16415 Cornuta Ave, Bellflower, CA 90706
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16415 Cornuta Ave Bellflower, CA 90706

$890,000 Sold Price as of 04/19/2024
  • 4 Beds
  • 2 Baths
  • 1,530 Sq.Ft.
Sold
$890,000 Sold Price as of 04/19/2024 Refinance Your Mortgage

Map preview of 16415 Cornuta Ave, Bellflower, CA 90706

Property Overview: 16415 Cornuta Ave Bellflower, CA has 4 bedrooms, 2 bathrooms, 1,530 living square feet and 7,819 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ATTENTION INVESTORS! AMAZING INVESTMENT OPPORTUNITY! 4 Total Units once built out. Current house and ADU are each 2 bed 1 bath. Rents are $2100 each unit. Full set of approved plans from The City of Bellflower to build 2 more new units (Duplex) in the back of the property to make it a total of 4 units. The existing pool will need to be removed. The 2 new units will be 1237 sq-ft unit on the first floor with a one car garage ( 3 bedroom, 2 bathroom.) Plus a 971 sq-ft unit on the second floor with a 365 sq-ft terrace ( 2 bedroom, 2 bathroom.) Once fully built out, the 4 units will be over 3700 sq ft. Build the 2 new units while you can continue collecting rents from the front units. It will be sold permit ready. The new owner will have to pay for the permit fees at the time of issuance. Come see for yourself why this investment property is one of the best values available in todays market.

Listed by Gene Valencia | BRE #02052874 | Keller Williams Pacific Estate
Last checked: 15 minutes ago | Last updated: April 20th, 2024 | Source CRMLS | DOM: 209

Home details

Lot Sq. Ft
7,819
HOA Dues
$0/mo
Year built
1943
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW23163395
City
Bellflower
County
Los Angeles
Time on Site
235 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $50,400
  • Total Rent: $50,400
  • Pro Forma/Market Rent: $55,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $42,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,400
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 16415 Cornuta Ave

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room, Gas, Wood Burning
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator, Water Heater
Interior Features
  • Storage
  • Levels: One
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7109003029
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: South of Alondra
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights, Suburban
View more facts & features

Local Bellflower Agent

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Sale History for 16415 Cornuta Ave

Last sold for $890,000 on April 19th, 2024
  • April, 2024

  • Apr 19, 2024

    Date

    Sold

    CRMLS: PW23163395

    $890,000

    Price

  • Sep 5, 2023

    Date

    Active

    CRMLS: PW23163395

    $950,000

    Price

  • December, 2021

  • Dec 16, 2021

    Date

    Pending

    CRMLS: PW21258334

    $650,000

    Price

  • Dec 2, 2021

    Date

    Active

    CRMLS: PW21258334

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing investment opportunity on a large R3 zoned 7819 square foot lot in Bellflower. Endless possibilities. Pool, granite counters, copper piping and large gas/wood burning fireplace.

  • July, 2017

  • Jul 21, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 16415 Cornuta Ave

Assessed Value (2020): $209,103
Year Land Value Improved Value Assessed Value
2020 $120,948 $88,155 $209,103

Home Value Compared to the Market

This property vs the competition

16415 Cornuta Ave sold on April 19, 2024 for 23.61% higher than the current median sold price for the city of Bellflower which is $720,000. The median sold price per/sqft for Bellflower is $552 and this home is sold at $581.7 per/sqft which puts the price per square foot 5.38% higher than the current median sale per square foot for the city of Bellflower.

About 16415 Cornuta Ave

Detailed summary of property

16415 Cornuta Ave is a single family home that recently sold in Bellflower, CA 90706. This house offered 4 bedrooms, 2 bathrooms, roughly 1,530 living square feet, and sits on an approximately 7,819 square foot lot. 16415 Cornuta Ave was first listed on ArdentRealEstateGroup.com on September 6, 2023. The homeowner sold the property for $890,000. Home in Bellflower are selling for a median price of $720,000 and a median price per square foot of $552. Based on Ardent Real Estate Group's Bellflower Market Data, this home is sold 23.61% higher than the current median priced home. Local homes that are currently for sale include 5736 Cardale St, 5623 Whitewood Ave and 5242 Adenmoor Ave. While the average home in Bellflower, CA is selling in 55 days, 16415 Cornuta Ave has a days on market of 209 days. There are currently 36 homes for sale in the Bellflower real estate market and 28 of them are single family homes while 6 of them are condos and 2 are townhomes. For more information on this home for sale at 16415 Cornuta Ave Bellflower, CA 90706 contact Ardent Real Estate Group and we will put you in touch with one of our Bellflower agents.

Public Facts for 16415 Cornuta Ave

Public county record property details
Beds
3
Baths
2
Year built
1943
Sq. Ft.
1,353
Lot Size
7,819
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
121
APN
7109-003-029

The source for these homes facts are from public records.

90706 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$504
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$552
Total Inventory
35
Median Sale to List Price %
104.35%
Avg Days on Market
19
Loan Type
Conventional (66.67%), FHA (13.33%), VA (13.33%), Cash (0%), Other (0%)

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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.