Description
An excellent opportunity to acquire a well-maintained 5-unit mixed-use building in bell?ower, ca. located at 15729 bell?ower blvd, this commercial asset was built in 1944. the front building offers two storefront retail/of?ce 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 both apartment units.
the property is within close proximity to the intersection of bell?ower 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. both apartment units will be delivered vacant at close of escrow. one of the best options for a buyer may be to obtain sba ?nancing, operate in the auto repair space and utilize income from the other rental units to cover expenses and a portion of the loan payments.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47506611
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1944
- Building Area Total: 2,112
Pool Features
- None
Laundry Features
- None
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1976
- Lot Size Source: Assessor
- Lot Size Square Feet: 8607
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Listing Information
Listing Price Information
- Original List Price: 1,250,000
- Listing Contract Date: 2024-10-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 6271033013
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: RJ - Bellflower N of Alondra, W of Bellflower
- Postal Code Plus 4: 3822
- Directions: Exit the 605 at Alondra Blvd, drive West and turn right on Bellflower Blvd.
- Zoning: BFCGYY
- Source Property Type: Residential Income
- Area: RJ - Bellflower N of Alondra, W of Bellflower
- Property SubType: Mixed Use
Building and Construction
- Property Age: 80
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 11/05/2024 @ 01:37
- MLS: PW24224947
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,112 sqft, 8,607 sized lot, and 8 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Bellflower , in zip code 90706, this Los Angeles County Home are nearby neighborhoods.