15746 Ryon Avenue

Bellflower, CA 90706

$1,980,000
Price
11
Beds
9
Baths
4,644 Sq. Ft.
$426 / Sq. Ft.
4,644
Sq. Ft.
$426
per Sq. Ft.

Description

9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM...9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Six of the Seven Structures Contain Brand-New Roofs | Fully Renovated 1-Bedroom Unit with New Kitchen Cabinets, New Quartz Counters, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures and New Ceiling Fan | Recently Painted Property with Tremendous Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping | On-Site Laundry Facility, Total of 14 Parking Spaces & Ample Outdoor Space for Tenants | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium, Bellflower Library Garden, and the 91, 605 & 105 Freeways
  1. Listed by Jonathan Nikfarjam • DRE #01856803 • Brokerage DRE #01856803 • Shield CRE, Inc.
  2. Listed by Ken Conant • DRE #00851703 • Re/Max Estate Properties

Property Details for 15746 Ryon Avenue

Zoning
BFR3YY
Cross Streets
Ryon Avenue & Alondra Boulevard
Parcel Number
6271031010
Total Units
9.0
Living Area
4644
Source Living Area
Estimated
Area
Bellflower N of Alondra, W of Bellflower (RJ)
Vacancy Rate
0

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803; Re/Max Estate Properties, Ken Conant, DRE #00851703
Add your commute
LISTING UPDATED: 05/28/2024 05:37 PM

Property Details for 15746 Ryon Avenue

StatusActive Under Contract
MLS #24-393089
Days on Market13
Taxes$24,750 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.46 AC / 20,058 SF
CountyLos Angeles County

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803; Re/Max Estate Properties, Ken Conant, DRE #00851703
Add your commute

Building Information for 15746 Ryon Avenue

Stories1Residences-Year Built1938Building Size-Lot Size0.46 AC / 20,058 SF

Payment Calculator

$12,868 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,806

Property Taxes

$2,063

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15746 Ryon Avenue

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 1
  • Number Of Buildings: 7
  • Type Of Units: 3+1, 1+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $164,129
  • Net Operating Income: $110,568.00
  • Gross Income: $170,968
  • Cap Rate: 5.58%
  • Gross Rent Multiplier: $11.72
  • Actual Annual Gross Rent: $168,960.00
  • Actual Gross Annual Income: $170,968
  • Actual Rent Total: $168,960.00
  • Vacancy Allow Dollar: $6,838.00
  • Vacancy Allow Percent: 4.00%
  • Total Annual Expense: 53561
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Paved: Yes
  • Lot Acreage: 0.4606
  • Lot Size Square Feet: 20058
  • Lot Size Dimensions: 64x305
  • Source Lot Size Dimensions: Other
Parking Details
Parking Details
  • Parking Garage: Garage, Uncovered
  • Total Parking: 14
  • Open Other Spaces Total: 12
  • Garage Spaces Total: 2
  • Parking Features: Garage, Uncovered
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Washer, Dryer
  • Laundry: Laundry Area, Room
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-16-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,980.00
  • Unit Actual Rent: $2,980.00
  • Unit Projected Rent: $3,450.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,387.00
  • Unit Actual Rent: $11,100.00
  • Unit Projected Rent: $14,360.00
  • Like Units: 8
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 9
  • Number of Gas Meters: 9
Tax and Assessed Info
Tax and Assessed Info
  • Tax Percent: 1.25%
  • Assessed Improvement Value: $577,597.00
  • Assessed Improvement Percent: 44.98
  • Assessed Land Value: $706,612.00
  • Assessed Land Percent: 55.02
  • Assessed Total Value: $1,284,209.00

Property History for 15746 Ryon 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 15746 Ryon Avenue

Taxable ValueLand$706,612Additions$578,597Total$1,285,209
Tax Record2023$16,949 ($1,412 / month)
Home Facts
Total Finished SqFt4,644 SqFtAbove Grade Finished SqFt4,644 SqFtLot Size20,058 SqFtStyleMulti-Family Res (5+ Units)Year Built1938ZoningBFR3YYCountyLOS ANGELESAPN6271-031-010

Schools near 15746 Ryon 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803; Re/Max Estate Properties, Ken Conant, DRE #00851703

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.