$3,100,000

17420 Downey Ave Bellflower, CA 90706

Estimated payment $19,616/month

Total Views 9,057
2 Beds
1 Bath
7,129 Sq Ft
$435 Price per Sq Ft

About This Home

This eight-unit apartment building is located at 17420 Downey Avenue in Bellflower, CA. The property benefits from its excellent unit mix of 100% two-bedroom and one-bath units. Each unit has undergone a complete interior renovation. Upgrades include new vinyl plank flooring throughout, new shaker cabinets and quartz countertops, ceiling fans in living rooms and bedrooms, new fixtures in kitchens and bathrooms, new appliances, and fresh paint. In addition to the interior, the exterior has also been upgraded which includes a fully replaced roof in 2023, new dual pane windows throughout, new laundry room machines, new entry doors, fresh paint, and restriped assigned parking spaces.

Well-maintained and spacious, this property includes twelve on-site, assigned parking spaces, on-site laundry room, separately metered for gas and electric and well-manicured landscape. The property is conveniently located off the 91 Freeway, offering access to the greater Los Angeles and Orange County areas for resident’s employment and entertainment opportunities. Within the immediate area of the property is the Bellflower
Towne Center Shopping Center and Ramona Park for convenient shopping and recreation.

Listing Agent

Jason Kirklen

Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 07/31/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,129 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 7162
  • Tax Tract Number 22
  • Assessor Parcel Number 7162014017
  • $3,336 per year additional tax assessments

Community Details

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,414
  • Fuel Expense $3,833
  • Gardener Expense $1,733
  • Insurance Expense $8,056
  • Maintenance Expense $8,984
  • Professional Management Expense $10,146
  • Supplies Expense $500
  • Trash Expense $2,112
  • Water Sewer Expense $4,205
  • New Taxes Expense $40,854
  • Operating Expense $81,837
  • Gross Income $225,936
  • Net Operating Income $144,099

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 387500
  • Professional Management Expense: 10146.00
  • Property Attached: Yes
  • Supplies Expense: 500.00
  • Water Sewer Expenses: 4205.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1733.00
  • Parcel Number: 7162014017
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 434.84

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2112.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 11556.00
  • Lot Size Acres: 0.2653

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1414.00
  • Fuel Expense: 3833.00
  • Gross Income: 225936.00
  • Gross Operating Income: 225936.00
  • Gross Scheduled Income: 224808.00
  • Insurance Expense: 8056.00
  • Laundry Income: 80.00
  • Lot Size Area: 11556.0000 Square Feet
  • Maintenance Expense: 8984.00
  • Net Operating Income: 144099.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 81837.00
  • Other Income1: 576.00
  • Other Income Description: RUBS
  • Rent Control: No
  • Total Expenses: 81837.00

Tax Info

  • New Taxes Expense: 40854.00
  • Tax Lot: 7162
  • Tax Tract Number: 22
  • TaxOtherAnnualAssessmentAmount: 3336.00

Map

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
07/31/2025 07/31/25 For Sale $3,100,000 +55.8% $435 / Sq Ft
07/27/2018 07/27/18 Sold $1,990,000 -0.3% $172 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $1,995,000 +1827.5% $173 / Sq Ft
06/13/2013 06/13/13 Sold $103,500 -90.1% $15 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $1,050,000 -- $147 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25172734

California Regional Multiple Listing Service (CRMLS)