NOT LISTED FOR SALE

16443 Woodruff Ave Bellflower, CA 90706

18 Beds
11 Baths
9,564 Sq Ft
0.44 Acres

Last Sold February 01, 2012

Last sale price $1,100,000 $115 Per Sq Ft

23 Days on Market

Highlights

  • 0.44 Acre Lot
  • Central Heating
  • Wood Siding

About This Home

As of February 2012

This investment property is a nice looking building in a great location. There is a large 3 bedroom 2.5 bath home with double garage on back of the lot. Then there are 7 - 2 bedroom 1.5 bath Townhouse style units, 1 - 1 bedroom / 1 bath unit plus a non-conforming Studio, there are 10 parking spaces plus 2 additional single car garages. The original long-term owner managed the property himself and got to know the tenants personally. The rents have not been raised in many years. The rents are extremely under market. The units need significant rehab. One of the 2 bedroom units has just been remodeled. Will be renting the remodeled unit at market rent. This is an excellent opportunity to purchase an investment property and build up equity through rehab. The building is all electric and have separate electric meters, there are 2 gas meters for the hot water heaters.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 01/03/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 58x335

Home Design

  • 9,564 Sq Ft Home
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 11 Bathrooms

Parking

  • 14 Parking Spaces
  • 10 Carport Spaces

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 7109007016

Community Details

Overview

  • 2 Buildings
  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $7,535
  • Net Operating Income $50,554

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.90
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7109007016
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 115.01

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 10.00
  • Parking: No
  • Total Parking Spaces: 14.00

Utilities

  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 58x335
  • Lot Size Sq Ft: 19345.00
  • Lot Size Acres: 0.4400

Multi Family

  • Gross Income: 7535.00
  • Gross Multiplier: 14.32
  • Gross Scheduled Income: 90420.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 19345.0000 Square Feet
  • Net Operating Income: 50554.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 39322.00

Tax Info

  • Tax Area: 2267
  • Tax Lot: 0.

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
02/01/2012 02/01/12 Sold $1,100,000 -15.1% $115 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $1,295,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kristie Pabst

    Seller's Agent in 2012

    Kristie Pabst

    Pabst, Kinney & Associates

    (562) 987-3244

    3 in this area

    33 Total Sales

    Kristie Pabst
    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6 in this area

    5,818 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P807359

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Bellflower 90706

16443 Woodruff Ave, Bellflower, CA

This home is located at 16443 Woodruff Ave, Bellflower, CA 90706 since 03 January 2012. This property was built in 1961. 16443 Woodruff Ave is a home located in Los Angeles County with nearby schools including Frank E. Woodruff Elementary School, Bellflower High School, and Southland Christian Academy.

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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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