NOT LISTED FOR SALE

9554 Cedar St Bellflower, CA 90706

Estimated Value: $1,558,000 - $2,292,000

12 Beds
7 Baths
5,272 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $1,324,000 $251 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $11,952/month

49 Days on Market

Highlights

  • 0.46 Acre Lot
  • Main Floor Bedroom
  • No HOA
  • Traditional Architecture
  • Private Yard
  • Living Room

About This Home

As of December 2018

One of a kind income-generating opportunity! Quadruplex with two additional garages with second floor lofts! The front house is a spacious 6 bedroom 3.75 bathroom home with new upgrades throughout including new laminate flooring, new kitchen cabinets and countertops, new carpet in the bedrooms, new light fixtures throughout, two new HVAC units - one for each floor, and attached two car garage. The three other units two units have 2 bedrooms and 1 bathroom each. All feature fresh exterior paint. The rear unit has been recently upgraded with new vinyl floors and carpet, new kitchen countertops, and new light fixtures throughout. This 20,000 square foot lot also features two additional garages, one 2 car garage and one single car garage, each with a new roof as well as second floor loft space. Conveniently located close to local parks, public schools, public transportation, shopping, and the 91 Frwy. This will not last long, see it today! Voucher(s) for a stove for each unit issued at the close of escrow.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 08/31/2018

Last Buyer's Agent

ARNEL REYES

COLDWELL BANKER LEADERS License #01977209

COLDWELL BANKER LEADERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,024

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 66x306
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Front Yard Sprinklers
  • Private Yard
  • Lawn

Parking

  • 5 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Combination Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,272 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Main Floor Bedroom
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 251
  • Assessor Parcel Number 7161020006

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 1 Leased Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,024

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: BFA1*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7161020006
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 251.14
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Combination
  • Fence: Yes
  • Fencing: Block, Stucco Wall, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Lot 20000-39999 Sqft, Sprinklers In Front, Yard
  • Lot Size: 66x306
  • Lot Size Sq Ft: 20133.00
  • Lot Size Acres: 0.4622

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 111000.00
  • Lot Size Area: 20133.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5544.04
  • Tax Lot: 251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Nov 15, 2018
Sold by
Hollyvale Rental Holdings Llc
Bought by
Silva Stephen G Da
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
ARNEL REYES
COLDWELL BANKER LEADERS
List Price
$1,400,000
Sold Price
$1,324,000
Premium/Discount to List
-$76,000
-5.43%
Current Estimated Value
$1,992,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,656
Avg. Annual Appreciation
6.02%
Original Mortgage
$993,000
Outstanding Balance
$873,144
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,119,512

Purchase Details

Closed on
Oct 12, 2017
Sold by
Wedgewood Intermediary I Llc
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Sep 21, 2017
Sold by
Mendoza Ramona and Wells Fargo Bank Na
Bought by
Wedgewood Intermediary I Llc

Purchase Details

Closed on
May 21, 2017
Sold by
Mendoza Ramona
Bought by
Moreno Maria Rocio

Purchase Details

Closed on
Oct 30, 2001
Sold by
Moreno Maria
Bought by
Mendoza Ramona

Purchase Details

Closed on
May 6, 1996
Sold by
Fairchild Steven D and Fairchild Cynthia A
Bought by
Mendoza Ramona and Moreno Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,050
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Silva Stephen G Da $1,324,000 Fidelity National Title Comp
Hollyvale Rental Holdings Llc -- Accommodation
Wedgewood Intermediary I Llc $1,112,000 Accommodation
Moreno Maria Rocio -- None Available
Mendoza Ramona -- --
Mendoza Ramona $315,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Stephen G Da $993,000
Previous Owner Mendoza Ramona $299,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2018 12/10/18 Sold $1,324,000 -1.9% $251 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $1,349,900 -3.6% $256 / Sq Ft
08/31/2018 08/31/18 For Sale $1,400,000 -- $266 / 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 $18,024 $1,476,943 $960,460 $516,483
2024 $18,024 $1,447,984 $941,628 $506,356
2023 $17,308 $1,419,593 $923,165 $496,428
2022 $17,008 $1,391,759 $905,064 $486,695
2021 $16,656 $1,364,470 $887,318 $477,152
2020 $16,511 $1,350,695 $878,220 $472,475
2019 $16,231 $1,324,215 $861,000 $463,215
2018 $13,281 $1,112,215 $700,000 $412,215
2016 $7,483 $592,482 $186,454 $406,028
2015 $7,331 $583,584 $183,654 $399,930
2014 $7,252 $572,153 $180,057 $392,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18212676

California Regional Multiple Listing Service (CRMLS)

APN: 7161-020-006