Bellflower, CA 90706,15729 Bellflower BLD
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Bellflower, CA 90706,15729 Bellflower BLD
Bellflower, CA 90706,15729 Bellflower BLD
Bellflower, CA 90706,15729 Bellflower BLD
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$ 1,250,000
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15729 Bellflower BLD Bellflower, CA 90706

8,607 Sqft Lot


UPDATED:

11/06/2024 07:27 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW24224947

Originating Board California Regional MLS

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

Area Rj - Bellflower N Of Alondra, W Of Bellflower

Interior

Laundry None

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 6271033013

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by Justin White • Justin White

Maxwell Dukelow

Agent | License ID: 02113278

+1(408) 508-3200

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15729 Bellflower BLD