8 months on rocket

9116 Palm St, Bellflower, CA, 90706

$3,795,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAssigned, Concrete, Gated, One Space, Uncovered
Year Built1963
HeatingNatural Gas, Wall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #OC24059675
Lot Size0.45 Acres
StatusActive

About 9116 Palm St

A wonderful opportunity to own a well maintained 16 unit apartment in Bellflower. 8 units are 2 Bedroom, 1.5 Bath, appox. 875 Sqft. and 8 units are 1 Bedroom, 1 Bath, approx. 620 Sqft. 5 units have patio, 5 units have balcony/deck, and 3 units have backyard. Laundry Room has 5 washers and 4 dryers (2 stacked units) that are owned. 1 large storage/office area, approx. 500Sqft with bathroom. Gross income is approx. $27,750 per month. Gated Complex with Remote/Code Access Car Entry. 25 Parking Spaces. Newer iron fence, Newer concrete parking lot, Newer water heater. Palm Street Park is located across the street with playgrounds for kids and numerous picnic tables. Perfect for gatherings and enjoying the outdoors. Conveniently located restaurants, banks, schools, shopping centers, parks, and more! Easy access to the 91, 605, 710 Freeways.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2

Listing Office:

  • Office Name: KW Spectrum Properties
  • Office Phone: (949) 295-7285
  • Listing Agent: Kevin Liang

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Range, Gas Water Heater, Range Hood, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Tile Counters, Unfurnished, Bedroom on Main Level, Main Level Primary
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Assigned, Concrete, Gated, One Space, Uncovered

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Heading W on 91 Freeway, Exit Clark Ave. and turn Left, Turn Right onto Palm St. Heading E on 91 Freeway, Exit Lakewood Blvd., and turn Right, Turn Left onto Artesia Blvd., Turn Right onto Virginia Ave., Turn Right onto Palm St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,795,000

Tax Information:

  • Annual Amount: $31,921
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bellflower, CA.

Med. Sold Price

$760K

Med. Price/SqFt

$509

Avg. Days On Market

25

# of Sold Homes

12

9116 Palm St vs Bellflower

242 DAYS ON ROCKET

+217 Days

$3,795,000

+$3.0M More

KEY TAKEAWAY

This property is $3.0M more than the Median Sold Price in Bellflower, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24059675

Listing Office:

  • Office Name: KW Spectrum Properties
  • Office Phone: (949) 295-7285
  • Listing Agent: Kevin Liang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 26, 2008Home Sold
$2,100,000
Jul 08, 2003Home Sold
$1,405,000
Jul 01, 2003Home Sold
$1,405,000
Dec 20, 1996Home Sold
$500,000
Oct 03, 1989Home Sold
$1,040,000
Oct 03, 1989Home Sold
$1,040,000

Tax History

YEARPROP. TAXASSESSMENT
2021$31,921$2,501,150
2020$31,122$2,472,733
2019$30,151$2,424,249
2018$29,531$2,376,716
2017$29,531$2,330,114

History based on county public records data.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-935443
4
/10
  • Ramona Elementary

  • 9351 Laurel St

  • 0.58 miles

  • Public District Grades KG-6

school-card-donut-935444
3
/10
  • Mokler Elementary School

  • 8571 Flower Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-935445
4
/10
  • Craig Williams Elementary

  • 6144 Clark Ave

  • 0.73 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,528. Most Bellflower, CA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9116 Palm St

What is the listing price of this property?

The listing price of 9116 Palm St property is $3,795,000.

What type of property is this?

The property 9116 Palm St is a condo located in Bellflower, California, 90706.

Is this property for sale now?

Active Listing: 9116 Palm St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $31,921 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 26, 2008 for $2,100,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 9116 Palm St is 1963.
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Rocket HomesCaliforniaLos Angeles CountyBellflower907069116 Palm St

This home is located at 9116 Palm St in Bellflower, CA and zip code 90706 in the The Southeast neighborhood. This home, which was built in 1963, sits on a 0.45 acre lot. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $3,795,000.

Over 10 listings were sold over their listed price in October 2024 in Bellflower, CA. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. In October 2024 in Bellflower, CA there were 16.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 25 days, the median list price was $760,000.

From Rocket Homes Real Estate and based on county public records data.

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