Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
63 Total Sales
2 in Bellflower
$621,000 Price Range
9628 Beverly St Bellflower, CA 90706
Bellflower Area
18
Beds
18
Baths
8,913
Sq Ft
0.39
Acre Lot
Highlights
- 0.39 Acre Lot
- Wall Furnace
- 1-Story Property
About This Home
As of March 2020We are pleased to offer for sale this 9 Unit investment property located in the city of Bellflower. The subject property was built in 1986 and boasts a unit mix of all 2 Bedroom/2 Bathroom units. Tenants enjoy; interior laundry hookups, private two-car garages, private patio/balconies, and master bedroom with private bathroom. Tenants pay for ALL utilities including water! Currently offered at 14.21 GRM and a 4.92% CAP Rate, the last rental increase for 8 of the 9 units was in 2018. Thus, tenants are due for their annual increase bringing the financials to 13.2 GRM and a 5.6% CAP Rate, very lucrative investment for the next investor!!!
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 12/11/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 16,924 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 3 Open Parking Spaces
- 18 Car Garage
- 2 Carport Spaces
Home Design
- Property Attached
Interior Spaces
- 8,913 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 18 Bedrooms
- 18 Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Tax Lot 114
- Tax Tract Number 7
- Assessor Parcel Number 7161003007
Community Details
Overview
- 2 Buildings
- 9 Units
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 9 Separate Gas Meters
- 10 Separate Water Meters
- Electric Expense $673
- Gardener Expense $960
- Insurance Expense $3,565
- Maintenance Expense $10,441
- Other Expense $1,350
- Trash Expense $2,918
- Water Sewer Expense $537
- New Taxes Expense $28,050
- Operating Expense $48,494
- Gross Income $179,400
- Net Operating Income $125,524
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2019
Closed on
Mar 9, 2020
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$2,550,000
Sold Price
$2,550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,472,851
Interest Rate
3.4%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 26, 2019
Sold by
Bought by
Purchase Details
Closed on
Apr 17, 2015
Sold by
Bought by
Purchase Details
Closed on
Nov 17, 2014
Sold by
Bought by
Purchase Details
Closed on
May 12, 2005
Sold by
Bought by
Purchase Details
Closed on
Jul 21, 2000
Sold by
Bought by
Purchase Details
Closed on
Oct 26, 1947
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bellflower, CA
-
Alex Sanchez
-
Claudia Ghazanfary
Claudia Ghazanfary
Call It Closed International,Inc
(818) 412-6387
31 Total Sales
1 in Bellflower
$700,000 Price
-
Gina Bryson
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
2 in Bellflower
$620K - $785K Price Range
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
2 in Bellflower
$900,000 Price Range
-
Kevin Da Silva
Kevin Da Silva
eXp Realty of Greater Los Angeles, Inc.
(424) 372-0894
98 Total Sales
1 in Bellflower
$600,000 Price
-
Robert Esparza
Robert Esparza
Transunited Realty Group
(562) 242-3550
66 Total Sales
1 in Bellflower
$550,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,550,000 | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,700,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2020 03/20/20 | Sold | $2,550,000 | 0.0% | $286 / Sq Ft |
| 01/22/2020 01/22/20 | Pending | -- | -- | -- |
| 12/11/2019 12/11/19 | For Sale | $2,550,000 | -- | $286 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $35,161 | $2,788,794 | $1,115,517 | $1,673,277 |
| 2024 | $33,737 | $2,734,113 | $1,093,645 | $1,640,468 |
| 2023 | $32,384 | $2,680,503 | $1,072,201 | $1,608,302 |
| 2022 | $31,821 | $2,627,945 | $1,051,178 | $1,576,767 |
| 2021 | $31,161 | $2,576,417 | $1,030,567 | $1,545,850 |
| 2020 | $14,993 | $1,099,293 | $266,764 | $832,529 |
| 2019 | $14,750 | $1,077,739 | $261,534 | $816,205 |
| 2018 | $14,237 | $1,056,607 | $256,406 | $800,201 |
| 2016 | $13,582 | $1,015,579 | $246,450 | $769,129 |
| 2015 | $13,315 | $1,000,325 | $242,749 | $757,576 |
| 2014 | $13,180 | $980,731 | $237,994 | $742,737 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Seller's Agent in 2020
Kristopher German
RE/MAX
(909) 645-0443
127 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV19279237
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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