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9816 Park St, Bellflower, CA 90706
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9816 Park St Bellflower, CA 90706

$2,375,550
  • 13 Beds
  • 9.5 Baths
  • 6,466 Sq.Ft.
For Sale
$2,375,550 Get Pre-Qualified
Map preview of 9816 Park St, Bellflower, CA 90706

Property Overview: 9816 Park St Bellflower, CA has 13 bedrooms, 9.5 bathrooms, 6,466 living square feet and 10,085 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: Ideally located only two lots off of the vibrant downtown of Bellflower Blvd. in Bellflower, California, this multifamily property offers an enticing investment opportunity, close walking proximity to dining and shopping, as well as convenient freeway access to the 91 and 605 freeways. The complex features nine units, including four 2-bedroom/1-bath, one 1-bedroom/1.5-bath, and four 1-bedroom/1-bath apartments, all supported by 14 gated parking spaces. Currently generating $13,215 in monthly income, with the potential to achieve approximately an income upside of $4,000 with modest rent adjustments,. All tenants are on a month-to-month lease, providing flexibility in management. Major updates include a new roof installed in 2007, a comprehensive copper re-pipe in 2011 with a 50-year warranty, a new 100-gallon water heater in 2022, and new windows in the majority of the units. Reach out for this opportunity today.

Listed by Martin Marquez | BRE #02012061 | eXp Realty of California Inc.
Last checked: 14 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
10,085
HOA Dues
$0/mo
Year built
1972
Garage
--
Property Type:
Apartment
Status
Active
MLS#
DW24075638
City
Bellflower
County
Los Angeles
Time on Site
62 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Leased Units: 9
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,630
  • Total Rent: $1,630
  • Pro Forma/Market Rent: $2,052
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,270
  • Total Rent: $1,270
  • Pro Forma/Market Rent: $1,802
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,802
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,052
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,802
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,570
  • Total Rent: $1,570
  • Pro Forma/Market Rent: $2,052
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,145
  • Total Rent: $1,145
  • Pro Forma/Market Rent: $1,802
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $2,052
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $158,580
  • Net Operating Income: $103,116
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $55,464
  • New Taxes: $34,340
  • Trash: $5,133
  • Insurance: $2,411
  • Professional Management: $8,000
  • Water/Sewer: $1,826
  • Other Expense Description: 4 yr Avg

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Property Details for 9816 Park St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen, Living Room
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Automatic Gate
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Auto Driveway Gate, Paved, Gated, On Site
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 9
  • Parcel Number: 7109026018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
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: Park st & Bellflower blvd
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Bellflower Agent

Sale History for 9816 Park St

Last sold for $1,150,000 on January 7th, 2009

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: DW24075638

    $2,499,999

    Price

  • January, 2009

  • Jan 7, 2009

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

Show More

Tax History for 9816 Park St

Assessed Value (2020): $1,355,161
Year Land Value Improved Value Assessed Value
2020 $294,369 $1,060,792 $1,355,161

Home Value Compared to the Market

This property vs the competition

9816 Park St is listed 210.53% higher than the median list price for the city of Bellflower which has a median list price of $765,000. The median price per/sqft for Bellflower is $500 and this home is listed at $367.39 per/sqft which puts the price per square foot 26.52% lower than the median price per square foot for the city of Bellflower.

About 9816 Park St

Detailed summary of property

9816 Park St is a apartment located in Bellflower, CA 90706 and is currently for sale. This apartment offers 13 bedrooms, 9.5 bathrooms, roughly 6,466 living square feet, and sits on an approximately 10,085 square foot lot. 9816 Park St was first listed on ArdentRealEstateGroup.com on April 17, 2024. The homeowner is currently asking $2,375,550 and was originally asking $2,499,999. The median priced home in Bellflower is $765,000 with a median price per square foot of $500. Based on Ardent Real Estate Group's Bellflower Market Data, this home is listed 210.53% higher than the median priced home. Local competing homes currently for sale include 1464 Gardenia Ave, 1148 Stanley Ave and 1141 E 16th St. While the average home in Bellflower, CA is selling in 47 days, 9816 Park St has a days on market of 51 days. There are currently 46 homes for sale in the Bellflower real estate market and 34 of them are single family homes while 9 of them are condos and 3 are townhomes. For more information on this home for sale at 9816 Park 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 9816 Park St

Public county record property details
Beds
13
Baths
10
Year built
1972
Sq. Ft.
6,466
Lot Size
10,082
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
416
APN
7109-026-018

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.
$500
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$469
Total Inventory
46
Median Sale to List Price %
101.23%
Avg Days on Market
25
Loan Type
Conventional (70%), FHA (20%), VA (0%), Cash (0%), Other (10%)

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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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