For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

17047 Bellflower Blvd Bellflower, CA 90706

Sponsored
For Sale
$2,795,000

High-yield retail property, Bellflower, CA

Property size:
9,706 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional value-add investment opportunity presents two properties totaling 9,706 square feet of retail space situated on a 17,248 square foot lot in Bellflower, California. The main property, located at 17047 Bellflower Blvd, is a multi-tenant retail building with five units, currently boasting 80% occupancy and generating a net operating income (NOI) of $82,940. A pro-forma NOI of $172,092 projects significant upside potential. This building, constructed in 1950, offers high visibility and street exposure along Bellflower Boulevard, a major thoroughfare. The adjacent property, a 754 square foot single-family home built in 1927 at 9747 Park St, presents unique possibilities for owner-occupancy, additional rental income, or expansion of the retail operation. The combined properties offer a compelling investment opportunity with a current cap rate of 3.00% and a pro-forma cap rate of 6.16%. The property is zoned BFCG and features twelve onsite parking spaces. This offering presents a rare chance to acquire a well-located retail portfolio in a densely populated area with substantial growth potential. The asking price is $2,795,000, translating to $287.97 per square foot. The property's two buildings are both single-story structures. This is a Class C property.

Property Features for 17047 Bellflower Blvd

General Information

Property type
Lifestyle centers
Square Feet
9,706 SF
Class
C

Building Details

Year Built
1950
Buildings
2
Stories
1
Units
5

HighLights

  • $2,795,000 asking price for a value‑add retail investment opportunity.
  • 9,706 square feet of net rentable space across two buildings on a 17,248 square foot lot.
  • 3.00% current cap rate, 6.16% pro‑forma cap rate, with a $82,940 current NOI and a $172,092 pro‑forma NOI.
  • Located at 17047 Bellflower Blvd & 9747 Park St, Bellflower, CA 90706.
  • Property consists of a multi‑tenant retail building and an adjacent single‑family home, offering owner‑user or rental income potential.
  • 80% occupancy across five units.
Property Profile Location Intelligence

Current Use by Public Records

Designer Furniture Furniture Store Mopedic Mattress Mattress Store The Super Seven S7 Party Equipment Rental Service David Heating & Air ... Hvac Contractor

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bellflower
County
Los Angeles
State
California
Longitude
-118.12564498129
Latitude
33.878918392082

FAQs

What type of property is this?
Lifestyle center - High-yield retail property, Bellflower, CA
Where is this lifestyle center located?
The property is located at 17047 Bellflower Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: $2,795,000 asking price for a value-add retail investment opportunity.; 9,706 square feet of net rentable space across two buildings on a 17,248 square foot lot.; 3.00% current cap rate, 6.16% pro-forma cap rate, with a $82,940 current NOI and a $172,092 pro-forma NOI.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message