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12024 Bellflower Blvd, Downey, CA 90242
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12024 Bellflower Blvd Downey, CA 90242

$6,300,000
  • 23 Beds
  • 16 Baths
  • 13,316 Sq.Ft.
For Sale
$6,300,000 Get Pre-Qualified
Map preview of 12024 Bellflower Blvd, Downey, CA 90242

Property Overview: 12024 Bellflower Blvd Downey, CA has 23 bedrooms, 16 bathrooms, 13,316 living square feet and 21,242 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: La Villa Hermosa features a gated private 15 Units building with 8= 1bd 1bth 6= 2bd 1bth 1= 3bth 2bth All units are spacious, the property has it's own Community Laundry area and storage room, NEW ROOF, NEW DUAL PANEL WINDOWS, AS OF MAY 2024 MORE INCOME!! 3 units are upgraded with laminated wood floors new kitchen cabinets and paint, there are a total of 26 total parking spaces of which 4 garages and 2 parking spaces are bringing additional monthly income. This Building is located walking distance to Stonewood Mall, Downey landing, Promenade, Kaiser Permanente, Cinemark and lots of surrounding restaurants to choose from, for the convenience of the tenants there is also easy access to the surrounding Fwy's.

Listed by Maria Menjivar | BRE #01761847 | 4U Realty
Last checked: 11 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 86
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Home details

Lot Sq. Ft
21,242
HOA Dues
$0/mo
Year built
1973
Garage
4 Car
Property Type:
Mixed Use
Status
Active
MLS#
DW24026841
City
Downey
County
Los Angeles
Time on Site
85 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $13,773
  • Total Rent: $165,276
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,735
  • Total Rent: $176,820
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,050
  • Total Rent: $36,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $386,976
  • Net Operating Income: $372,176
  • Gross Operating Income: $386,976
  • # of Rented Garages: 4
  • Garage Rental Rate: $95
  • Garage Rental Income: $5,880
  • Laundry Income: $2,400
  • Laundry Own/Lease: Lease
  • Other Income 1: $1,320
  • Other Income Description: 2 parking spaces $55 each
Annual Expense Breakdown
  • Total Operating Expense: $14,800
  • Electric: $1,500
  • Gas/Fuel: $0
  • Trash: $2,800
  • Insurance: $8,000
  • Professional Management: $0
  • Water/Sewer: $2,500

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Property Details for 12024 Bellflower Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 26
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 15
  • Parcel Number: 6284022005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Bellflower Blvd S Stewart and Gray Rd
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Downey Agent

Sale History for 12024 Bellflower Blvd

Last sold for $4,400,000 on December 20th, 2019

  • February, 2024

  • Feb 6, 2024

    Date

    Active

    CRMLS: DW24026841

    $6,300,000

    Price

  • September, 2022

  • Sep 16, 2022

    Date

    Expired

    CRMLS: DW22067155

    $6,150,000

    Price

  • Apr 4, 2022

    Date

    Active

    CRMLS: DW22067155

    $6,350,000

    Price

  • Listing provided courtesy of CRMLS

    One of A Kind Building featuring 15 Units 8=1bd 1bth 6=2bd 1bth 1=3bd 2bth All Huge bedrooms, community laundry area, storage room, new dual panel windows, 3 units upgraded with laminated wood flooring new kitchen cabinet and paint. Walking distance to restaurants, theaters and gyms. Just minutes away to fwy's and much much more!

  • August, 2021

  • Aug 10, 2021

    Date

    Expired

    CRMLS: DW21073944

    $5,375,000

    Price

  • Apr 9, 2021

    Date

    Active

    CRMLS: DW21073944

    $5,375,000

    Price

  • Listing provided courtesy of CRMLS

    This One of a Kind Building features 15 units all Huge size 8= 1 bedroom 1 bath 6= 2 bedrooms 1 bath and 1= 3 bedroom 2 bath, community laundry area, storage area, 3 units have been upgraded with laminated wood flooring, new kitchen cabinet, paint, Walking distance to restaurants, theaters, gyms, just minutes to fwy's and much much more!

  • December, 2019

  • Dec 20, 2019

    Date

    Sold

    CRMLS: OC19174969

    $4,400,000

    Price

  • Sep 3, 2019

    Date

    Pending

    CRMLS: OC19174969

    $4,650,000

    Price

  • Aug 26, 2019

    Date

    Active Under Contract

    CRMLS: OC19174969

    $4,650,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: OC19174969

    $4,650,000

    Price

  • Listing provided courtesy of CRMLS

    La Villa Hermosa is a 15-unit multifamily investment property located at 12024 Bellflower Boulevard, Downey, CA. Situated on a 0.49-acre lot, La Villa Hermosa consists of one-, two-, and three-bedroom units and offers amenities including gated access, carport and open parking, a charming courtyard, security doors (some units), and on-site laundry.

  • December, 2019

  • Dec 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,400,000

    Price

  • May, 2017

  • May 17, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12024 Bellflower Blvd

Assessed Value (2020): $4,400,550
Year Land Value Improved Value Assessed Value
2020 $1,800,000 $2,600,550 $4,400,550

Home Value Compared to the Market

This property vs the competition

12024 Bellflower Blvd is listed 620% higher than the median list price for the city of Downey which has a median list price of $875,000. The median price per/sqft for Downey is $539 and this home is listed at $473.12 per/sqft which puts the price per square foot 12.22% lower than the median price per square foot for the city of Downey.

About 12024 Bellflower Blvd

Detailed summary of property

12024 Bellflower Blvd is a mixed use located in Downey, CA 90242 and is currently for sale. This mixed use property offers 23 bedrooms, 16 bathrooms, roughly 13,316 living square feet, and sits on an approximately 21,242 square foot lot. 12024 Bellflower Blvd was first listed on ArdentRealEstateGroup.com on February 7, 2024. The homeowner is currently asking $6,300,000. The median priced home in Downey is $875,000 with a median price per square foot of $539. Based on Ardent Real Estate Group's Downey Market Data, this home is listed 620% higher than the median priced home. Local competing homes currently for sale include 2658 Santa Ana Ave, 8 Telescope and 2326 Glen Helen Rd. While the average home in Downey, CA is selling in 50 days, 12024 Bellflower Blvd has a days on market of 86 days. There are currently 85 homes for sale in the Downey real estate market and 73 of them are single family homes while 6 of them are condos and 6 are townhomes. For more information on this home for sale at 12024 Bellflower Blvd Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 12024 Bellflower Blvd

Public county record property details
Beds
--
Baths
--
Year built
1973
Sq. Ft.
13,316
Lot Size
21,236
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
6284-022-005

The source for these homes facts are from public records.

90242 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$568
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$501
Total Inventory
23
Median Sale to List Price %
98.82%
Avg Days on Market
21
Loan Type
Conventional (37.5%), FHA (37.5%), VA (0%), Cash (12.5%), Other (12.5%)

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Downey Agent
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(714) 706-1823
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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