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17819 Clark Ave Bellflower, CA 90706

Sponsored
For Sale
$2,350,000

12-unit apartment building, high ROI.

Property size:
10,041 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional mixed-use property, located at 17819-17831 Clark Ave in Bellflower, CA, presents a compelling investment opportunity. The 10,041 square foot property sits on a 0.51-acre lot and comprises eleven buildings constructed in 1949 and 1954. The property includes twelve residential units – six studios/one-bath, one two-bedroom/one-bath, and one three-bedroom/one-bath – along with four retail units and a separate laundry facility. Recent upgrades include new roofing, dual-pane windows, and electrical panels in all residential buildings. Units feature laminate and tile flooring, stoves, refrigerators, and in-unit heating. Each residential building boasts a private backyard and adjacent parking. The property offers 24 parking spaces in total. The permitted zoning is R-2/C-G. The asking price is $2,350,000, representing a price per square foot of $234.04 and a price per unit of $195,833. The current NOI is $111,050, yielding a 4.73% cap rate, with a pro-forma cap rate of 7.37%. This prime Bellflower location offers unparalleled access to major transportation highways and is close to numerous amenities, making it an ideal investment for owner-users or investors seeking a versatile and high-return property. The property's expansive space allows for customization and scalability to meet diverse needs. The ample parking caters to both residential and retail tenants. The APN is 7162-006-030

Property Features for 17819 Clark Ave

General Information

Property type
Multifamily properties
Square Feet
10,041 SF
Lot Size
22,216 SF

Building Details

Year Built
1949
Buildings
11
Stories
1
Units
12

HighLights

  • Prime Bellflower location with excellent highway access.
  • Mixed‑use property ideal for owner‑users or investors.
  • 10,041 square feet on a 0.51‑acre lot with customization potential.
  • Close proximity to retail, dining, and business services.
  • 24 parking spaces.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Bellflower
County
Los Angeles
State
California
Longitude
-118.1340872
Latitude
33.8705382

FAQs

What type of property is this?
Multifamily property - 12-unit apartment building, high ROI.
Where is this multifamily property located?
The property is located at 17819 Clark Ave Bellflower, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Prime Bellflower location with excellent highway access.; Mixed-use property ideal for owner-users or investors.; 10,041 square feet on a 0.51-acre lot with customization potential.
More about this property
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