S
Seller's Agent in 2021
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1231
1 in this area
88 Total Sales
9840 Ramona St Bellflower, CA 90706
2
Beds
1
Bath
4,442
Sq Ft
0.31
Acres
Highlights
- 0.31 Acre Lot
- Laundry Room
- Rectangular Lot
About This Home
As of March 2021This value-add opportunity offers an investor the chance to acquire an asset with all two-bedroom units in a solid location near popular shopping destinations, freeways, and a college and capture 26 percent potential upside in rents.
The property is a 1939 construction on a large 0.31-acre lot with five two-bedroom/one-bath single-family homes and ample carport and surface parking. The units offer spacious floorplans, laundry hookups, and separate gas and electric meters.
9840 Ramona Street is located near the intersection of Artesia Boulevard and Bellflower Boulevard, just south of the 91 Freeway and conveniently near the 605 Freeway. The property is just a six-minute drive from both the majorly popular Los Cerritos Center, a regional shopping destination, and Cerritos College. Downtown Bellflower is just a three-minute drive north on Bellflower Boulevard, and the city of Bellflower is incentivizing and planning for major development of the area in anticipation of the new $6.6 Billion Metro line that will run from Artesia to Downtown Los Angeles with a station at Bellflower Boulevard and Pacific Avenue. One of these developments is the recently opened SteelCraft Development, a food court and brewery concept built from repurposed shipping containers. A mixed-use development with 91 condos, retail space, and a boutique movie theater is also planned for the area.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 02/03/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 0.31 Acre Lot
- No Common Walls
- Rectangular Lot
Home Design
- 4,442 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- 5 Parking Spaces
- 5 Carport Spaces
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 484
- Assessor Parcel Number 7161013011
Community Details
Overview
- 3 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Operating Expense $31,616
- Net Operating Income $53,065
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 |
|---|---|---|---|---|
| 03/09/2021 03/09/21 | Sold | $1,300,000 | -7.1% | $293 / Sq Ft |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- |
| 02/03/2021 02/03/21 | For Sale | $1,400,000 | -- | $315 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Steve Bogoyevac
-
David O'Keefe
D
Seller Co-Listing Agent in 2021
David O'Keefe
Marcus & Millichap
(562) 257-1200
1 in this area
47 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21023323
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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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