2040 N Bellflower Blvd, Long Beach, CA 90815
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2040 N Bellflower Blvd Long Beach, CA 90815

$1,525,000 Sold Price as of 12/20/2019
  • 8 Beds
  • 8 Baths
  • 4,934 Sq.Ft.
Sold
$1,525,000 Sold Price as of 12/20/2019 Refinance Your Mortgage

Map preview of 2040 N Bellflower Blvd, Long Beach, CA 90815

Property Overview: 2040 N Bellflower Blvd Long Beach, CA has 8 bedrooms, 8 bathrooms, 4,934 living square feet and 7,373 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, Location, Location! 2040 N Bellflower Blvd. is a very well maintained, family built and owned 4 unit apartment building with true pride of ownership. Each of the units is a large (approx. 1300sq ft) 2 bedroom, 2 bath with tons of storage. Units 1 and 2 have new flooring. There is a 4 car garage as well as an extra single garage, and ample street parking. All units have separate electric meters. Tenants also benefit from the on-site laundry facility. There is quite a bit of potential for future rent increases. Only minutes from Cal State Long Beach, walking distance to shopping and restaurants, and a short drive to the beach. Don’t miss this incredible investment opportunity in Los Altos! Drive by only. Do not disturb tenants or walk property as they are not yet aware of the sale.

Listed by Sarah Vogel | BRE #01932433 | Realty One Group Diamond
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,373
HOA Dues
$0/mo
Year built
1972
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19271118
City
Long Beach
County
Los Angeles
Time on Site
1382 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,340
  • Total Rent: $1,340
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $83,880
  • Net Operating Income: $56,534
  • Gross Operating Income: --
  • Laundry Income: $900
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $28,246
  • Electric: $610
  • Gas/Fuel: $0
  • New Taxes: $19,375
  • Trash: $600
  • Gardener: $2,100
  • Insurance: $1,621
  • Maintenance: $2,500
  • Water/Sewer: $1,540

Property Details for 2040 N Bellflower Blvd

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7225008001
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Los Altos/South of Fwy (LSF)
  • Directions: East side of Bellflower-South of Stearns, North of Atherton.
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

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Sale History for 2040 N Bellflower Blvd

Last sold for $1,525,000 on December 20th, 2019
  • December, 2019

  • Dec 24, 2019

    Date

    Sold

    CRMLS: PW19271118

    $1,525,000

    Price

  • Nov 30, 2019

    Date

    Pending

    CRMLS: PW19271118

    $1,550,000

    Price

  • Nov 26, 2019

    Date

    Active

    CRMLS: PW19271118

    $1,550,000

    Price

  • December, 2019

  • Dec 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,525,000

    Price

Show More

Tax History for 2040 N Bellflower Blvd

Assessed Value (2020): $1,525,400
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $525,400 $1,525,400

Home Value Compared to the Market

This property vs the competition

2040 N Bellflower Blvd sold on December 20, 2019 for 93.75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $314.15 per/sqft which puts the price per square foot 50.29% lower than the current median sale per square foot for the city of Long Beach.

About 2040 N Bellflower Blvd

Detailed summary of property

2040 N Bellflower Blvd is a multi family that recently sold in Long Beach, CA 90815. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 4,934 living square feet, and sits on an approximately 7,373 square foot lot. 2040 N Bellflower Blvd was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,525,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 93.75% higher than the current median priced home. Local homes that are currently for sale include 1615 Cherry Ave, 1408 Rose Ave and 7020 Schroll St. While the average home in Long Beach, CA is selling in 54 days, 2040 N Bellflower Blvd has a days on market of 4 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 2040 N Bellflower Blvd Long Beach, CA 90815 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2040 N Bellflower Blvd

Public county record property details
Beds
8
Baths
8
Year built
1972
Sq. Ft.
4,934
Lot Size
7,372
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
7225-008-001

The source for these homes facts are from public records.

90815 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,050,000
Median List Price/Sq.Ft.
$675
Median Sold Price
$985,000
Median Sold Price/Sq.Ft.
$716
Total Inventory
50
Median Sale to List Price %
109.44%
Avg Days on Market
19
Loan Type
Conventional (54.17%), FHA (0%), VA (4.17%), Cash (25%), Other (12.5%)

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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.