NOT LISTED FOR SALE

9328 Ramona St Bellflower, CA 90706

Estimated Value: $1,417,000 - $1,965,000

12 Beds
7 Baths
4,570 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $1,250,000 $274 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,831/month

39 Days on Market

About This Home

As of December 2018

GREAT OPPORTUNITY ON THE 4 INDIVIDUAL HOUSES ON 15,347 SQFT. LOT. FRONT HOUSE HAS 4/2 WITH 2 CAR GARAGE, BUILT IN 1964. JUST RECENTLY CHANGED UNDERGROUND PIPE, NEW WATER HEATER, WINDOWS, NEW ELECTRIC PANEL. SECOND HOUSE HAS 2/1 WITH ONE CAR GARAGE, BUILT IN 1921, RENOVATED IN 2018, PAINTED, NEW WINDOWS, NEW WATER HEATER. THIRD HOUSE HAS 3/2 WITH ONE CAR GARAGE, BUILT IN 1964, SOLAR CELLS, ( BUYER TO VERIFY) NEW WINDOW BUT FLOOR NOT DONE YET. FOURTH HOUSE HAS 3/2 WITH ONE CAR, BUILT IN 1964. COMPLETED RENOVATED BUT WINDOWS HAS BEEN REPLACED YEARS AGO. NEW ROOF FOR UNIT 1, 2, 3 4TH ONE HAS BEEN DONE YEARS AGO.

Last Agent to Sell the Property

Sirivan Phungluantham

Blue Diamond License #00931148 Listed on: 10/09/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,915

Year Built

  • Built in 1921

Lot Details

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

Parking

  • 5 Car Garage

Home Design

  • 4,570 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, security
  • Tax Lot 203
  • Tax Tract Number 5544
  • Assessor Parcel Number 7162008014

Community Details

Overview

  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,172
  • Pest Control $780
  • Trash Expense $960
  • Water Sewer Expense $1,800
  • New Taxes Expense $18,625
  • Operating Expense $24,157
  • Gross Income $10,464
  • Net Operating Income $80,483

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,915

Year Built

Built in 1921

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: BFR2*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7162008014
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 273.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, In Garage, In Kitchen
  • Pest Control Expense: 780.00
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15347.00
  • Lot Size Acres: 0.3523

Rental Info

  • Tenant Pays: Electricity, Gas, Security

Multi Family

  • Gross Income: 10464.00
  • Gross Scheduled Income: 10464.00
  • Insurance Expense: 2172.00
  • Lot Size Area: 15347.0000 Square Feet
  • Net Operating Income: 80483.00
  • 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
  • Operating Expense: 24157.00
  • Rent Control: No
  • Total Actual Rent: 8720.00
  • Total Expenses: 24157.00

Tax Info

  • New Taxes Expense: 18625.00
  • Tax Census Tract: 5544.03
  • Tax Lot: 203
  • Tax Tract Number: 5544.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
R & G Property Inc
Bought by
Matar Moussa and Matar Feyrouz
Current Estimated Value
$1,796,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Outstanding Balance
$582,337
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,213,914

Purchase Details

Closed on
Oct 29, 2019
Sold by
Matar Moussa and Saab Mohammad Ali
Bought by
R & G Property Inc

Purchase Details

Listed on
Oct 9, 2018
Closed on
Nov 19, 2018
Sold by
Susayanha Dara
Bought by
Matar Moussa
Seller's Agent
Sirivan Phungluantham
Blue Diamond
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,490,000
Sold Price
$1,250,000
Premium/Discount to List
-$240,000
-16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$670,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2000
Sold by
Smith William M and Smith Suleeta A
Bought by
Susayanha Dara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.96%
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
Matar Moussa -- First American Title Company
R & G Property Inc -- None Available
Matar Moussa $1,250,000 Fidelity National Title Insu
Susayanha Dara $380,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matar Moussa $655,000
Previous Owner Matar Moussa $670,000
Previous Owner Susayanha Dara $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $1,250,000 -10.1% $274 / Sq Ft
11/17/2018 11/17/18 Pending -- -- --
11/03/2018 11/03/18 Price Changed $1,390,000 -4.1% $304 / Sq Ft
10/16/2018 10/16/18 Price Changed $1,450,000 -2.7% $317 / Sq Ft
10/09/2018 10/09/18 For Sale $1,490,000 -- $326 / 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 $16,915 $1,394,393 $836,637 $557,756
2024 $16,915 $1,367,053 $820,233 $546,820
2023 $16,239 $1,340,249 $804,150 $536,099
2022 $15,956 $1,313,971 $788,383 $525,588
2021 $15,625 $1,288,208 $772,925 $515,283
2020 $15,489 $1,275,000 $765,000 $510,000
2019 $15,224 $1,250,000 $750,000 $500,000
2018 $14,692 $503,226 $143,018 $360,208
2016 $6,405 $483,687 $137,465 $346,222
2015 $6,279 $476,423 $135,401 $341,022
2014 $6,217 $467,091 $132,749 $334,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18246542

California Regional Multiple Listing Service (CRMLS)

APN: 7162-008-014