Seller's Agent in 2024
Gene Valencia
Keller Williams Pacific Estate
(562) 450-0862
4 in this area
60 Total Sales
16415 Cornuta Ave Bellflower, CA 90706
Estimated Value: $939,000 - $964,717
2
Beds
1
Bath
1,530
Sq Ft
$622/Sq Ft
Est. Value
Highlights
- Private Pool
- No HOA
- Ductless Heating Or Cooling System
- Lawn
- Neighborhood Views
- Living Room
About This Home
As of April 2024ATTENTION INVESTORS! AMAZING INVESTMENT OPPORTUNITY! 4 Total Units once built out. Current house and ADU are each 2 bed 1 bath. Rents are $2100 each unit. Full set of approved plans from The City of Bellflower to build 2 more new units (Duplex) in the back of the property to make it a total of 4 units. The existing pool will need to be removed. The 2 new units will be 1237 sq-ft unit on the first floor with a one car garage ( 3 bedroom, 2 bathroom.) Plus a 971 sq-ft unit on the second floor with a 365 sq-ft terrace ( 2 bedroom, 2 bathroom.) Once fully built out, the 4 units will be over 3700 sq ft. Build the 2 new units while you can continue collecting rents from the front units. It will be sold permit ready. The new owner will have to pay for the permit fees at the time of issuance. Come see for yourself why this investment property is one of the best values available in todays market.
Last Agent to Sell the Property
Keller Williams Pacific Estate Brokerage Phone: 562-450-0862 License #02052874 Listed on: 09/05/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1943
Lot Details
- 7,819 Sq Ft Lot
- Rectangular Lot
- Lawn
- Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned BFR3*
Parking
- 2 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Driveway
Home Design
- Entry on the 1st floor
- Frame Construction
- Stucco
Interior Spaces
- 1,530 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Storage
- Laminate Flooring
- Neighborhood Views
- Gas Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Private Pool
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Natural Gas Connected
- Water Heater
Additional Features
- Accessible Parking
- Suburban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 121
- Assessor Parcel Number 7109003029
- $632 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Bike Trail
Building Details
- 2 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2023
Closed on
Jun 14, 2024
Sold by
Argueta Edgar Arcenio Recinos and Irizarry Luvia
Bought by
Luvia Irizarry Revocable Trust and Irizarry
Seller's Agent
Gene Valencia
Keller Williams Pacific Estate
Buyer's Agent
Maria Olmos
Y Realty
List Price
$890,000
Sold Price
$890,000
Views
757
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
$62,179
Avg. Annual Appreciation
4.03%
Original Mortgage
$680,500
Outstanding Balance
$671,333
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$280,846
Purchase Details
Listed on
Sep 5, 2023
Closed on
Apr 16, 2024
Sold by
Monte Verde Ventures Llc
Bought by
Argueta Edgar Arcenio Reci and Irizarry Luvia
Seller's Agent
Gene Valencia
Keller Williams Pacific Estate
Buyer's Agent
Maria Olmos
Y Realty
List Price
$890,000
Sold Price
$890,000
Views
757
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,500
Outstanding Balance
$671,333
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$280,846
Purchase Details
Closed on
Nov 21, 2007
Sold by
Cox Harold and Cox Debra Ann
Bought by
Cox Harold
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luvia Irizarry Revocable Trust | -- | Orange Coast Title Company | |
| Argueta Edgar Arcenio Reci | $890,000 | Orange Coast Title Company | |
| Cox Harold | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luvia Irizarry Revocable Trust | $680,500 | |
| Previous Owner | Argueta Edgar Arcenio Reci | $890,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/19/2024 04/19/24 | Sold | $890,000 | 0.0% | $582 / Sq Ft | |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- | |
| 03/25/2024 03/25/24 | For Sale | $890,000 | 0.0% | $582 / Sq Ft | |
| 03/17/2024 03/17/24 | Off Market | $890,000 | -- | -- | |
| 11/08/2023 11/08/23 | Price Changed | $890,000 | -6.3% | $582 / Sq Ft | |
| 09/05/2023 09/05/23 | For Sale | $950,000 | +43.9% | $621 / Sq Ft | |
| 01/05/2022 01/05/22 | Sold | $660,000 | +1.5% | $488 / Sq Ft | View Prior Sale |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- | |
| 12/02/2021 12/02/21 | For Sale | $650,000 | -- | $480 / 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 | $8,344 | $907,800 | $803,454 | $104,346 |
| 2024 | $8,344 | $686,663 | $549,331 | $137,332 |
| 2023 | $8,665 | $673,200 | $538,560 | $134,640 |
| 2022 | $2,993 | $215,494 | $124,645 | $90,849 |
| 2021 | $2,931 | $211,269 | $122,201 | $89,068 |
| 2019 | $2,859 | $205,004 | $118,577 | $86,427 |
| 2018 | $2,652 | $200,985 | $116,252 | $84,733 |
| 2016 | $2,536 | $193,183 | $111,739 | $81,444 |
| 2015 | $2,485 | $190,282 | $110,061 | $80,221 |
| 2014 | $2,459 | $186,556 | $107,906 | $78,650 |
Source: Public Records
Agents Affiliated with this Home
-
Gene Valencia
-
Maria Olmos
Buyer's Agent in 2024
Maria Olmos
Y Realty
(562) 824-6227
1 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23163395
APN: 7109-003-029
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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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