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9727 Somerset Blvd, Bellflower, CA 90706
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9727 Somerset Blvd Bellflower, CA 90706

$3,150,000 Sold Price as of 08/10/2022
  • -- Beds
  • -- Baths
  • 15,275 Sq.Ft.
Sold
$3,150,000 Sold Price as of 08/10/2022 Refinance Your Mortgage
Map preview of 9727 Somerset Blvd, Bellflower, CA 90706

Property Overview: 9727 Somerset Blvd Bellflower, CA has -- bedrooms, -- bathrooms, 15,275 living square feet and 37,358 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment commercial property on a corner lot. 100% occupied. Two parcels being sold together with a shared parking lot. The first parcel faces a main thoroughfare, Somerset Blvd, stands a building with eight commercial, retail, and office space and parking spaces at storefront of some of the units. Individual A/C units, and water heaters. The second parcel has a stand-alone building, with three warehouse/Office units. The shared parking lot was newly paved three years ago.

Listed by ROSALIA BATANERO | BRE #01048810 | VISION INVESTMENT SERVICES & A
Last checked: 10 minutes ago | Last updated: August 10th, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
37,358
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Retail
Status
Sold
MLS#
MB22088815
City
Bellflower
County
Los Angeles
Time on Site
717 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Leased Units: 12
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 9727 Somerset Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6277022038
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: from 105 fwy, exit Bellflower Blvd and go south, turn right on Somerset Blvd; corner strip with Blaine Ave.
View more facts & features

Local Bellflower Agent

Sale History for 9727 Somerset Blvd

Last sold for $3,150,000 on August 10th, 2022

  • August, 2022

  • Aug 10, 2022

    Date

    Sold

    CRMLS: MB22088815

    $3,150,000

    Price

  • May 9, 2022

    Date

    Active

    CRMLS: MB22088815

    $3,100,000

    Price

  • December, 2021

  • Dec 21, 2021

    Date

    Expired

    CRMLS: MB21245019

    $3,100,000

    Price

  • Nov 8, 2021

    Date

    Active

    CRMLS: MB21245019

    $3,100,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent Investment Property with 15,275 square feet of Rented space, 100% occupied. Two parcels being sold together. The first parcel is a retail strip (built in 1950) faces Somerset Blvd, a major thoroughfare, with 8 commercial units and 9 parking at storefront of some of the units. Each unit is equipped with A/C units and water heaters. The Second parcel has a building with 3 warehouse units (built in 1969) with gated entrance from Blaine Ave. A large parking lot newly paved and striped approximately 2 years, is shared by both buildings.

  • October, 2020

  • Oct 1, 2020

    Date

    Expired

    CRMLS: MB20055250

    $2,560,000

    Price

  • Sep 29, 2020

    Date

    Hold

    CRMLS: MB20055250

    $2,560,000

    Price

  • Jun 12, 2020

    Date

    Withdrawn

    CRMLS: MB20055250

    $2,560,000

    Price

  • Mar 14, 2020

    Date

    Active

    CRMLS: MB20055250

    $2,560,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present for sale a prime real estate investment property consisting of 2 parcels sold together with 37,358 sf on a corner lot. The first parcel has a retail strip center facing Somerset Blvd, a major thoroughfare, with 8 commercial units; all but one are occupied. All units have separate A/C units and water heaters. The second parcel has a building with 3 warehouse units, all occupied, with exit to Blaine Ave and a large parking lot, newly paved and striped, that is shared by both buildings. Building in the front was built 1950 and building in the back was built 1969. Financials will be available to verified Investors. Buyer and Broker to verify with city for the accuracy of the information.

  • June, 2018

  • Jun 21, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2003

  • May 22, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9727 Somerset Blvd

Assessed Value (2020): $1,664,640
Year Land Value Improved Value Assessed Value
2020 $1,040,400 $624,240 $1,664,640

Home Value Compared to the Market

This property vs the competition

9727 Somerset Blvd sold on August 10, 2022 for 330.56% 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 $202.95 per/sqft which puts the price per square foot 63.23% lower than the current median sale per square foot for the city of Bellflower.

About 9727 Somerset Blvd

Detailed summary of property

9727 Somerset Blvd is a retail that recently sold in Bellflower, CA 90706. This retail property offered -- bedrooms, -- bathrooms, roughly 15,275 living square feet, and sits on an approximately 37,358 square foot lot. 9727 Somerset Blvd was first listed on ArdentRealEstateGroup.com on May 3, 2022. The homeowner sold the property for $3,150,000. 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 330.56% higher than the current median priced home. While the average home in Bellflower, CA is selling in 64 days, 9727 Somerset Blvd has a days on market of 42 days. There are currently 33 homes for sale in the Bellflower real estate market and 23 of them are single family homes while 6 of them are condos and 4 are townhomes. For more information on this home for sale at 9727 Somerset Blvd Bellflower, CA 90706 contact Ardent Real Estate Group and we will put you in touch with one of our Bellflower agents.

Public Facts for 9727 Somerset Blvd

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
10,595
Lot Size
23,953
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
6277-022-038

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.
$497
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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(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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