NOT LISTED FOR SALE

16240 Grand Ave Bellflower, CA 90706

Estimated Value: $901,000 - $1,187,879

4 Beds
2 Baths
2,058 Sq Ft
$494/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2021

Last sale price $900,000 $437 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,475 / mo

10 Days on Market

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 2021

An 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.

Last Agent to Sell the Property

Christina Wong

Newco Realty License #01721204 Listed on: 04/30/2021

Last Buyer's Agent

Christina Wong

Newco Realty License #01721204 Listed on: 04/30/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 20,400 Sq Ft 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.47 Acres

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1275.00
  • Zoning: BFA1*
  • Property Type: Residential Income
  • Parcel Number: 7017011005
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 437.32
  • Room Type: Main Floor Bedroom

Exterior Features

  • Other Structures: Guest House
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Natural Gas
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20400.00
  • Lot Size Acres: 0.4683

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1027.00
  • Lot Size Area: 20400.0000 Square Feet
  • Net Operating Income: 20378.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13222.00
  • Rent Control: Yes
  • Total Expenses: 13222.00

Tax Info

  • New Taxes Expense: 10920.00
  • Tax Census Tract: 5531.00
  • Tax Lot: 236
  • Tax Tract Number: 286871

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2025
Sold by
Bought by
Current Estimated Value
$1,016,470

Purchase Details

Closed on
Jan 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2002
Sold by
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$790,000 None Available
$520,000 Fidelity National Title Co
-- Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,936 $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

  • Christina Wong

    Seller's Agent in 2021

    Christina Wong

    Newco Realty

    (909) 396-6870

    5 in this area

    26 Total Sales

    Christina Wong
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21087155

California Regional Multiple Listing Service (CRMLS)

APN: 7017-011-005

California Los Angeles County Bellflower 90706

16240 Grand Ave, Bellflower, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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