$670,000
●
House -
Off Market
16272 Chicago Avenue
Bellflower, CA 90706
3 Beds
3 Baths
1,771 Ft²
$1,038,982
RealtyHop Estimate
47.37%
Since Jul 1, 2019
CA-Los Angeles
Primary Model
About This Property
This Honey of a Home is situated on a quiet street in the
agricultural area of Bellflower. This beautiful horse property will
accommodate up to 2 horses, or 2 cows, 4 sheep or 4 goats or
50 chickens, rabbits or ducks! This immaculate 3 bedroom, 3
bathroom home has it all. The large living area opens onto a
covered patio and private backyard for entertaining. Natural
daylight fills up the spacious open floor plan. Granite counters,
appliances and tile flooring complete this remodeled kitchen. All
major appliances are included with this lovely home. The Larger of
the two master bedrooms, has enough space for a sitting area.
French Doors open onto the backyard. Dual sinks, a jetted
bathtub and large walk in closet complete this master bedroom. With
a complete remodel in 2006 and subsequent upgrades, many of these
amenities include: Central Heat and Air, Dual Pane Windows,
Sprinkler system, backyard shed, fruit orchard, insulated and
drywalled garage. Centrally located near schools, parks, shopping,
entertainment and freeway access. This home is a pride of ownership
and is ready to move in!
Unit Size
1,771 Ft²
Days on Market
157 days
Land Size
0.23 acres
Price per sqft
$398
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #PW19008666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2019 | Sold | ||
| Sold | |||
| Jan 9, 2019 | Listed by Coldwell Banker Coastal Alliance | $705,000 | |
| Listed by Coldwell Banker Coastal Alliance | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Sold On
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HOA + Taxes
About Bellflower
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Nicole Tootill, Coldwell Banker Coastal Alliance
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19008666
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19008666
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