NOT LISTED FOR SALE

8717 Rose St Bellflower, CA 90706

Estimated Value: $1,299,000 - $1,379,000

4 Beds
2 Baths
2,693 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $1,280,000 $475 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,822/month

32 Days on Market

Highlights

  • 0.42 Acre Lot
  • Laundry Room
  • 5-minute walk to Constitution Park
  • Lawn
  • 1-Story Property

About This Home

As of February 2024

8717 Rose Street is located in the desirable community of Bellflower. The subject property is very well-maintained and offers substantial rental upside. 8717 Rose Street is a rarely available single-story asset on a large 18,000Sq.Ft. lot. All Three (3) Units are currently occupied with zero delinquent tenants.

Last Agent to Sell the Property

Peter Gillin

Morgan Skenderian License #01433769 Listed on: 12/18/2023

Last Buyer's Agent

Arun Arya

Shivam International REALTORS License #01784175

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1948

Lot Details

  • 0.42 Acre Lot
  • No Common Walls
  • Lawn

Parking

  • 4 Open Parking Spaces
  • 6 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,693 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 11 / 6
  • Tax Tract Number 5023
  • Assessor Parcel Number 7162020065
  • $1,214 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,251
  • Operating Expense $27,536
  • Net Operating Income $56,738

Property Details

Home Type

Apartment

Year Built

Built in 1948

Lot Details

0

Parking

6

Listing Details

  • CapRate: 4.70
  • Property Attached: No
  • Zoning: BFR2YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7162020065
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 475.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 18162.00
  • Lot Size Acres: 0.4169

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Multiplier: 13.75
  • Gross Scheduled Income: 86880.00
  • Insurance Expense: 1251.00
  • Lot Size Area: 18162.0000 Square Feet
  • Net Operating Income: 56738.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 27536.00
  • Rent Control: No
  • Total Actual Rent: 7240.00
  • Total Expenses: 27536.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5543.02
  • Tax Lot: 11
  • Tax Tract Number: 5023
  • TaxOtherAnnualAssessmentAmount: 1214.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2025
Sold by
Modi Jimmy P
Bought by
J Modi Family Living Trust and Modi
Current Estimated Value
$1,337,039

Purchase Details

Listed on
Dec 18, 2023
Closed on
Feb 29, 2024
Sold by
Modi Jimmy P
Bought by
Modi Jimmy
Seller's Agent
Peter Gillin
Morgan Skenderian
Buyer's Agent
Arun Arya
Shivam International REALTORS
List Price
$1,195,000
Sold Price
$1,280,000
Premium/Discount to List
$85,000
7.11%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$960,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2023
Closed on
Jan 22, 2024
Sold by
Brassard Philippe and Ferfon Delina Brassard
Bought by
Modi Jimmy R
Seller's Agent
Peter Gillin
Morgan Skenderian
Buyer's Agent
Arun Arya
Shivam International REALTORS
List Price
$1,195,000
Sold Price
$1,280,000
Premium/Discount to List
$85,000
7.11%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2019
Sold by
Brassard Philippe and Ferfon Delina Brassard
Bought by
Brassard Philippe and Ferfon Delina Brassard

Purchase Details

Closed on
Jan 9, 2003
Sold by
Park Center Exchange Inc
Bought by
Brassard M G and The M G Brassard Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
5.89%

Purchase Details

Closed on
Mar 2, 2001
Sold by
Love Jack and The Tessie E Barker Revocable
Bought by
Mokaddem Amine F and Mokaddem Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.11%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 16, 1994
Sold by
Barker Tessie E
Bought by
Barker Tessie E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
J Modi Family Living Trust -- None Listed On Document
Modi Jimmy -- Accommodation/Courtesy Recordi
Modi Jimmy R $1,280,000 Ticor Title
Brassard Philippe -- None Available
Brassard M G $444,909 Commerce Title
Park Center Exchange Inc $172,273 Commerce Title
Mokaddem Amine F $305,000 First American Title Ins Co
Yaghi Shucri Ibrahim -- First American Title Ins Co
Alson Ken -- First American Title Ins Co
Barker Tessie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Modi Jimmy R $960,000
Previous Owner Brassard M G $333,750
Previous Owner Mokaddem Amine F $244,000
Closed Mokaddem Amine F $30,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $1,280,000 +7.1% $475 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
12/18/2023 12/18/23 For Sale $1,195,000 -- $444 / 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 $10,055 $1,305,600 $816,000 $489,600
2024 $10,055 $728,420 $498,561 $229,859
2023 $9,875 $714,138 $488,786 $225,352
2022 $8,507 $607,318 $409,431 $197,887
2021 $8,314 $595,410 $401,403 $194,007
2020 $8,138 $589,306 $397,288 $192,018
2019 $8,514 $577,752 $389,499 $188,253
2018 $7,780 $566,424 $381,862 $184,562
2016 $6,992 $544,432 $367,035 $177,397
2015 $6,601 $536,255 $361,522 $174,733
2014 $6,771 $525,752 $354,441 $171,311
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Peter Gillin

    Morgan Skenderian

  • Arun Arya

    Buyer's Agent in 2024

    Arun Arya

    Shivam International REALTORS

    (714) 875-8141

    1 in this area

    6 Total Sales

    Arun Arya
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23227691

California Regional Multiple Listing Service (CRMLS)

APN: 7162-020-065

California Los Angeles County Bellflower 90706

8717 Rose St, Bellflower, CA

Not Listed for Sale

MultiFamily

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