NOT LISTED FOR SALE

9410 Flower St Bellflower, CA 90706

Estimated Value: $583,212

2 Beds
1 Bath
2,385 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $275,000 $115 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,453/month

21 Days on Market

Highlights

  • Contemporary Architecture
  • No Heating
  • 4-minute walk to Simms Park

About This Home

As of June 2013

Bank owned. Assessed @ 377K. Store + 2 bed SFR + 2 car garage + guesthouse on 60x140 lot. All vacant. 2385 sq. ft. of building (not including guesthouse), 8340 sq. ft. of land. Zoned BFCG (commercial general). Long gated driveway (parking lot next door isn't included, but church is open to renting it), separate meters. 5% fixed SBA loans available w/ 10% down + OWC 1st TD w/ 30% down @ 7% fixed. According to the city the residential units must be used as commercial after 2020, and all the buildings on Flower must be set back 11' from the sidewalk by 2032. (I forsee an uproar against the city about this, so we'll see). This is a steal.

Last Agent to Sell the Property

Leo Nordine

Leo Nordine Realtors License #00961679 Listed on: 10/05/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 8,409 Sq Ft Lot
  • Lot Dimensions are 60x140

Parking

  • 4 Parking Spaces

Home Design

  • 2,385 Sq Ft Home
  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 299
  • Assessor Parcel Number 7110013017

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Zoning: BFCG
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7110013017
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 115.30

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 60x140
  • Lot Size Sq Ft: 8409.00
  • Lot Size Acres: 0.1930

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 8409.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 2267
  • Tax Lot: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2012
Sold by
Sternfeld Michael and Sternfeld Ellen
Bought by
Liao Tonia and Tona Liao Revocable Trust
Current Estimated Value
$583,212

Purchase Details

Closed on
Mar 14, 2012
Sold by
Escareno Raul
Bought by
Sternfeld Michael and Sternfeld Ellen

Purchase Details

Closed on
Feb 27, 2012
Sold by
Escareno Raul and Canche Elizandra
Bought by
Escareno Raul and Aguayo Juana L

Purchase Details

Closed on
Oct 31, 2011
Sold by
Escareno Raul
Bought by
Escareno Raul and Canche Elizandra

Purchase Details

Closed on
Jan 27, 2005
Sold by
Palafox Leticia
Bought by
Escareno Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 1999
Sold by
Laredo Jesus
Bought by
Laredo Irma

Purchase Details

Closed on
Mar 26, 1999
Sold by
Patel Parixit D and Patel Nita
Bought by
Escareno Raul and Laredo Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.63%
Mortgage Type
Commercial
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
Liao Tonia $275,000 Title365 Company
Sternfeld Michael $300,000 Stewart Title
Escareno Raul -- None Available
Escareno Raul -- None Available
Escareno Raul -- New Century Title Company
Escareno Raul -- New Century Title Company
Laredo Irma -- Investors Title Company
Escareno Raul -- Investors Title Company
Escareno Raul $198,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escareno Raul $227,000
Previous Owner Escareno Raul $130,000
Closed Escareno Raul $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2013 06/25/13 Sold $275,000 -3.5% $115 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $285,000 -- $119 / 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 $4,851 $338,632 $246,282 $92,350
2024 $4,851 $331,993 $241,453 $90,540
2023 $4,678 $325,484 $236,719 $88,765
2022 $4,596 $319,103 $232,078 $87,025
2021 $4,497 $312,847 $227,528 $85,319
2020 $4,461 $309,640 $225,195 $84,445
2019 $4,388 $303,570 $220,780 $82,790
2018 $4,137 $297,618 $216,451 $81,167
2016 $3,955 $286,063 $208,047 $78,016
2015 $3,876 $281,767 $204,922 $76,845
2014 $3,827 $276,248 $200,908 $75,340
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Leo Nordine

    Leo Nordine Realtors

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    7 in this area

    6,219 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1205050

California Regional Multiple Listing Service (CRMLS)

APN: 7110-013-017

California Los Angeles County Bellflower 90706

9410 Flower St, Bellflower, CA

Not Listed for Sale

MultiFamily

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