NOT LISTED FOR SALE

9160 Rose St Bellflower, CA 90706

Estimated Value: $1,061,000 - $1,184,867

5 Beds
4 Baths
2,370 Sq Ft
$470/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $760,000 $321 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,667/month

239 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Laundry Room

About This Home

As of March 2021

Back on Market with a $40k Price Reduction!! Investors Special! Commercial Front unit is approximately 700 sq ft Currently being used by the owner. It is set up for 2 bathrooms and has a Kitchenette that would be perfect for a small business. The Middle unit is 1 or 2 bed house with parking and is currently occupied by the owner. This home has tiled floors, a newer Hot Water Heater and Forced Air Heating. The Refrigerator, Stove, Washer, and Dryer are included in the sale. The back unit is a 3 bed 1 bath house, it has tiled floors, a newer Hot Water Heater, Forced Air Heating, it can be rented for up to $2200 per month. There is Ample Parking at this location! Property is a Mixed Used duplex. Loans will need to be a commercial loan with at least 30% down. Submit! Seller is Motivated!! See commercial lender before presenting offers. Property is sold in 'as is' condition.

Last Agent to Sell the Property

Jack Pisciotta

RAD Real Estate Management Inc License #01091796 Listed on: 04/16/2020

Last Buyer's Agent

Jack Pisciotta

RAD Real Estate Management Inc License #01091796 Listed on: 04/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,927

Year Built

  • Built in 1947

Lot Details

  • 10,124 Sq Ft Lot
  • No Common Walls

Home Design

  • Duplex

Interior Spaces

  • 2,370 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Parking Available
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 30
  • Tax Tract Number 12
  • Assessor Parcel Number 7162004023

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,500
  • New Taxes Expense $12,375
  • Operating Expense $18,075
  • Gross Income $67,200
  • Net Operating Income $49,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,927

Year Built

Built in 1947

Lot Details

0

Listing Details

  • CapRate: 4.50
  • Property Attached: No
  • Water Sewer Expenses: 2500.00
  • Zoning: BFM1*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7162004023
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 320.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, On Site
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10124.00
  • Lot Size Acres: 0.2324

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 10124.0000 Square Feet
  • Net Operating Income: 49125.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18075.00
  • Rent Control: No
  • Total Expenses: 18075.00

Tax Info

  • New Taxes Expense: 12375.00
  • Tax Block: 30
  • Tax Census Tract: 5544.03
  • Tax Lot: 6
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Rubio David Anthony
Bought by
Rubio David
Current Estimated Value
$1,113,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$318,061
Interest Rate
6.46%
Estimated Equity
$795,406

Purchase Details

Closed on
Jul 12, 2016
Sold by
Scherubel Norman Daniel
Bought by
Scherubel Norman Daniel

Purchase Details

Closed on
May 22, 2014
Sold by
Scherubel Constance I
Bought by
Scherubel Constance Irene and Constance Irene Scherubel Living Trust

Purchase Details

Closed on
Apr 6, 2005
Sold by
Bellflower Income Property Partnership
Bought by
Scherubel Constance I

Purchase Details

Closed on
Jun 2, 1999
Sold by
Hawkins Phillip
Bought by
Bellflower Income Property Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,921
Interest Rate
7.64%
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
Rubio David -- None Listed On Document
Scherubel Norman Daniel -- None Available
Scherubel Constance Irene -- None Available
Scherubel Constance I $590,000 Stewart Title
Bellflower Income Property Partnership $160,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio David $322,000
Closed Rubio David $332,000
Previous Owner Bellflower Income Property Partnership $128,921
Closed Bellflower Income Property Partnership $12,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $760,000 -3.8% $321 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/14/2020 11/14/20 Price Changed $790,000 -1.3% $333 / Sq Ft
08/28/2020 08/28/20 Price Changed $800,000 -4.8% $338 / Sq Ft
07/22/2020 07/22/20 For Sale $840,000 +10.5% $354 / Sq Ft
07/20/2020 07/20/20 Off Market $760,000 -- --
07/15/2020 07/15/20 Price Changed $840,000 -5.6% $354 / Sq Ft
05/29/2020 05/29/20 Price Changed $890,000 -9.6% $376 / Sq Ft
05/08/2020 05/08/20 Price Changed $985,000 -0.5% $416 / Sq Ft
04/16/2020 04/16/20 For Sale $990,000 -- $418 / 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 $9,927 $822,648 $541,216 $281,432
2024 $9,927 $806,518 $530,604 $275,914
2023 $9,529 $790,704 $520,200 $270,504
2022 $9,347 $775,200 $510,000 $265,200
2021 $1,480 $66,305 $35,529 $30,776
2020 $1,468 $65,626 $35,165 $30,461
2019 $1,449 $64,340 $34,476 $29,864
2018 $1,207 $63,079 $33,800 $29,279
2016 $1,130 $60,632 $32,489 $28,143
2015 $1,111 $59,722 $32,001 $27,721
2014 $1,113 $58,553 $31,375 $27,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20074564

California Regional Multiple Listing Service (CRMLS)

APN: 7162-004-023