17825 Clark Avenue, Bellflower, CA 90706
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- MLS#: 24400109 ( )
- Street Address: 17825 Clark Avenue
- Viewed: 8
- Price: $2,350,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1949
- Bldg sqft: 0
- Days On Market: 207
- Additional Information
- County: LOS ANGELES
- City: Bellflower
- Zipcode: 90706
- Provided by: CBRE
- Contact: Jenny Jenny
- DMCA Notice
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Description17819 17831 Clark Ave is a mixed use property nestled within the vibrant heart of the City of Bellflower, California. Located just south of the 91 freeway, east of Lakewood blvd., and west of Bellflower Blvd., the property offers an investor the opportunity to own a steady piece of real estate in a city within Los Angeles County with a suburban feel and diverse community. The offering is an existing mixed used multifamily/retail property that is consists of a total 10,041 SF of across 11 buildings on a 22,101 SF lot. The easily maintained property was constructed in 1949 and 1954 and is comprised of 8 standalone bungalow style multifamily structures, 4 retail units and a separate laundry facility. The multifamily structures consists of 6 studios/one bath units and 1 two bedroom/one bath unit, and 1 three bedroom/one bath unit. All residential buildings have been upgraded with new roofing, dual paned windows, and electrical panels. The units are equipped with laminate and tile flooring, a stove, refrigerator, and in unit heating. Each residential building has a private backyard space and adjacent surface parking spaces. Bellflower is centrally positioned among major freeways, which includes the I 605 and I 91, this investment opportunity provides access to local retail, major business areas, and surrounding amenities. Surrounding neighborhoods include Paramount, Bixby Knolls, Lakewood, Artesia, and Norwalk. Beyond the convenience of major freeways, Bellflower offers an excellent public transportation network. This comprehensive coverage enables individuals to move in and out of the city with relative ease, fostering a sense of connectivity and making Bellflower an ideal location for those who value both local and regional accessibility. Bellflower boasts a mixture of incredible amenities, historical attractions, and delightful local dining options. Standout features include the Los Angeles County Fire Department, Hollywood Sports Paintball & Airsoft Stadium, the Flux Bar, and historical attractions from Bellflower's time as a Dutch Enclave for more than 100 years. Given the property's stable real estate fundamentals, which include its location, 17819 17831 Clark Ave is an excellent investment choice for an investor seeking growth, stability, and a hedge against inflation.
Property Location and Similar Properties
Features
Building Area Total
- 10041.00
Cooling
- None
Country
- US
Heating
- Wall Furnace
Interior Features
- Ceiling Fan(s)
Laundry Features
- Washer Included
- Dryer Included
Levels
- One
Lockboxtype
- None
Netoperatingincome
- 111050.00
Number Of Buildings
- 11
Parcel Number
- 7162006030
Parking Features
- Assigned
Postalcodeplus4
- 6504
Sourcesystemkey
- 24-400109:CLAW
Totalexpenses
- 74657.00
Year Built
- 1949
Zoning
- BFR3