9340 Mayne Street, Bellflower, California 90706, Bellflower, 90706 - 3 bed, 4 bath

9340 Mayne Street, Bellflower, California 90706 home-pic-0
ACTIVE$499,999
9340 Mayne Street, Bellflower, California 90706
3Beds
4Baths
2,150Sqft
5,512Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
RTI (Ready-to-Issue) Status: The project is delivered RTI, meaning permits are ready to go, allowing for immediate groundbreaking and significantly reducing pre-construction time and costs for developers.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-05-07. The sold price is $469,000.00.

Compared to the nearby listings

Price:$500.0K vs avg $800.0K ($-300,001)1%
Size:2,150 sqft vs avg 1,340 sqft91%
Price/sqft:$233 vs avg $6071%

More Insights

Built in 1933 (92 years old).
Condition: This property is a vacant lot with RTI (Ready-to-Issue) plans for a new 3-bedroom, 3.5-bathroom single-family residence. The previous structure, built in 1933, has already been demolished, making the site 'shovel-ready' for immediate construction. While there is no existing structure to evaluate for specific features like kitchen, bathroom, or flooring, the condition of the property for its intended purpose (new development) is excellent. It offers a prime opportunity for a new build without the costs and delays associated with demolition, and comes with pre-approved plans for a modern home, ensuring the future structure will meet current quality standards.
Year Built
1933
Close
-
List price
$500K
Original List price
$525K
Price/Sqft
$233
HOA
-
Days on market
-
Sold On
-
MLS number
CV25020081
Home ConditionExcellent
Features
View-

About this home

Attention developers! This exceptional RTI (Ready-to-Issue) project offers a rare opportunity to build a stunning two-story single-family residence in the thriving city of Bellflower. Situated on a 5,512 sq. ft. lot, this property will come with approved plans for a 3-bedroom, 3.5-bathroom home, spanning 2,150 sq. ft. of living space plus a 2-car attached garage, bringing the total buildable square footage to 2,605 sq. ft. The previous structure has already been scraped, saving you time and cost on teardown and clearing. With permits ready to go, you can break ground immediately and capitalize on the increasing demand for high-quality housing in this desirable area. Will be delivered RTI – ready for immediate construction Prime Location: Bellflower is a growing hub with a perfect blend of suburban charm and urban convenience. The property is strategically located near major freeways, including the 91 and 605, providing easy access to Los Angeles and Orange County. Enjoy proximity to top-rated schools, parks, retail centers, and dining options, making it an ideal location for families and professionals alike. Don't miss out on this shovel-ready opportunity in one of Bellflower's most sought-after neighborhoods.

Price History

Date
Event
Price
05/07/25
Sold
$469,000
04/18/23
Sold
$390,000
Condition Rating
Excellent

This property is a vacant lot with RTI (Ready-to-Issue) plans for a new 3-bedroom, 3.5-bathroom single-family residence. The previous structure, built in 1933, has already been demolished, making the site 'shovel-ready' for immediate construction. While there is no existing structure to evaluate for specific features like kitchen, bathroom, or flooring, the condition of the property for its intended purpose (new development) is excellent. It offers a prime opportunity for a new build without the costs and delays associated with demolition, and comes with pre-approved plans for a modern home, ensuring the future structure will meet current quality standards.
Pros & Cons

Pros

RTI (Ready-to-Issue) Status: The project is delivered RTI, meaning permits are ready to go, allowing for immediate groundbreaking and significantly reducing pre-construction time and costs for developers.
Shovel-Ready Condition: The previous structure has already been scraped, eliminating demolition expenses and delays, making the lot ready for immediate construction.
Prime Bellflower Location: Situated in a growing hub with a blend of suburban charm and urban convenience, offering strategic access to major freeways (91 & 605) for easy commutes to Los Angeles and Orange County.
Approved Plans for Desirable Home: Comes with approved plans for a modern 3-bedroom, 3.5-bathroom, 2,150 sq. ft. single-family residence with a 2-car attached garage, streamlining the building process.
Strong Market Demand: Opportunity to capitalize on the increasing demand for high-quality housing in a sought-after Bellflower neighborhood, appealing to families and professionals.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-05-07. The sold price is $469,000.00.
Requires Full Construction Investment: As a vacant lot, the property requires significant capital outlay for the entire construction of a new home, rather than being a ready-to-occupy residence.
Inherent Construction Risks: Despite RTI status, the project is still subject to typical construction risks such as potential cost overruns, material price fluctuations, labor issues, and project delays.
Price Reduction History: The current list price of $499,999 is a reduction from the original list price of $524,999, which could indicate a slower market response or initial overpricing.

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