NOT LISTED FOR SALE

9635 Olive St Bellflower, CA 90706

Estimated Value: $1,283,000 - $1,944,000

11 Beds
7 Baths
4,388 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $1,271,000 $290 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,258/month

7 Days on Market

Highlights

  • Lawn
  • Recessed Lighting
  • Storage
  • Double Pane Windows
  • Laundry Room
  • Landscaped

About This Home

As of May 2019

This beautiful 4-plex is one of a kind and a great investment! Each unit is very spacious and updated with central air and heat, newer flooring, ceiling fans, and canned lighting. The exterior is freshly painted, the roof is newer, and there are dual pane windows throughout. A unique detail about this property is that each unit has a 2 car garage, and separate laundry which really sets this place apart from the other investment properties nearby. The property has been very well maintained from the inside, to the outside, to the landscaping. This is a great investment and will sell quickly!

Last Agent to Sell the Property

Tom Schick

Realty Source, Inc License #01457767 Listed on: 04/19/2019

Last Buyer's Agent

David Berneman

David Berneman License #01912734

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 72x158x64x120
  • 1 Common Wall
  • Landscaped
  • Lawn
  • Front Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,388 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Storage

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 5
  • Tax Tract Number 304
  • Assessor Parcel Number 7106017021

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $360
  • Insurance Expense $982
  • Trash Expense $1,584
  • Water Sewer Expense $1,257
  • New Taxes Expense $5,841
  • Operating Expense $11,224
  • Gross Income $73,157
  • Net Operating Income $73,157

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1257.00
  • Zoning: BFR3*
  • Property Type: Residential Income
  • Parcel Number: 7106017021
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 289.65
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage Faces Side, Garage Door Opener
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1584.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn
  • Lot Size: 72x158x64x120
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 73157.00
  • Gross Scheduled Income: 78540.00
  • Insurance Expense: 982.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 73157.00
  • Number Of Rented Garages: 8
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 5383.00
  • Rent Control: No
  • Total Expenses: 11224.00

Tax Info

  • New Taxes Expense: 5841.00
  • Tax Census Tract: 5542.04
  • Tax Lot: 5
  • Tax Tract Number: 304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 3, 2019
Sold by
Serrano Felipe
Bought by
Casa Llc
Seller's Agent
Tom Schick
Realty Source, Inc
Buyer's Agent
David Berneman
David Berneman
List Price
$1,299,000
Sold Price
$1,271,000
Premium/Discount to List
-$28,000
-2.16%
Current Estimated Value
$1,691,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,405
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
May 6, 2010
Sold by
Serrano Felipe and Serrano Donna A
Bought by
Serrano Felipe

Purchase Details

Closed on
Jul 1, 1997
Sold by
Serrano David
Bought by
Serrano Felipe

Purchase Details

Closed on
Jan 9, 1996
Sold by
Roe Clinton H
Bought by
Serrano David and Serrano Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,674
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Casa Llc $1,271,000 Ticor Title Company
Serrano Felipe -- None Available
Serrano Felipe -- --
Serrano David $309,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano David $289,674
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $1,271,000 -2.2% $290 / Sq Ft
04/19/2019 04/19/19 For Sale $1,299,000 -- $296 / 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 $16,972 $1,417,820 $638,074 $779,746
2024 $16,972 $1,390,020 $625,563 $764,457
2023 $16,285 $1,362,766 $613,298 $749,468
2022 $15,997 $1,336,046 $601,273 $734,773
2021 $15,663 $1,309,850 $589,484 $720,366
2019 $6,184 $445,049 $161,396 $283,653
2018 $5,898 $436,324 $158,232 $278,092
2016 $5,630 $419,384 $152,089 $267,295
2015 $5,518 $413,085 $149,805 $263,280
2014 $5,464 $404,994 $146,871 $258,123
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: OC19089535

California Regional Multiple Listing Service (CRMLS)

APN: 7106-017-021