16401 Grand Ave, Bellflower

$1,690,000

11 Beds
6 Baths
5,717 Sqft
0 Acres
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
Bedrooms11
Bathrooms6.00
Square Footage5,717
Acres0.00
Year Built1924
TypeResidential Income
Sub-TypeFourplex
StatusActive
Community Information
Address16401 Grand Ave
CityBellflower
CountyLos Angeles
StateCA
Zip Code90706
Area

Bellflower North of 91 Frwy, S of Alondra (RG

Amenities
Parking Spaces20
ParkingAssigned, Garage
# of Garages4
Interior
Interior FeaturesOther
HeatingOther
CoolingOther
# of Stories1
Additional Information
Date ListedJanuary 30th, 2020
Days on Market61
ZoningBFA1*
HOA Fees0.00
Listing Details
AgentYong Woo Steven Bae(02033375)
OfficeMasters Realty Group
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