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9816 Park St, Bellflower, CA, 90706

$2,315,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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9816 Park St, Bellflower$2,315,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Site
Garage5 spaces
Year Built1972
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #DW24247519
Lot Size0.23 Acres
StatusActive

About 9816 Park St

Discover this exceptional investment opportunity in Bellflower! This well-maintained 9-unit apartment complex, built in 1972, offers a mix of 1 and 2 bedroom units. With 6,466 sq ft of living space on a 10,083 sq ft lot, this property boasts a strong current NOI of $123,482 with potential for increased returns. Recent upgrades include a new roof (2007), full copper repipe (2011), and a new 100-gallon water heater (2022). Conveniently located near major highways and shopping centers, this turnkey property features on-site laundry and 11 parking spaces. With a 100% occupancy rate and a favorable cap rate of 5.33%, this is an ideal addition to any investment portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2

Listing Office:

  • Office Name: eXp Realty of California Inc.
  • Office Phone: (562) 888-0488
  • Listing Agent: Martin Marquez

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 5 spaces
  • Parking: On Site

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: on park street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,315,000

Tax Information:

  • Annual Amount: $17,637
  • Tax Year: 2021
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Housing Market Comparison

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

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Bellflower, CA

City

Med. Sold Price

$770K

Med. Price/SqFt

$513

Avg. Days On Market

23

# of Sold Homes

22

9816 Park St vs Bellflower

6 DAYS ON ROCKET

-17 Days

$2,315,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M 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: #DW24247519

Listing Office:

  • Office Name: eXp Realty of California Inc.
  • Office Phone: (562) 888-0488
  • Listing Agent: Martin Marquez

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: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2009Home Sold
$1,150,000
Feb 17, 1989Home Sold
$595,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,637$1,369,188
2020$17,197$1,354,111
2019$16,713$1,327,561
2018$16,350$1,301,532
2017$16,350$1,276,013

History based on county public records data.

Payment Calculator

$11.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,007

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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-4394166
7
/10

  • Thomas Jefferson Elementary

  • 10027 Rose St

  • 0.61 miles

  • Public District Grades KG-6

school-card-donut-4394167
4
/10

  • Ramona Elementary

  • 9351 Laurel St

  • 0.70 miles

  • Public District Grades KG-6

school-card-donut-4394168
4
/10

  • Craig Williams Elementary

  • 6144 Clark Ave

  • 0.94 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,872. Most Bellflower, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9816 Park St

What is the listing price of this property?

The listing price of 9816 Park St property is $2,315,000.

What type of property is this?

The property 9816 Park St is a condo located in Bellflower, California, 90706.

Is this property for sale now?

Active Listing: 9816 Park 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 $17,637 (source: MLS/based on county public records data).

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

The last sale was on January 7, 2009 for $1,150,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 9816 Park St is 1972.

Rocket Homes›California›Los Angeles County›Bellflower›90706›9816 Park St

This home is located at 9816 Park St in Bellflower, CA and zip code 90706 in the The Southeast neighborhood. This home, which was built in 1972, sits on a 0.23 acre lot. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $2,315,000.

While more than 14 listings in Bellflower, CA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Bellflower, CA between October 2024 and November 2024 decreased by 2.5%. In November 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $770,000.

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

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