NOT LISTED FOR SALE

9954 Ramona St Bellflower, CA 90706

15 Beds
10 Baths
12,228 Sq Ft
0.45 Acres

Last Sold August 26, 2013

Last sale price $1,985,000 $162 Per Sq Ft

9 Days on Market

Highlights

  • 0.45 Acre Lot
  • Paved or Partially Paved Lot
  • Wood Siding
  • Spanish Architecture

About This Home

As of August 2013

The investment opportunity located in the Bellflower, California at 9954 Ramona Street. Built in 1963, the property conveniently sits off Bellflower Boulevard, just minutes from the 91 and 605 Freeways.

The subject property was built on a slab foundation encompassing approximately 12,228 rentable square feet. The 16-unit
property offers a balanced mix of eight two-bedroom/one-bath units, and eight one-bedroom/one-bath units. Some property
highlights include gated access, on-site laundry, 22 open parking spaces, and separate meters for gas and electricity.

The two-story building is in good condition and was constructed using wood framing and stucco surrounding the exterior.
Only a few areas are in need of some minor repairs.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 06/18/2013

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 06/18/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.45 Acre Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 12,228 Sq Ft Home
  • Spanish Architecture
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Parking

  • 22 Parking Spaces
  • Parking Available
  • Uncovered Parking

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 478
  • Tax Tract Number 478
  • Assessor Parcel Number 7161014003

Community Details

Overview

  • 16 Units

Building Details

  • 22 Separate Electric Meters
  • 22 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $841
  • Insurance Expense $1,056
  • Maintenance Expense $14,757
  • Other Expense $4,000
  • Pest Control $516
  • Professional Management Expense $7,442
  • Trash Expense $1,750
  • Water Sewer Expense $2,077
  • New Taxes Expense $24,630
  • Gross Income $16,105
  • Net Operating Income $117,263

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Professional Management Expense: 7442.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2077.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7161014003
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 162.33

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 22.00

Utilities

  • Utilities: Electricity Available
  • Pest Control Expense: 516.00
  • Sewer: Unknown
  • Trash Expense: 1750.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 19794.00
  • Lot Size Acres: 0.4540

Multi Family

  • Electric Expense: 841.00
  • Gross Income: 16105.00
  • Gross Scheduled Income: 193260.00
  • Insurance Expense: 1056.00
  • Lot Size Area: 19794.0000 Square Feet
  • Maintenance Expense: 14757.00
  • Net Operating Income: 117263.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 66334.00
  • Other Expense: 4000.00
  • Other Expense Description: Misc/Res
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 24630.00
  • Tax Lot: 478
  • Tax Tract Number: 478
  • Tax Year: 2012

Range of Values:

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Value Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2013 08/26/13 Sold $1,985,000 -3.2% $162 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $2,050,000 -- $168 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1231

    1 in this area

    88 Total Sales

    Steve Bogoyevac
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13116311

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Bellflower 90706

9954 Ramona St, Bellflower, CA

Not Listed for Sale

MultiFamily

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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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