NOT LISTED FOR SALE

9450 Park St Bellflower, CA 90706

11 Beds
6 Baths
4,683 Sq Ft
19,990 Sq Ft Lot

Last Sold June 09, 2022

Last sale price $2,150,000 $459 Per Sq Ft

3 Days on Market

Highlights

  • 0.46 Acre Lot
  • Laundry Room
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of June 2022

Don't miss out!!! 5 units to add to your portfolio. This property features a three-bedroom two-bath unit that was completely remodeled 5 years ago. Two of the two-bedroom units have recently remodeled bathrooms and newer vinyl plank flooring. Another one of the two-bedroom units also features the newer vinyl flooring. All units have gas wall heaters and private back and side yards separated by fences. All four of the 2 bedroom units have their own washer and dryer in their individual garages. Location location location!!! Located less than 5 minutes away from the Downtown Bellflower area that features plenty of restaurants and local dining. Estimated cap rate at 4%. A perfect upleg for your buyer coming out of a 1031. Conveniently located near the 91, 605 & 710 Fwys.

Last Agent to Sell the Property

Adrian Cafuentes

PAK Home Realty License #01801444 Listed on: 03/25/2022

PAK Home Realty

Last Buyer's Agent

Anna Hong

T.N.G. Real Estate Consultants License #01825610

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 19,989 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,683 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 2336
  • Assessor Parcel Number 7110021002

Community Details

Overview

  • 4 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Trash Expense $135
  • Water Sewer Expense $121
  • Operating Expense $4,272

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0.46 Acres

Parking

5

Listing Details

  • CapRate: 4.70
  • Property Attached: Yes
  • Water Sewer Expenses: 121.00
  • Zoning: BFR2*
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 7110021002
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 459.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 135.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 19989.00
  • Lot Size Acres: 0.4589

Multi Family

  • Lot Size Area: 19989.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: Yes
  • Total Expenses: 4272.00

Tax Info

  • Tax Census Tract: 5544.04
  • Tax Lot: 56
  • Tax Tract Number: 2336
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $2,150,000 +13.2% $459 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $1,900,000 -- $406 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $27,289 $2,281,596 $1,273,449 $1,008,147
2024 $27,289 $2,236,860 $1,248,480 $988,380
2023 $26,188 $2,193,000 $1,224,000 $969,000
2022 $7,226 $460,408 $251,692 $208,716
2021 $7,076 $451,381 $246,757 $204,624
2020 $7,024 $446,753 $244,227 $202,526
2019 $6,921 $437,994 $239,439 $198,555
2018 $6,464 $429,407 $234,745 $194,662
2016 $6,142 $412,735 $225,631 $187,104
2015 $6,030 $406,536 $222,242 $184,294
2014 $5,986 $398,573 $217,889 $180,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22059136

California Regional Multiple Listing Service (CRMLS)
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