NOT LISTED FOR SALE

9425 Beach St Bellflower, CA 90706

Estimated Value: $849,664 - $941,000

4 Beds
2 Baths
1,608 Sq Ft
$556/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $390,000 $243 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,338/month

24 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Level Lot
  • Heating Available

About This Home

As of August 2013

Very nice income units near the 91 fwy. Large lot and in great condition. Both units currently rented.

Last Agent to Sell the Property

Jerry Lau

Cogburn-Miller Realty License #01184301 Listed on: 05/22/2013

Last Buyer's Agent

Sunnay Nguon

Mark 1 Real Estate, Inc License #01116004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,937

Year Built

  • Built in 1957

Lot Details

  • 7,493 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 1,608 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 58
  • Assessor Parcel Number 7110021030

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $2,400
  • Insurance Expense $1,500
  • Trash Expense $876
  • Water Sewer Expense $270
  • New Taxes Expense $4,800
  • Gross Income $2,300
  • Net Operating Income $17,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,937

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 270.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 7110021030
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 242.54
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Trash Expense: 876.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 7493.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7493.0000 Square Feet
  • Net Operating Income: 17754.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9846.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Lot: 58
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2018
Sold by
Wang Reng Buoy and Wang Hengehou
Bought by
Wang Hengchon and Wang Peter Yin
Current Estimated Value
$893,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$238,741
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$654,675

Purchase Details

Closed on
Dec 1, 2014
Sold by
Wang Heng Buoy and Wang Hengehou
Bought by
Wang Heng Buoy and Wang Hengchou

Purchase Details

Closed on
Jan 28, 2014
Sold by
Wang Heng Buoy
Bought by
Wang Heng Buoy and Wang Hengchou

Purchase Details

Listed on
May 22, 2013
Closed on
Jun 11, 2013
Sold by
Klein Janalee Cleland and Cleveland Family Living Trust
Bought by
Wang Heng Buoy
Seller's Agent
Jerry Lau
Cogburn-Miller Realty
Buyer's Agent
Sunnay Nguon
Mark 1 Real Estate, Inc
List Price
$379,000
Sold Price
$390,000
Premium/Discount to List
$11,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$292,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wang Hengchon -- None Available
Wang Heng Buoy -- Accommodation
Wang Heng Buoy -- Lawyers Title
Wang Heng Buoy $390,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Hengchon $278,000
Previous Owner Wang Heng Buoy $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2013 08/01/13 Sold $390,000 +2.9% $243 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $379,000 -- $236 / 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 $7,937 $654,244 $457,403 $196,841
2024 $7,937 $641,417 $448,435 $192,982
2023 $7,619 $628,842 $439,643 $189,199
2022 $7,484 $616,513 $431,023 $185,490
2021 $7,331 $604,425 $422,572 $181,853
2020 $7,267 $598,229 $418,240 $179,989
2019 $7,141 $586,500 $410,040 $176,460
2018 $5,181 $420,170 $252,103 $168,067
2016 $4,971 $403,856 $242,314 $161,542
2015 $4,870 $397,791 $238,675 $159,116
2014 $4,810 $390,000 $234,000 $156,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jerry Lau

    Cogburn-Miller Realty

  • S

    Buyer's Agent in 2013

    Sunnay Nguon

    Mark 1 Real Estate, Inc

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13096195

California Regional Multiple Listing Service (CRMLS)

APN: 7110-021-030

California Los Angeles County Bellflower 90706

9425 Beach St, Bellflower, CA

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