17432 Virginia Avenue

Bellflower, CA 90706

$5,000,000
Price
25
Beds
19
Baths
12,208 Sq. Ft.
$410 / Sq. Ft.
12,208
Sq. Ft.
$410
per Sq. Ft.

Description

A rare find! Well maintained 18 units on four parcels with room to add additional 2 more units. The property offers a variety of unit configurations, including a spacious 3-bedroom 2 bath Single Family Residence with 2 car garage and yard, (10) 2- bedroom/1-bathroom units, (7) 1- bedroom/1- bath free standing bungalows, 3 storage units, community laundry room, and office. Long term tenancy and high demand due to the privacy of each unit has to offer. Bellflower conveniently located the heart of LA...A rare find! Well maintained 18 units on four parcels with room to add additional 2 more units. The property offers a variety of unit configurations, including a spacious 3-bedroom 2 bath Single Family Residence with 2 car garage and yard, (10) 2- bedroom/1-bathroom units, (7) 1- bedroom/1- bath free standing bungalows, 3 storage units, community laundry room, and office. Long term tenancy and high demand due to the privacy of each unit has to offer. Bellflower conveniently located the heart of LA and Orange County, this property location has quick access to the 91, 710, 105 and 605 freeways. All units have separate gas and electric meters.
  1. Listed by Shelly St. Denis • DRE #01449948 • Brokerage DRE #02184903 • REMAX Proper • shellysoldit@yahoo.com

Property Details for 17432 Virginia Avenue

Parking Spaces Total
9
Private Pool
No
Cooling Type
N/K
Total Units
18.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
12208
Assessor Parcel Number
7162-012-011
LISTING UPDATED: 11/11/2024 03:10 AM

Property Details for 17432 Virginia Avenue

StatusActive
MLS #PW24201227
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
CountyLos Angeles County

Building Information for 17432 Virginia Avenue

Building/Complex17432 Virginia AveFloor-Stories2Residences-Pet Policy-Year Built1940Building Size-

Property Information for 17432 Virginia Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $399,384
  • Gross Scheduled Income: $399,384
  • Gross Operating Income: $378,600
  • Net Operating Income: $284,388
  • Laundry Income: $1,500
  • Gross Multiplier: 12.52
  • Cap Rate: 5.69
Expense Details
  • Operating Expense: $113,749
  • Operating Expense Percent: 30.10%
  • Gardener Expense: $4,880
  • Fuel Expense: $240
  • Pest Control Expense: $545
  • Electric Expense: $420
  • Insurance Expense: $3,102
  • Maintenance Expense: $9,000
  • Professional Management Expense: $22,626
  • Trash Expense: $10,196
  • Water Sewer Expense: $5,880
  • Total Expenses: $113,749
Tax / Assessment Info
  • Tax Tract Number: 4498
  • Tax Census Tract: 5544.03
  • CFD/Mello-Roos Fee: $7,154
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, In Garage
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 7162012009,7162012010,7162012
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 18
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 9
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 9
  • Carport Spaces: 0
  • Parking Features: Attached Carport, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,800
  • Unit Type Total Rent: $3,800
  • Unit Type Pro Forma: 3800
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,470
  • Unit Type Total Rent: $1,470
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,742
  • Unit Type Total Rent: $1,742
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $5,100
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,525
  • Unit Type Total Rent: $6,096
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 13
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,797
  • Unit Type Total Rent: $1,797
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,470
  • Unit Type Total Rent: $1,470
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 5
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,552
  • Unit Type Total Rent: $1,552
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 6
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,975
  • Unit Type Total Rent: $1,975
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 7
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 8
Unit 13
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 14
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 0

Property History for 17432 Virginia 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 17432 Virginia Avenue

Taxable ValueLand$113,643Additions$195,202Total$308,845
Tax Record2024$5,971 ($498 / month)
Home Facts
Total Finished SqFt6,076 SqFtAbove Grade Finished SqFt6,076 SqFtLot Size18,514 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningBFR2PD*CountyLOS ANGELESAPN7162-012-011

Schools near 17432 Virginia Avenue

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

Mayfair High School
Public7 to 12

Somerset Continuation High School
Public7 to 12

Bellflower Alternative Education Center
PublicK 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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17432 Virginia Avenue is a multi-family home for sale in Bellflower, CA 90706. This property was listed for sale on September 27, 2024 by REMAX Proper, it's currently listed at $5,000,000. This listing's school district is Bellflower Unified School District. Nearby schools include Craig Williams Elementary School, Mayfair High School and Somerset Continuation High School. 17432 Virginia Avenue is a 25-bed, 19-bath, 12,208 sqft multi-family home built in 1940.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REMAX Proper, Shelly St. Denis, DRE #01449948

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.