NOT LISTED FOR SALE

8559 Rose St Bellflower, CA 90706

Estimated Value: $797,000 - $951,000

4 Beds
2 Baths
1,670 Sq Ft
$512/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $605,000 $362 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,234/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • 2 Car Garage
  • Property is near park and public transit
  • Tile Flooring
  • Level Lot

About This Home

As of August 2021

Great income property in the city of Bellflower. This property consists of a duplex with 1 car garage for each unit. Each unit has 2 Bedrooms and 1 Bathroom with large living room and kitchen/dining combo. Each unit has its own private yard for privacy and additional parking. Great upside on rents for you to live in one and rent the other. This property shares a common driveway.

Last Agent to Sell the Property

Gabriel Matias

Century 21 A Better Service License #02010769 Listed on: 06/23/2021

Century 21 A Better Service

Co-Listed By

Humberto Lopez

Century 21 A Better Service License #01400409

Last Buyer's Agent

Nick Jenkins

FAITH REAL ESTATE INC. License #01851941

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,910 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • 1,670 Sq Ft Home
  • Duplex

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Property is near park and public transit
  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 14 / 5
  • Tax Tract Number 5023
  • Assessor Parcel Number 7162021062

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: BFR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7162021062
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 362.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 8910.00
  • Lot Size Acres: 0.2045

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Lot Size Area: 8910.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5543.02
  • Tax Lot: 14
  • Tax Tract Number: 5023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 7, 2021
Sold by
Castellanos Victor Manuel and Castellanos Rocio
Bought by
Ortiz Brandon and Olivas Nicholas
Seller's Agent
Gabriel Matias
Century 21 A Better Service
Buyer's Agent
Nick Jenkins
FAITH REAL ESTATE INC.
List Price
$605,000
Sold Price
$605,000
Current Estimated Value
$854,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,497
Avg. Annual Appreciation
8.13%
Original Mortgage
$453,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2007
Sold by
Castellanos Victor Manuel and Castellanos Rocio
Bought by
Castellanos Victor Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2006
Sold by
Goldland Investment Group Inc
Bought by
Castellanos Victor Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2005
Sold by
Nguyen Erick and Long Catherin
Bought by
Goldland Investmentgroup Inc

Purchase Details

Closed on
Apr 6, 2003
Sold by
Lasso Beatriz
Bought by
Nguyen Erick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2000
Sold by
Ramirez Jose
Bought by
Lasso Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.33%

Purchase Details

Closed on
Jun 27, 1995
Sold by
Coast Federal Bank Fsb
Bought by
Gunatilake Sarath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 16, 1995
Sold by
Sherwood Realty Inc
Bought by
Grant Adrienne Marcha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ortiz Brandon $605,000 Fidelity National Title
Castellanos Victor Manuel -- Alliance Title Company
Castellanos Victor Manuel $525,000 Lawyers Title
Goldland Investmentgroup Inc $420,000 Lawyers Title Ins
Nguyen Erick $300,000 Fidelity National Title Co
Lasso Beatriz -- Benefit Land Title Company
Lasso Beatriz $150,000 Benefit Land Title Company
Gunatilake Sarath -- First American Title Co
Grant Adrienne Marcha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Brandon $453,750
Previous Owner Castellanos Victor Manuel $487,000
Previous Owner Castellanos Victor Manuel $393,750
Previous Owner Nguyen Erick $225,000
Previous Owner Lasso Beatriz $120,000
Previous Owner Gunatilake Sarath $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $605,000 0.0% $362 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $605,000 -- $362 / 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 $9,560 $642,029 $448,890 $193,139
2024 $9,100 $629,441 $440,089 $189,352
2023 $8,235 $617,100 $431,460 $185,640
2022 $8,017 $605,000 $423,000 $182,000
2021 $8,669 $662,804 $410,309 $252,495
2020 $8,474 $656,008 $406,102 $249,906
2019 $8,897 $643,146 $398,140 $245,006
2018 $8,241 $630,536 $390,334 $240,202
2016 $7,391 $606,054 $375,178 $230,876
2015 $6,960 $596,952 $369,543 $227,409
2014 $7,138 $585,260 $362,305 $222,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21136452

California Regional Multiple Listing Service (CRMLS)

APN: 7162-021-062