16401 Grand Avenue, Bellflower

$1,690,000

0 Beds
0 Baths
0 Sqft
31,863 Lot Sqft
4 Garages

Your purchasing power is always stronger when you buy in volume and this massive lot with four individual houses with an additional bonus unit on it is no exception! If this home was sold by itself, you could expect to pay somewhere in the 700's, which means you're getting the other three houses for around 250K each plus a bonus unit. Call your lender and ask them what the cost of ownership would be for a single-family residence at 700 versus if you were to owner-occupy this front home and lease out the other three plus a bonus property at market rents. You will realize the benefit of a single-family residence, with the income/leverage and tax benefits of a multifamily dwelling. The main front home comes with a huge pool with a spa and a gorgeous guest house. This fantastic property has been lovingly maintained with the pride of ownership that can only come from being part of this community here on Grand Ave. Major development opportunity with 31,863 sqft lot zoned BFA1.

Essential Information
MLS® #20549332
Price$1,690,000
Bathrooms0.00
Lot Sqft31,863
Acres0.00
Year Built1924
TypeResidential Income
StatusActive
No of Units4
Community Information
Address16401 Grand Avenue
CityBellflower
CountyLos Angeles
StateCA
Zip Code90706
Area

Bellflower North of 91 Frwy, S of Alondra (RG

Amenities
Parking Spaces4
# of Garages4
Has PoolYes
Interior
FireplaceYes
# of Stories1
Additional Information
Date ListedJanuary 30th, 2020
Days on Market122
ZoningBFA1*
Listing Details
AgentYong Woo Steven Bae(02033375)
OfficeMasters Realty Group
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Increased from $1,650,000 to $1,690,000
Price Increased from $1,650,000 to $1,690,000
Show All History (6)
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Based on information from California Regional Multiple Listing Service, Inc. as of June 1st, 2020 at 2:51am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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