855.375.4001
Listed by 714.231.2537 - Justin White - Justin White
$1,250,000 affordable loan icon Calculate Payment

15729 Bellflower Boulevard Bellflower, CA 90706

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Mixed Use Residence
Beds
Baths
... Bed/Bath
2,112 Sq. Ft.

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Last updated on 12/4/2024 7:39 PM
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 seco...nd 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 opportunity for a new owner to operate their business in a location with a proven track record for success. One of the best options for a buyer may be to obtain SBA financing, operate in the auto repair space and utilize income from the other rental units to cover expenses and a portion of the loan payments. Continue reading
MLS#
PW24224947
Property Type
Mixed Use
Year Built
1944
Square Feet
2,112 sq. ft
Lot Size
0.2
Sewer
Public Sewer

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Listed by 714.231.2537 - Justin White - Justin White
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/4/2024 7:39 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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