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8560 Cedar St, Bellflower, CA 90706
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8560 Cedar St Bellflower, CA 90706

$1,650,000 Sold Price as of 10/24/2023
  • 8 Beds
  • 4 Baths
  • 3,758 Sq.Ft.
Sold
$1,650,000 Sold Price as of 10/24/2023 Refinance Your Mortgage
Map preview of 8560 Cedar St, Bellflower, CA 90706

Property Overview: 8560 Cedar St Bellflower, CA has 8 bedrooms, 4 bathrooms, 3,758 living square feet and 20,559 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: These FOUR detached homes each have 2 bedrooms, 1 bath, and sit on a large 20,559 square foot lot. Each house has a large gated backyard. All four houses have renovated exteriors. One house has a new roof. Two homes have new windows. All homes have had complete exterior paint work on all surfaces. A turf replacement has just been completed and the property has all new low maintenance and water landscape. Each home has individual laundry hook ups and attached garages with 3 additional driveway parking spots. Each home has separate gas and electric meters. The property only has one water meter. Property is a Trust sale and to be sold “as is” in its currant present condition. Close to the Airport, 91/5/405/105/710 freeways, and shopping. Huge future development potential!! The lot has entitlement/zoning for 10 units.

Listed by Cindy Kelly | BRE #01922890 | Luxre Realty, Inc.
Co-listed by David Koffs | BRE #01358819 | Luxre Realty, Inc.
Last checked: 5 minutes ago | Last updated: October 24th, 2023 | Source CRMLS | DOM: 74

Home details

Lot Sq. Ft
20,559
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23026526
City
Bellflower
County
Los Angeles
Time on Site
433 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,540
  • Total Rent: $1,540
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,540
  • Total Rent: $1,540
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,540
  • Total Rent: $1,540
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $101,580
  • Net Operating Income: $94,825
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,755
  • Trash: $1,335
  • Gardener: $1,200
  • Insurance: $2,300
  • Water/Sewer: $1,920

Property Details for 8560 Cedar St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • New Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Driveway - Combination, Garage Faces Front
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7162021041
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Going north take 91 West and exit Downey Ave. Close to the 91/405/605/5 Freeways
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Bellflower Agent

Sale History for 8560 Cedar St

Last sold for $1,650,000 on October 24th, 2023

  • October, 2023

  • Oct 24, 2023

    Date

    Sold

    CRMLS: OC23026526

    $1,650,000

    Price

  • Feb 16, 2023

    Date

    Active

    CRMLS: OC23026526

    $1,800,000

    Price

Tax History for 8560 Cedar St

Assessed Value (2020): $114,727
Year Land Value Improved Value Assessed Value
2020 $42,565 $72,162 $114,727

Home Value Compared to the Market

This property vs the competition

8560 Cedar St sold on October 24, 2023 for 136.11% 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 $452.37 per/sqft which puts the price per square foot 18.05% lower than the current median sale per square foot for the city of Bellflower.

About 8560 Cedar St

Detailed summary of property

8560 Cedar St is a fourplex that recently sold in Bellflower, CA 90706. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,758 living square feet, and sits on an approximately 20,559 square foot lot. 8560 Cedar St was first listed on ArdentRealEstateGroup.com on February 16, 2023. The homeowner sold the property for $1,650,000. 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 136.11% higher than the current median priced home. Local homes that are currently for sale include 1717 Temple Ave, 3239 E Wilton St and 1967 Atlantic Ave. While the average home in Bellflower, CA is selling in 55 days, 8560 Cedar St has a days on market of 74 days. There are currently 35 homes for sale in the Bellflower real estate market and 26 of them are single family homes while 5 of them are condos and 4 are townhomes. For more information on this home for sale at 8560 Cedar St Bellflower, CA 90706 contact Ardent Real Estate Group and we will put you in touch with one of our Bellflower agents.

Public Facts for 8560 Cedar St

Public county record property details
Beds
8
Baths
4
Year built
1961
Sq. Ft.
3,758
Lot Size
20,558
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
7162-021-041

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
$765,000
Median List Price/Sq.Ft.
$504
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$552
Total Inventory
34
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%)

Thinking of Selling?

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Thinking of Selling?
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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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