NOT LISTED FOR SALE

9529 Olive St Bellflower, CA 90706

Estimated Value: $1,450,000 - $1,504,466

6 Beds
9 Baths
4,233 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $1,350,000 $319 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,374/month

9 Days on Market

About This Home

As of October 2023

Centrally located Bellflower Triplex close to the 91, 710, 105 and 605 freeways for easy access to Los Angeles or Orange county. All 3 units are townhome style and feature 2 large master suite bedrooms and 3 baths. Each unit comes has a 2 car garage. This property is a gem and would a great addition to anyone's portfolio or as an owner occupant living in one unit and collecting rent from the other two. Vinyl floors were put in the front unit within the year along with some fresh paint.

Last Agent to Sell the Property

Michael Torres

On The Move Realty License #01469202 Listed on: 09/04/2023

Last Buyer's Agent

Sarah Kim

Sarah Kim, Broker License #02033475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,277

Year Built

  • Built in 1983

Lot Details

  • 6,552 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 6 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 4,233 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 133
  • Tax Tract Number 541
  • Assessor Parcel Number 7106009021
  • $1,119 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,080
  • Insurance Expense $1,400
  • Operating Expense $2,480
  • Gross Income $67,200
  • Net Operating Income $64,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,277

Year Built

Built in 1983

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 416667
  • Property Attached: Yes
  • Zoning: BFR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7106009021
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 318.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6552.00
  • Lot Size Acres: 0.1504

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6552.0000 Square Feet
  • Net Operating Income: 64720.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2480.00
  • Rent Control: Yes
  • Total Actual Rent: 5600.00
  • Total Expenses: 2480.00

Tax Info

  • Tax Census Tract: 5542.04
  • Tax Lot: 133
  • Tax Tract Number: 541
  • TaxOtherAnnualAssessmentAmount: 1119.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Sep 18, 2023
Sold by
Bh Reddington Family Limited Partnership
Bought by
Khlil Tamer and Rizkalla Nevine
Seller's Agent
Michael Torres
On The Move Realty
Buyer's Agent
Sarah Kim
Sarah Kim, Broker
List Price
$1,250,000
Sold Price
$1,350,000
Premium/Discount to List
$100,000
8%
Views
15
Current Estimated Value
$1,471,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,617
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,000,000
Outstanding Balance
$991,371
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$457,042

Purchase Details

Closed on
Aug 18, 2014
Sold by
Reddington Barbara H
Bought by
Bh Reddington Family Limited Partnership

Purchase Details

Closed on
Sep 19, 1996
Sold by
Reddington Barbara H
Bought by
Reddington Barbara H and The Reddington Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khlil Tamer $1,350,000 Chicago Title Company
Bh Reddington Family Limited Partnership -- None Available
Reddington Barbara H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khlil Tamer $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $1,350,000 +8.0% $319 / Sq Ft
09/04/2023 09/04/23 For Sale $1,250,000 -- $295 / 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 $16,277 $1,377,000 $918,000 $459,000
2024 $16,277 $1,350,000 $900,000 $450,000
2023 $7,050 $547,616 $99,555 $448,061
2022 $6,924 $536,879 $97,603 $439,276
2021 $6,767 $526,353 $95,690 $430,663
2019 $6,594 $510,743 $92,852 $417,891
2018 $6,333 $500,730 $91,032 $409,698
2017 $6,285 $490,913 $89,248 $401,665
2016 $6,123 $481,289 $87,499 $393,790
2015 $6,000 $474,060 $86,185 $387,875
2014 $5,853 $464,775 $84,497 $380,278
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23165349

California Regional Multiple Listing Service (CRMLS)

APN: 7106-009-021