Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15335 Woodruff Pl Bellflower, CA 90706-4025
    Back to Search
    Property profile & analytics

    15335 Woodruff Pl, Bellflower, CA 90706-4025

    View on Map

    • Apartment buildings
    • 4,628 SF
    • 0.22 lot acres
    Off-Market
    Last Sale Sep 20, 2024
    $1,375,000
    Property ID
    US09-8525144
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,375,000
    Show details
    Cap Rate Potential
    5.4%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 15335 Woodruff Pl

    Year built
    1971
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Zone code
    BFR3*
    Property type
    Apartment buildings
    APN
    6274-035-019
    APU
    6274035019

    Description

    This exceptional 5-unit multifamily investment property in Bellflower, CA, presents a compelling opportunity. The property, comprised of three buildings constructed in 1958 and 1971, offers a mix of single-story and two-story townhome units, each featuring two bedrooms. Four units are two-story townhomes, each with a private patio (two boast spacious wrap-around patios). Three units have undergone significant renovations. Each unit includes a water heater and two assigned parking spaces, totaling ten spaces across the property. Residents benefit from an on-site laundry facility, generating additional income. The property sits on a 0.22-acre lot, totaling 4,628 square feet of net rentable space. The asking price is $1,700,000, representing $340,000 per unit, with a current NOI of $88,737 and a pro-forma NOI of $115,940. This translates to a current cap rate of 5.22% and a pro-forma cap rate of 6.82%. Its prime location near Woodruff Avenue and Alondra Boulevard offers convenient access to schools (Woodruff Elementary, Bellflower Middle, and Bellflower High), major shopping centers (Promenade at Downey, Downey Landing, Los Cerritos Center, and Plaza 183), and freeways (I-605, SR-91, and I-605), making it highly attractive to tenants. The property is offered fee simple. Drive-by only


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,375,000
      ML approach
      $1,375,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,240,000
      6.5%
      $1,145,000
      7%
      $1,065,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,606,000
      Market price range: $434k - $1.61M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,105,000
      Current use
      MEDICAL BUILDING
      $2,105,000
      Change: +90% Conversion: Moderate
      OFFICE BUILDING
      $1,540,000
      Change: +39% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,395,000
      Change: +26% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,385,000
      Change: +25% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,360,000
      Change: +23% Conversion: Difficult
      RETAIL STORES
      $1,355,000
      Change: +23% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bellflower
    County
    Los Angeles
    State
    California
    Longitude
    -118.118
    Latitude
    33.8941
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,316
    $598,230
    $832,320
    $1,430,550
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message