NOT LISTED FOR SALE

9335 Cedar St Bellflower, CA 90706

Estimated Value: $1,593,000 - $1,903,000

9 Beds
9 Baths
4,852 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $600,000 $124 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $9,941/month

1 Day on Market

About This Home

As of April 2012

WoW!!!Great quadruplex with huge lot,APX.19672 sqft,has potential to build 5th unit.Front unit has 3Br.2Ba.2car.private yard.This lovely unit can be owner unit.3 units are 2Br.2Ba.plenty of parking spaces.Well maintained good.Easy to access 91 fwy.Property will be sold 'as-is'condition. short sale subject to lender approval

Last Agent to Sell the Property

Kamal Tadres

Starlitloan&Realty License #01325481 Listed on: 12/29/2011

Last Buyer's Agent

Jaklien Tadres

Starlitloan&Realty License #01793244

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.47

Home Design

  • 4,852 Sq Ft Home
  • Stucco

Additional Features

  • 0.47 Acre Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 7162008027

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • New Taxes Expense $12,563
  • Gross Income $6,600
  • Net Operating Income $57,816

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.18
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7162008027
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 123.66

Exterior Features

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

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Heating Type: Central

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 20365.00
  • Lot Size Acres: 0.4680

Multi Family

  • Gross Income: 6600.00
  • Gross Multiplier: 7.95
  • Gross Scheduled Income: 79200.00
  • Lot Size Area: 20365.0000 Square Feet
  • Net Operating Income: 57816.00
  • Number Of Units Total: 4
  • Operating Expense: 21384.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 12563.00
  • Tax Area: 2267
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2011
Closed on
May 4, 2012
Sold by
Chen Peiji and Cheng Hsiu Lan
Bought by
Lajic Investment Llc
Seller's Agent
Kamal Tadres
Starlitloan&Realty
Buyer's Agent
Jaklien Tadres
Starlitloan&Realty
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%
Current Estimated Value
$1,739,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,139,000
Avg. Annual Appreciation
8.04%

Purchase Details

Listed on
Dec 29, 2011
Closed on
Apr 24, 2012
Sold by
Chen Peiji and Cheng Hsiu Lan
Bought by
Lajic Investment Llc
Seller's Agent
Kamal Tadres
Starlitloan&Realty
Buyer's Agent
Jaklien Tadres
Starlitloan&Realty
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%

Purchase Details

Listed on
Dec 29, 2011
Closed on
Apr 7, 2012
Sold by
Assad Farid F and Abdou Nader E
Bought by
Chen Peiji and Cheng Hsiu Lan
Seller's Agent
Kamal Tadres
Starlitloan&Realty
Buyer's Agent
Jaklien Tadres
Starlitloan&Realty
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%

Purchase Details

Closed on
Feb 7, 2006
Sold by
Guergues Yasmin A
Bought by
Guirguis Samir M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,750
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 9, 2006
Sold by
Shayestehjah Tahereh A
Bought by
Assad Farid F and Abdou Nader E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,750
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 8, 2003
Sold by
Breton Wayne
Bought by
Shayestehjah Tahereh A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1996
Sold by
Breton Joanne W
Bought by
Breton Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,082
Interest Rate
8.23%
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
Lajic Investment Llc -- Calcounties Title Nation Co
Lajic Investment Llc -- None Available
Chen Peiji $600,000 Calcounties Title Nation
Guirguis Samir M -- Alliance Title
Assad Farid F $1,055,000 Alliance Title Company
Shayestehjah Tahereh A $600,000 Ltc
Breton Wayne -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guirguis Samir M $263,750
Previous Owner Assad Farid F $685,750
Previous Owner Shayestehjah Tahereh A $450,000
Previous Owner Breton Wayne $81,082
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2012 04/16/12 Sold $600,000 -4.7% $124 / Sq Ft
12/30/2011 12/30/11 Pending -- -- --
12/29/2011 12/29/11 For Sale $629,900 -- $130 / 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 $10,167 $766,959 $452,175 $314,784
2024 $10,167 $751,921 $443,309 $308,612
2023 $9,789 $737,178 $434,617 $302,561
2022 $9,624 $722,725 $426,096 $296,629
2021 $9,419 $708,555 $417,742 $290,813
2019 $9,189 $687,541 $405,352 $282,189
2018 $8,638 $674,060 $397,404 $276,656
2016 $8,267 $647,887 $381,973 $265,914
2015 $8,102 $638,156 $376,236 $261,920
2014 $8,013 $625,657 $368,867 $256,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P807023

California Regional Multiple Listing Service (CRMLS)

APN: 7162-008-027