Seller's Agent in 2022
Steve Kang
Masters Realty Eastern Group
(909) 720-2000
1 in this area
31 Total Sales
9523 Cedar St Bellflower, CA 90706
13
Beds
8
Baths
6,671
Sq Ft
0.45
Acres
Highlights
- 0.45 Acre Lot
- No HOA
- Laundry Room
- Lawn
- Neighborhood Views
- Forced Air Heating and Cooling System
About This Home
As of January 2022Owning rental real estate can be a smart way to diversity your investment portfolio and generate a steady income. A multi-family property can multiply your income with only incremental added cost. Multi-family rentals are typically easier to finance, compound returns more quickly, tend to benefit from economies of scale. THESE 6 INDIVIDUALLY SEPARATED UNITS ARE THE BEST ONE FOR THE ABOVE CONDITION!!!
All units have it's own privacy like single family units.
Most units were remodeled inside including kitchen, some bathrooms, flooring except one unit which had newer flooring.
The biggest unit was remodeled completely 3 years ago and has 3 bedrooms and 3 bathrooms with two car attached garage directly accessing into the house and has it's own back yard.
All other 5 units have it's own attached one car garage and parking spaces separately and have wash and dryer hook ups in the garage.
Last Agent to Sell the Property
Masters Realty Eastern Group License #00954378 Listed on: 10/11/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976 | Remodeled
Lot Details
- 0.45 Acre Lot
- Two or More Common Walls
- Sprinkler System
- Lawn
- Garden
Parking
- 6 Open Parking Spaces
- 7 Car Garage
Home Design
- Apartment
- Slab Foundation
- Composition Roof
Interior Spaces
- 6,671 Sq Ft Home
- 1-Story Property
- Blinds
- Window Screens
- Neighborhood Views
- Fire and Smoke Detector
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 227
- Tax Tract Number 554
- Assessor Parcel Number 7161011040
- $2,497 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Buildings
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,400
- Insurance Expense $2,252
- Other Expense $15,216
- Trash Expense $2,460
- Water Sewer Expense $4,020
- Operating Expense $28,844
- Gross Income $153,600
- Net Operating Income $124,756
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $2,500,000 | 0.0% | $375 / Sq Ft |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 10/11/2021 10/11/21 | For Sale | $2,499,000 | -- | $375 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Steve Kang
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21221470
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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