NOT LISTED FOR SALE

8534 Rose St Bellflower, CA 90706

Estimated Value: $1,097,000 - $1,303,062

7 Beds
3 Baths
2,633 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $885,000 $336 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,335/month

5 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Landscaped
  • No HOA

About This Home

As of August 2019

This is a GREAT INVESTMENT OPPORTUNITY in the Beautiful City of Bellflower! This Triplex consists of 1 Unit of 3 bedrooms, 2 bathrooms and 2 units of 2 bedrooms, 1 bathroom Each. Each unit has its assigned parking with 2 of the 3 having its own 1-car garage. Centrally located near freeways, shopping centers, and schools. Vacancy Rate is basically 0%! This would be a great investment for a Family to live in one unit and rent the others!

Last Agent to Sell the Property

Edwin Acevedo

Century 21 LOTUS License #01854178 Listed on: 05/16/2019

Century 21 LOTUS

Last Buyer's Agent

Mercedes De La Cruz

Century 21 Allstars License #01414738

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 9,874 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,633 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location
  • Private Water Source

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5023
  • Assessor Parcel Number 7162022031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,500
  • Trash Expense $2,500
  • New Taxes Expense $12,000
  • Operating Expense $17,000
  • Gross Income $36,000
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

9,874 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: BFR2YY
  • Property Type: Residential Income
  • Parcel Number: 7162022031
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 336.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2500.00
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 9874.00
  • Lot Size Acres: 0.2267

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 9874.0000 Square Feet
  • Net Operating Income: 31000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 17000.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 5543.02
  • Tax Lot: 2
  • Tax Tract Number: 5023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 16, 2019
Sold by
Velasquez Maria L
Bought by
Barba Daniel
Seller's Agent
Edwin Acevedo
Century 21 LOTUS
Buyer's Agent
Mercedes De La Cruz
Century 21 Allstars
List Price
$869,000
Sold Price
$885,000
Premium/Discount to List
$16,000
1.84%
Current Estimated Value
$1,220,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,266
Avg. Annual Appreciation
5.07%
Original Mortgage
$855,463
Outstanding Balance
$747,600
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$472,666

Purchase Details

Closed on
Feb 23, 2007
Sold by
Velasquez Eulalio
Bought by
Velasquez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2007
Sold by
Urbina Marcos and Urbina Rosa
Bought by
Velasquez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2000
Sold by
Acosta Alfonso and Acosta Sonia
Bought by
Urbina Marcos and Urbina Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,833
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 1993
Sold by
Benda Judith
Bought by
Acosta Alfonso and Acosta Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,286
Interest Rate
6.74%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Barba Daniel $885,000 Stewart Title
Velasquez Maria L -- Fidelity National Title Co
Velasquez Maria L $760,000 Fidelity National Title
Urbina Marcos $265,000 Southland Title
Acosta Alfonso $242,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barba Daniel $855,463
Previous Owner Velasquez Maria L $570,000
Previous Owner Urbina Marcos $262,833
Previous Owner Acosta Alfonso $231,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $885,000 0.0% $336 / Sq Ft
07/15/2019 07/15/19 Rented $2,350 0.0% --
07/14/2019 07/14/19 Under Contract -- -- --
07/01/2019 07/01/19 For Rent $2,350 0.0% --
05/21/2019 05/21/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $869,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,593 $967,873 $628,845 $339,028
2024 $12,593 $948,896 $616,515 $332,381
2023 $12,362 $930,291 $604,427 $325,864
2022 $12,036 $912,051 $592,576 $319,475
2021 $11,762 $894,168 $580,957 $313,211
2020 $11,500 $885,000 $575,000 $310,000
2019 $12,947 $912,786 $480,414 $432,372
2018 $12,078 $894,890 $470,995 $423,895
2016 $10,429 $860,142 $452,706 $407,436
2015 $9,819 $847,222 $445,906 $401,316
2014 $10,069 $830,627 $437,172 $393,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19090910

California Regional Multiple Listing Service (CRMLS)

APN: 7162-022-031

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