15741 Blaine Avenue

Bellflower, CA 90706

$7,900,000
Price
3
Beds
32
Baths
16,128 Sq. Ft.
$490 / Sq. Ft.
16,128
Sq. Ft.
$490
per Sq. Ft.

Description

Well maintained spacious 32 unit apartment building. 32 parking spaces in a large parking area. Huge, open, concrete area separating units from parking area may be an opportunity to build additional units. All 1 BR 1 BA except the resident manager's unit which is a 2 BR 1 BA. Conveniently located close to freeways, shops and schools. Onsite laundry room, with leased equipment through Wash. East and South facing windows in all units replaced with retro dual pane windows. Resident manager/handyman...Well maintained spacious 32 unit apartment building. 32 parking spaces in a large parking area. Huge, open, concrete area separating units from parking area may be an opportunity to build additional units. All 1 BR 1 BA except the resident manager's unit which is a 2 BR 1 BA. Conveniently located close to freeways, shops and schools. Onsite laundry room, with leased equipment through Wash. East and South facing windows in all units replaced with retro dual pane windows. Resident manager/handyman at unit #1.
  1. Listed by Ikumi Baker • DRE #00879343 • Brokerage DRE #01302772 • Remco - A. R. E. & Mgmt. Co. • 562-310-0490
  2. Listed by Drew Baker • DRE #00615595 • Brokerage DRE #01302772 • Remco - A. R. E. & Mgmt. Co.

Property Details for 15741 Blaine Avenue

View
None
Parking Spaces Total
32
Private Pool
No
Cooling Type
N/K
Total Units
32.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
102 x 302

Location

Listing Courtesy of Remco - A. R. E. & Mgmt. Co., Ikumi Baker, DRE #00879343; Remco - A. R. E. & Mgmt. Co., Drew Baker, DRE #00615595
Add your commute
LISTING UPDATED: 06/02/2024 11:53 AM

Property Details for 15741 Blaine Avenue

StatusActive
MLS #PW24090830
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
CountyLos Angeles County

Location

Listing Courtesy of Remco - A. R. E. & Mgmt. Co., Ikumi Baker, DRE #00879343; Remco - A. R. E. & Mgmt. Co., Drew Baker, DRE #00615595
Add your commute

Building Information for 15741 Blaine Avenue

Building/Complex15741 Blaine AveFloor-Stories2Residences-Pet Policy-Year Built1955Building Size-

Payment Calculator

$52,430 per month

30 year fixed, 7.25% Interest

Principal and Interest

$43,114

Property Taxes

$9,316

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15741 Blaine Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Parking Fee
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $524,436
  • Gross Scheduled Income: $548,832
  • Gross Spendable Income: $455,100
  • Vacancy Allowance: 22800
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $526,032
  • Net Operating Income: $455,100
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $4,200
  • Other Income Description: Parking space $50 each $16800
  • Gross Multiplier: 14.39
  • Cap Rate: 5.76
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $93,732
  • New Taxes Expense: $111,000
  • Gardener Expense: $1,200
  • Cable TV Expense: $0
  • Fuel Expense: $720
  • Pest Control Expense: $1,416
  • Pool Expense: $0
  • Security Expense: $3,820
  • Furniture Replacement Expense: $0
  • Electric Expense: $2,400
  • Insurance Expense: $36,000
  • Maintenance Expense: $9,780
  • Professional Management Expense: $18,000
  • Workmans Compensation Expense: $361
  • Trash Expense: $8,460
  • Water Sewer Expense: $17,700
  • Supplies Expense: $1,200
  • Total Expenses: $1
Tax / Assessment Info
  • Tax Area: 2267
  • Tax Year: 2023
  • Tax Annual Amount: $111,796
  • Tax Tract Number: 554...
  • Tax Census Tract: 5540.02
  • CFD/Mello-Roos Fee: $8,005
  • Tax Lot: 35
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Association Amenities: Trash, Sewer, Water
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater
  • Equipment: Community, Dryer, Dryer Included, Refrigerator, Room, Washer, Washer Included
  • Interior Features: Ceiling Fan(s), Formica Counters, Granite Counters, Tile Counters
  • Water Heater Features: Gas, Tankless
  • Water Heater Type: Gas, Tankless
  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Included
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas, Wall
  • Heat Source: Natural Gas
  • Heating: Natural Gas, Wall Furnace
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Resident Manager, Smoke Detector(s)
  • Security: Gated Community
  • Construction Materials: Drywall Walls, Plaster, Stucco
  • Exterior Construction: Plaster, Stucco
  • Exterior: Stucco
  • Roof: Rolled/Hot Mop
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Block, Wrought Iron
  • Foundation Details: Concrete Perimeter, Slab
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level with Street, Paved, Sprinklers None
  • Direction Faces: South
  • Number Of Units: 32
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Auto Driveway Gate, Parking Space
  • Uncovered Spaces: 32
  • Open Other Spaces Total: 32
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, Auto Driveway Gate, Asphalt, Paved, On Site, Parking Space
Unit Information
Unit 1
  • Unit Type Units Total: 31
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $534,432
  • Unit Type Total Rent: $534,432
  • Unit Type Pro Forma: 70680
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $14,400
  • Unit Type Total Rent: $14,400
  • Unit Type Pro Forma: 22000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 32
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 33
  • Number Of Separate Gas Meters: 33
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 32
  • Number With Refrigerator: 32
  • Number With Disposal: 32

Property History for 15741 Blaine Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15741 Blaine Avenue

Taxable ValueLand$2,400,000Additions$7,091,010Total$9,491,010
Tax Record2023$111,797 ($9,316 / month)
Home Facts
Total Finished SqFt16,128 SqFtAbove Grade Finished SqFt16,128 SqFtLot Size30,727 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningBFR3*CountyLOS ANGELESAPN6271-031-014

Schools near 15741 Blaine Avenue

This home is within Bellflower Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 12
Public - 7 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 6

Bellflower High School
Public7 to 12

Bellflower Alternative Education Center
PublicK to 12

Somerset Continuation High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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15741 Blaine Avenue is a multi-family home for sale in Bellflower, CA 90706. This property was listed for sale on May 17, 2024 by Remco - A. R. E. & Mgmt. Co., it's currently listed at $7,900,000. This listing's school district is Bellflower Unified School District. Nearby schools include Washington Elementary School, Bellflower High School and Bellflower Alternative Education Center. 15741 Blaine Avenue is a 3-bed, 32-bath, 16,128 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remco - A. R. E. & Mgmt. Co., Ikumi Baker, DRE #00879343; Remco - A. R. E. & Mgmt. Co., Drew Baker, DRE #00615595

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.