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PENDING

9713 Cedar Street, Bellflower, CA 90706$2,300,000

11
beds
6
baths
5334
ft2
· 19063
ft2 lot
$431 / ft2

Listing provided courtesy of Fatin Elmor, APM Property Management
Source CRMLS;
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An amazing opportunity for investors, 6 units Boogaloo style with four structures two of which are 2 bedroom-1 bathroom, front house is 2 bedroom-1 bathroom and the four structure is a 1 bedroom-1 bathroom two separate garages and a laundry room. The lot size is approximately 19063 Sq Ft and BFR3 zoned. Potential development, the nearby properties with the same zoning and lot size have 12 units (buyer to verify all information). There are many new large developments nearby, and the Capitalization rate is above similer properties for sale in the area. Priced to sell motivated seller.

HOA

$0/month

On market

3 months

Year built

1962

Property type

Multi-Family

Parking

11

MLS

PW21233195

Price / Sq.Ft.

$431 / ft2

Status

Pending

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Home details for 9713 Cedar Street

Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 5334.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 2.00
•   
Uncovered Spaces: 8.00
•   
Carport Spaces: 1.00
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Public Records
Lot Info
•   
Lot Features: Front Yard, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear
•   
Lot Size Source: Public Records
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.4376
•   
Lot Size Area: 19063.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 4
•   
Total Units: 6
Property Features
•   
Common Walls: 1 Common Wall, No One Above, No One Below
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 6
•   
Number Of Separate Gas Meters: 6
•   
Number Of Separate Water Meters: 6
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Garage Rental Rate: 30.00
•   
Water Sewer Expense: 2400.00
•   
Laundry Income: 225.00
•   
Licenses Expense: 80.00
•   
Cap Rate: 4.62
•   
Laundry Equipment Own Lease: Lease
•   
Fuel Expense: 360.00
•   
Trash Expense: 2400.00
•   
New Taxes Expense: 28750.00
•   
Insurance Expense: 1600.00
•   
Professional Management Expense: 0.00
•   
Total Expenses: 37790.00
•   
Gross Scheduled Income: 143325.00
•   
Operating Expense: 37790.00
•   
Gardener Expense: 1200.00
•   
Gross Multiplier: 16.04
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 106145.00
•   
Tax Year: 2021
•   
Taxes: 17026.3
Lease Info
•   
Net Operating Income: 105535.00
Listing Info
•   
Status: Pending
Other
•   
Electric Expense: 1000.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1985.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1985.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1945.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 1945.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1645.00
•   
Unit 1 Total Rent: 1645.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1990.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1990.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 0.00
•   
Unit 4 Bedrooms: 2
Unit 5 Information
•   
Unit 5 Actual Rent: 1995.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1995.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 6
•   
Price Per Unit: 383333
Unit 6 Information
•   
Unit 6 Actual Rent: 2365.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 2365.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 2
•   
Unit 6 Garage Spaces: 0.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Urban
School Info
•   
Directions: West of Bellflower Blvd North of Cedar St.
Other
Calculation
•   
Dom: 68
•   
Cdom: 68

Neighborhood snapshot

30
Properties for sale
8
Median days on market
$459.41
Median sold price/sqft
102.51%
Sold/List %
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Property History for 9713 Cedar Street

12/28/2021
12/28/2021
CRMLS #PW21233195
pending
CRMLS #PW21233195
$2,300,000
10/21/2021
10/21/2021
CRMLS #PW21233195
active
CRMLS #PW21233195
$2,300,000
+111.98%
12/29/2006
12/29/2006
Public Record
sold
Public Record
$1,085,000
+185.53%
04/14/2000
04/14/2000
Public Record
sold
Public Record
$380,000
+11.11%
07/28/1999
07/28/1999
Public Record
sold
Public Record
$342,000

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