2015 | $5,622 | $460,733 | $327,872 | $132,861 |
| 2014 | $5,557 | $451,709 | $321,450 | $130,259 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21087155
APN: 7017-011-005
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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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