NOT LISTED FOR SALE

9232 Walnut St Bellflower, CA 90706

Estimated Value: $1,355,000 - $1,791,000

10 Beds
5 Baths
3,943 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $1,026,000 $260 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,724/month

14 Days on Market

Highlights

  • 19,408 Sq Ft lot
  • No HOA
  • 6 Car Garage
  • Private Yard
  • Laundry Room
  • Chain Link Fence

About This Home

As of July 2017

DRIVE BY ONLY - DO NOT WALK PROPERTY! DO NOT CONTACT TENANTS! Rare opportunity to purchase 4 single family detached homes on almost 20,000 sq ft lot in Bellflower. The original 1920s home is a 3 bedroom/ 1 bath bungalow. In the 1970s, the 3 additional homes were built. The 2nd home on the lot is 2 bedroom 1 bath with an attached 2 car and 1 car garage (for first home). The 3rd home is also 2 bedroom 1 bath with an attached 1 car garage. The last home is 3 bedrooms/2 bath with attached 2 car garage. Because of the large lot, there is lots parking and yard space. All homes appear to be in good condition with below market rents. Sold AS-IS. Drive by and please do not disturb the tenants. Month to month rents are extremely low. TONS OF UPSIDE POTENTIAL HERE!

Last Agent to Sell the Property

Eric Greene

Keller Williams Coastal Prop. License #01358668 Listed on: 06/06/2017

Keller Williams Coastal Prop.

Last Buyer's Agent

Satia To

Coldwell Banker Realty License #01047501

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • RV Potential

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,943 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7110008032

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $36,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: BFA1*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7110008032
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 260.21

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Uncovered, Garage, RV Potential
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 19408.00

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3000.00

Tax Info

  • Tax Census Tract: 5542.01
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Mam Chantha and Ov John Sun
Bought by
9232 Walnut Trust
Current Estimated Value
$1,629,319

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jun 27, 2017
Sold by
To Sathia Ngo
Bought by
Ov John Sun
Seller's Agent
Eric Greene
Keller Williams Coastal Prop.
Buyer's Agent
Satia To
Coldwell Banker Realty
List Price
$999,900
Sold Price
$1,026,000
Premium/Discount to List
$26,100
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jun 23, 2017
Sold by
Denny Sandra and Watson Exemption B Trust
Bought by
Mam Chantha
Seller's Agent
Eric Greene
Keller Williams Coastal Prop.
Buyer's Agent
Satia To
Coldwell Banker Realty
List Price
$999,900
Sold Price
$1,026,000
Premium/Discount to List
$26,100
2.61%

Purchase Details

Closed on
May 14, 1997
Sold by
Trust Watson Gordon E Tr Watson Family
Bought by
Watson Gordon E and The Watson Exemption B Trust
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
9232 Walnut Trust -- None Available
Ov John Sun -- Chicago Title Company
Mam Chantha $1,026,000 Chicago Title Company
Watson Gordon E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $1,026,000 0.0% $260 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/14/2017 06/14/17 Off Market $1,026,000 -- --
06/06/2017 06/06/17 For Sale $999,900 -- $254 / 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 $14,457 $1,167,409 $682,696 $484,713
2024 $14,457 $1,144,519 $669,310 $475,209
2023 $13,888 $1,122,079 $656,187 $465,892
2022 $13,649 $1,100,078 $643,321 $456,757
2021 $13,369 $1,078,508 $630,707 $447,801
2020 $13,255 $1,068,050 $624,240 $443,810
2019 $13,031 $1,047,120 $612,000 $435,120
2018 $12,451 $1,026,600 $600,000 $426,600
2016 $3,353 $205,168 $49,477 $155,691
2015 $3,292 $202,087 $48,734 $153,353
2014 $3,281 $198,130 $47,780 $150,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17126190

California Regional Multiple Listing Service (CRMLS)

APN: 7110-008-032