NOT LISTED FOR SALE

8738 Flower St Bellflower, CA 90706

Estimated Value: $833,389 - $948,000

2 Beds
1 Bath
1,647 Sq Ft
$535/Sq Ft Est. Value

Last Sold January 24, 2013

Last sale price $325,000 $197 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $5,019/month

19 Days on Market

About This Home

As of January 2013

Great Investment! 2 units in Bellflower not to close but not to far from the 91 fwy. Boxed eaves on Houses and Garage. New exterior paint on front House.Live in one rent the other!

Last Agent to Sell the Property

Gerald Miller

Cogburn-Miller Realty License #00229818 Listed on: 10/17/2012

Last Buyer's Agent

Art Olivier

Cogburn-Miller Realty License #00815816

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,668

Home Design

  • 1,647 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Kitchen

  • Gas Oven or Range
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking

Additional Features

  • 6,668 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 12736
  • Assessor Parcel Number 7107008030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • New Taxes Expense $4,062
  • Gross Income $1,810
  • Net Operating Income $19,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.91
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7107008030
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 197.33

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6668.00
  • Lot Size Acres: 0.1530

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 1810.00
  • Gross Multiplier: 14.96
  • Gross Scheduled Income: 21720.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 19220.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2500.00

Tax Info

  • New Taxes Expense: 4062.00
  • Tax Area: 7324
  • Tax Lot: 85
  • Tax Tract Number: 12736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2013
Sold by
Pereira Frank T and Pereira Noelia T
Bought by
Pereira Frank T and Pereira Noelia T
Current Estimated Value
$881,097

Purchase Details

Closed on
Nov 7, 2012
Sold by
Hatch Kent P and The Hatch Family Living Trust
Bought by
Pereira Frank T and Pereira Noelia T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pereira Frank T -- None Available
Pereira Frank T $325,000 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2013 01/24/13 Sold $325,000 0.0% $197 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $325,000 -- $197 / 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 $5,495 $400,199 $259,823 $140,376
2024 $5,495 $392,353 $254,729 $137,624
2023 $5,397 $384,661 $249,735 $134,926
2022 $5,256 $377,120 $244,839 $132,281
2021 $5,136 $369,727 $240,039 $129,688
2020 $5,025 $365,937 $237,578 $128,359
2019 $5,258 $358,763 $232,920 $125,843
2018 $4,840 $351,729 $228,353 $123,376
2016 $4,348 $338,073 $219,487 $118,586
2015 $4,104 $332,996 $216,191 $116,805
2014 $4,208 $326,474 $211,957 $114,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1205257

California Regional Multiple Listing Service (CRMLS)

APN: 7107-008-030