Property Detail - MLS#P613240

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17420 Downey Avenue
Bellflower, CA 90706

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Beds:

Baths:

SqFt:

7,952

Price:

$1,400,000

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Description

5.8% CAP effective 2/1/8 with potential 6.44% future market CAP. NO RENT CONTROL per the City of Bellflower. 8 - 2 bed/1 bath units. On site coin-op laundry room. Near bus line, food services and other amenities, Lakewood & Cerritos Malls. Immediate access to 91, 605 & 710 freeways. All Utilities are in one 'lump sum' on P&L, divided equally between electric, gas, water/sewer and trash.

Home Facts

Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Living Area: 7,952
Lot Size: --
Type: Multi-Family Home
County: LOS ANGELES
Year Built: 1964
Status: Active
Subdivision: --
Area: --

Interior Features

Sqft Source: Building Sqft: 7952, Square Foot Source: Assessor
Electric: Electric Meter: 9

Exterior Features

Construction: Construction Description: Frame & Stucco, Exterior Construction: Stucco
Garage/Parking: Paved Area , Number of Spaces: 8
Lot: Lot: 1, Lot Size Source: Assessor, Fee for Land Lease
Style: Style: Traditional
Building: Vacancy Percent: 3, Buildings: 1
Entry: Entry Locaton: Other
Location: Cross Street: Artesia, Lakewood, Paramount
Water/Sewer: Water: District/Public, Sewer: In, Connected & Paid

Community Features

Utilities: Water Meters: 1, Gas Meter: 9
Community Details: Builder Tract Name: Unknown
Multi Unit Features: Total Rent: 115200
Financial: Trash Expense: 1626, Operating Income: 81262, Water & Sewer Expense: 16296, Income Gross Multiplier: 11.81, Laundry Income: 3300, Tenant Pays Gas, Tenant Pays Electric, Gross Scheduled Income: 118500, Annual Gross Rent: 115200, Assessment: Bellflower Sou, Insurance Expense: 3173, Management Expense: 5747, Electric Exense: 1626, Price Per Sqft: 176.06, Operating Percent Expense: 29, Tax Expense: 15017, Gross Operating Income: 114945, Operating Expenses: 33683, Gross Monthly Income: 118500, Gas Expense: 1626, Pest Expense: 320, Total Expense: 33683, Annual Gross Income: 118500, Gardener Expense: 360

School Information

This Multi-Family Home located at 17420 Downey Avenue, Bellflower CA 90706 is currently for sale. 17420 Downey Avenue is in the 90706 ZIP code in Bellflower, CA. This property is listed by Kim Emery of Charles Dunn Company, Inc. for $1,400,000. 17420 Downey Avenue has 0 beds, 0 baths, approximately 7,952 square feet, and was built in 1964. Dig deeper into Bellflower CA real estate, search 90706 homes for sale or get details on the home value for 17420 Downey Avenue, Bellflower CA 90706.

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Listing information courtesy of: Charles Dunn Company, Inc.
Agent: Kim Emery

© Copyright 2008, SoCalMLS®, © Copyright 2008, CRISNet Regional MLS®.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS and/or CRISNet Regional MLS.
This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. If a listing displays "Short Sale/Subj to Lender Approval**" then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lienholders(s) plus the costs of sale could be subject to lienholder approval, which approval may be exercised at the sole and exclusive discretion of the lienholder(s).
Data last updated: 10/11/2008.

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