$3,565,000
SOLD MAR 28, 2019

17633 Virginia Ave Bellflower, CA 90706

21 Beds
21 Baths
14,049 Sq Ft
7,121 Sq Ft Lot

Recently Sold

$254 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Stone Countertops
  • Double Pane Windows
  • Living Room
  • 2 Car Direct Access Garage
  • Walk-In Closet
  • Recessed Lighting

About This Home

As of October 2024

These highly desired seven individual craftsman homes offer a rare opportunity for great rental income or to use as desired! Each home is 2,000 sq.ft. built in 2007 with separate AP numbers. These unique two-story homes each feature 3 bedrooms, 2 1/2 baths, a 2-car garage, and central heating and air. They all offer an open floor plan and a spacious master bedroom and bathroom with a walk-in closet. All homes are currently occupied with a gross yearly income of $217,140. Must see to appreciate!

Last Agent to Sell the Property

David Dumalski

White Realty Associates License #00657189 Listed on: 03/06/2019

Last Buyer's Agent

Jace Prins

White Realty Associates License #01875810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 2007

Lot Details

  • 7,121 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Interior Spaces

  • 14,049 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 21 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 21 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Tax Lot 1
  • Tax Tract Number 62689
  • Assessor Parcel Number 7162010053

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Gardener Expense $4,400
  • Insurance Expense $5,706
  • Maintenance Expense $6,500
  • Other Expense $6,500
  • Professional Management Expense $8,458
  • New Taxes Expense $43,437
  • Operating Expense $75,001
  • Gross Income $217,140
  • Net Operating Income $191,909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,154

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 8458.00
  • Property Attached: No
  • Zoning: BFA1*
  • Property Type: Residential Income
  • Gardener Expense: 4400.00
  • Parcel Number: 7162010053
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting, Stone Counters
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 253.75
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System
  • Lot Size Sq Ft: 7121.00
  • Lot Size Acres: 0.1635

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 217140.00
  • Gross Operating Income: 210640.00
  • Gross Scheduled Income: 217140.00
  • Insurance Expense: 5706.00
  • Lot Size Area: 7121.0000 Square Feet
  • Maintenance Expense: 6500.00
  • Net Operating Income: 191909.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Total: 7
  • Operating Expense: 25231.00
  • Other Expense: 6500.00
  • Other Expense Description: Vacancy
  • Rent Control: No
  • Total Expenses: 75001.00
  • Vacancy Allowance: 6500
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 43437.00
  • Tax Census Tract: 5544.03
  • Tax Lot: 1
  • Tax Tract Number: 62689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 23, 2024
Sold by
Arslan Hanif Mohammed and Imtiaz Abbaali Mohammed
Bought by
Aduba Bosa and Aduba Lynda
Seller's Agent
Henna Jalal
Gold Team Realty
Buyer's Agent
Valerie Alexander
Compass
List Price
$849,000
Sold Price
$855,000
Premium/Discount to List
$6,000
0.71%
Views
30
Current Estimated Value
$962,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,508
Avg. Annual Appreciation
5.92%
Original Mortgage
$701,100
Outstanding Balance
$694,593
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$205,304

Purchase Details

Closed on
Feb 11, 2022
Sold by
Ashia Soleman
Bought by
Hanif Mohammed Arslan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,285
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2022
Sold by
Ashia Soleman
Bought by
Hanif Mohammed Arslan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,285
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2022
Sold by
Kipperman Richard M
Bought by
Abbaali Mohammed Imtiaz and Hanif Mohammed Arslan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,285
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2019
Closed on
Mar 27, 2019
Sold by
Core Mesa Llc
Bought by
Academics Arts & Action Charter Academie
Seller's Agent
David Dumalski
White Realty Associates
Buyer's Agent
Jace Prins
White Realty Associates
List Price
$3,475,000
Sold Price
$3,565,000
Premium/Discount to List
$90,000
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.33%

Purchase Details

Closed on
Jul 10, 2017
Sold by
Veritas Builders Llc
Bought by
Core Mesa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2006
Sold by
Smolin Stan and Smolin Elaine F
Bought by
Veritas Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2006
Sold by
Smolin Stan and Smolin Elaine F
Bought by
Veritas Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2004
Sold by
Clark Debra and Quintana Family Trust
Bought by
Smolin Stan

Purchase Details

Closed on
Nov 28, 1995
Sold by
Quintana Fred J and Quintana Wanda Lee
Bought by
Quintana Fred J and Quintana Wanda L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $855,000 California Best Title
Deed -- Ticor Title
Deed -- Ticor Title
Deed -- Ticor Title
Quit Claim Deed $643,000 Ticor Title
Grant Deed $3,565,000 Provident Title Company
Grant Deed $3,200,000 Provident Title Company
Grant Deed $1,115,000 Fidelity National Title Co
Grant Deed -- Fidelity National Title Co
Grant Deed $1,050,000 Commonwealth Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $701,100 New Conventional
Previous Owner $514,285 New Conventional
Previous Owner $1,600,000 Commercial
Previous Owner $2,600,000 Unknown
Previous Owner $2,600,000 Unknown
Previous Owner $2,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $855,000 +0.7% $426 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $849,000 -0.7% $423 / Sq Ft
08/15/2024 08/15/24 Off Market $855,000 -- --
08/15/2024 08/15/24 For Sale $849,000 -76.2% $423 / Sq Ft
03/28/2019 03/28/19 Sold $3,565,000 +2.6% $254 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $3,475,000 +8.6% $247 / Sq Ft
09/27/2017 09/27/17 Sold $3,200,000 -1.5% $228 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $3,250,000 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,154 $855,000 $489,400 $365,600
2024 $8,154 $668,977 $395,352 $273,625
2023 $7,823 $655,860 $387,600 $268,260
2022 $7,343 $604,530 $283,291 $321,239
2021 $7,111 $592,678 $277,737 $314,941
2019 $6,421 $526,524 $246,738 $279,786
2018 $6,149 $516,200 $241,900 $274,300
2016 $5,870 $493,658 $236,650 $257,008
2015 $5,907 $486,244 $233,096 $253,148
2014 $5,668 $476,720 $228,530 $248,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19050684

California Regional Multiple Listing Service (CRMLS)

APN: 7162-010-053