Sold for $2,900,000

Listed by: Morgan Skenderian • Peter Gillin • Contact: 949-630-0592

Bought with: Remax Commercial and Investment Realty

$2,900,000

16108 Cornuta Ave, Bellflower, CA 90706

16beds

12baths

5,732sqft

Multi Family

Built in 1953

-- sqft lot

$-- Zestimate^®

$506/sqft

$3,043 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,043/mo

Zestimate^® history

Owner options

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$3,043/mo

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$3,043/mo

Rent Zestimate^®

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$18,306/mo

Est. payment

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$18,306/mo

Est. payment

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What's special

16108 Cornuta Avenue is in the desirable community of Bellflower. The subject property is very well-maintained and offers over 10% upside in rents. 16108 Cornuta Ave. is a rarely available single-story asset on a large 23,000 sq. ft. lot.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 12

Appliances

Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 5,732
Total interior livable area: 5,732 sqft

Property

Parking

Total spaces: 17
Parking features: Attached Carport, Assigned
Garage spaces: 2
Carport spaces: 10
Covered spaces: 12
Uncovered spaces: 5

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None

Lot

Size: 0.54 Acres
Features: 21-25 Units/Acre, Level

Details

Parcel number: 7109005030
Zoning: BFR3*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1953

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs, Sidewalks

Location

Region: Bellflower

Financial & listing details

Price per square foot: $506/sqft
Tax assessed value: $2,895,000
Annual tax amount: $36,036
Date on market: 5/29/2024
Cumulative days on market: 108 days
Listing terms: Cash to New Loan
Total actual rent: 22690
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
9/19/2024	Sold	$2,900,000-3.2%$506/sqft
Source: CRMLS #PW24108269 Report a problem
8/30/2024	Pending sale	$2,995,000$523/sqft
Source: CRMLS #PW24108269 Report a problem
6/21/2024	Contingent	$2,995,000$523/sqft
Source: CRMLS #PW24108269 Report a problem
6/12/2024	Listed for sale	$2,995,000$523/sqft
Source: CRMLS #PW24108269 Report a problem
6/8/2024	Contingent	$2,995,000$523/sqft
Source: CRMLS #PW24108269 Report a problem
5/29/2024	Listed for sale	$2,995,000+210.4%$523/sqft
Source: CRMLS #PW24108269 Report a problem
1/27/2004	Sold	$965,000$168/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$36,036 +98.1%	$2,895,000 +115.2%
2024	$18,190 +3.9%	$1,345,113 +2%
2023	$17,514 +1.7%	$1,318,739 +2%
2022	$17,224 +2%	$1,292,883 +2%
2021	$16,879 +0.8%	$1,267,533 +1%
2020	$16,744	$1,254,537 +2%
2019	$16,744 +6.1%	$1,229,939 +2%
2018	$15,785	$1,205,824 +2%
2017	$15,785 +2.2%	$1,182,181 +2%
2016	$15,446 +2.1%	$1,159,002 +1.5%
2015	$15,125 +2.9%	$1,141,594 +2%
2014	$14,694	$1,119,233 +5%
2009	--	$1,065,436 +2%
2008	--	$1,044,546 +4%
2006	--	$1,003,986
2005	--	$1,003,986 +176.4%
2002	--	$363,255 +4%
2000	--	$349,152