15729 Bellflower Boulevard new

Bellflower,CA 90706

$ 1250000

- Bed

- Bath

2112 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $591

MLS Listing ID CRPW24224947

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1944

Lot Size 8,607 Sqft

Property Description

An excellent opportunity to acquire a well-maintained 5-unit mixed-use building in Bellflower, CA. Located at 15729 Bellflower Blvd, this commercial asset was built in 1944. The front building offers two storefront retail/office units on the ground level and two 1 bed + 1 bath apartments on the second story. The back building has been operating for 40+ years as an auto repair shop. Building square footage on title shows 2,112 but the entire square footage including the auto repair shop is estimated to be 4,612 gross rentable square feet. Both buildings are situated on a large 8,607 square foot lot. Recent improvements include new silicone sealant on roofs with a 10-year warranty, two new electrical subpanels and interior renovations to apartment #31 ½. The property is within close proximity to the intersection of Bellflower Blvd and Alondra Blvd and boasts a diverse surrounding tenant mix. Nearby tenants include WaBa Grill, Round Table Pizza, Cold Stone Creamery, O’Reilly Auto Parts, Smart & Final, Panda Express, Jersey Mike’s Subs and US Bank just to name a few. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return. The long-standing auto repair shop provides an exceptional opportun

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Building

Water Public

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