$950,000
( $401.52Per Sq Foot )
 $5,100 forsale estimated payment Sourced by Back At You

16213 Clark Avenue , Bellflower, CA 90706

Bellflower, CA 90706

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Description

16213 Clark Avenue presents a rare opportunity to acquire a mixed-use building consisting of a vacant one-story professional office building of +/-1,404 square feet and a 2 bedroom 1 bath single family residence of 916 SF. The residential tenant is on a month-to-month lease paying $1,795/month. Bellflower does not have rent control and is only governed by state rent control, affording annual rent increases of up to 8.8%. The single family residence also has a 759 square foot 2-car garage + storage space that presents an opportunity to build an additional dwelling unit (ADU). The office building is in vanilla shell condition, offering a tenant or owner-user a rent-ready space and quick move-in time. The space is equipped with central HVAC, monument signage, a security monitoring system, and an attractive front reception area (see floor plans; buyer to verify all square footages and systems). Alternatively, the office space can be utilized as a retail store or showroom, with over 42 feet of frontage on Clark Avenue, a commercial corridor that sees over 16,000 vehicles passing by daily. An owner-user who occupies the commercial space can qualify for up to 90% SBA financing and either lease out the residential unit or occupy it as well. The property's Bellflower location in southeast L.A. County allows for easy access to the 91, 605, 105, and 710 Freeways.

Details

Mls24416425
Listing TypeFor Sale
StyleMixed Use
SubtypeResale
StatusActive
Year1961
Days On Site140
Listing Provided ByKidder Mathews of California, Inc. 310-312-2800 | Darin Spillman

Features

Sq Feet2,366
Storys1
Units2
Buildings2
ZoningBFCG*
Acreage0.12

Market Activity 90706

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountyLos Angeles
CityBellflower
Zip Code90706
AreaRG Bellflower North of 91 Frwy | S of Alondra
Listing VS Median (in 90706)
Price:
$950,000
low | high
Med:
$1,499,999
7.894631578947% of Average
SqFt:
2,366
low | high
Med:
5,300
74.006762468301% of Average
$ / SqFt:
$402
low | high
Med:
$283
79.513453147964% of Average
On Site:
140
low | high
Med:
55.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 12:09:17 PM PST
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