Bellflower, CA 90706,15729 Bellflower BLVD
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Bellflower, CA 90706,15729 Bellflower BLVD
Bellflower, CA 90706,15729 Bellflower BLVD
Bellflower, CA 90706,15729 Bellflower BLVD

$1,225,000

Est. payment /mo

$1,250,000

2.0%
Est.Price: ?

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15729 Bellflower BLVD Bellflower, CA 90706

8,607 Sqft Lot

SOLD DATE : 01/31/2025

Key Details

Sold Price $1,225,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24224947

Sold Date 01/31/25

HOA Y/N No

Year Built 1944

Lot Size 8,607 Sqft

Property Sub-Type Mixed Use

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 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.

Location

State CA

County Los Angeles

Area Rj - Bellflower N Of Alondra, W Of Bellflower

Zoning BFCGYY

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6271033013

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Justin White • Justin White • 714.231.2537
Bought with Justin White • Justin White
agent

Jessie Rodriguez

Owner | Realtor | License ID: 01418054

+1(909) 657-1022

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