NOT LISTED FOR SALE

8803 Cedar St Bellflower, CA 90706

9 Beds
5 Baths
4,653 Sq Ft
0.45 Acres

Last Sold December 04, 2013

Last sale price $682,626 $147 Per Sq Ft

73 Days on Market

About This Home

As of December 2013

LOCATION, LOCATION, LOCATION!!! Great investment opportunity to purchase this 5-unit multi-family property on a 19,000+ sqft lot. The 2 front units have 2bedrooms +1 bath and 1car garage, the other 2units/duplex have 2 bedrooms + 1 1/2 baths and 2car garage and the one unit has a 1bedroom + 1bath with carport parking. This unit is well maintained and always 100% occupancy with potential rent increase! Don't miss this great deal, bring in your offer!!! **Agents please see remarks**

Last Agent to Sell the Property

Gina Galang

Your Choice Realty & REO Listed on: 09/10/2013

Last Buyer's Agent

Jennifer Chow

Napoli R.E. & Property Mgt. License #00929968

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,653 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 16 / 4
  • Tax Tract Number 5023
  • Assessor Parcel Number 7162019052

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Water Sewer Expense $1,680
  • New Taxes Expense $8,200
  • Gross Income $4,146
  • Net Operating Income $49,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7162019052
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 146.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19567.00
  • Lot Size Acres: 0.4490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4146.00
  • Gross Scheduled Income: 61800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 19567.0000 Square Feet
  • Net Operating Income: 49760.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 12040.00
  • Rent Control: No
  • Total Actual Rent: 5075.00

Tax Info

  • New Taxes Expense: 8200.00
  • Tax Block: 4
  • Tax Lot: 16
  • Tax Tract Number: 5023
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2013 12/04/13 Sold $682,626 -93.2% $147 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $9,999,900 -- $2,149 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gina Galang

    Your Choice Realty & REO

  • J

    Buyer's Agent in 2013

    Jennifer Chow

    Napoli R.E. & Property Mgt.

    (949) 350-4116

    1 in this area

    5 Total Sales

    Jennifer Chow
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13184331

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Bellflower 90706

8803 Cedar St, Bellflower, CA

This home is located at 8803 Cedar St, Bellflower, CA 90706 since 10 September 2013. This property was built in 1961. 8803 Cedar St is a home located in Los Angeles County with nearby schools including Captain Raymond Collins School, Leona Jackson Middle School, and Buena Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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