Bellflower Mixed-Use Multifamily/Retail
17819 Clark Ave Bellflower, CA 90706
17819 Clark Ave, Bellflower, CA, 90706
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For Sale
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Mixed-use property with multifamily and retail units in Bellflower.
Property Size10,041 SF
Lot Size0.51 Acres
Price / SF$234.04
Days on Market769
Property Features for 17819 Clark Ave
General Information
- Standard status
- Active
- Size
- 10,041 SF
- Lot size
- 0.51 Acres
- Property subtype
- Retail, Multifamily, Mixed Use
Listing Agency
CBRE LA
Listed by
Jenny Eng · License #CA 01931224
Source
Crexi
Added: Jun 11, 2024 Checked: Jul 19 at 9:27 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE LA
Investment Insights
Based on property information with market context.
Located in Bellflower, California, this mixed-use property features both multifamily and retail components. The property, constructed in 1949 and 1954, totals 10,041 square feet across 11 buildings situated on a lot of approximately 22,101 square feet. The property includes eight standalone bungalow-style multifamily structures, four retail units, and a separate laundry facility. The multifamily structures consist of six studio/one-bath units, one two-bedroom/one-bath unit, and one 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.
Key Highlights
- Mixed‑use multifamily/retail property in Bellflower, Los Angeles County.
- Total of 10,041 SF across 11 buildings on a ±22,101 SF lot.
- Featuring 8 standalone bungalow‑style multifamily structures, 4 retail units, and a separate laundry facility.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $361.5k | $36.00 |
| − Vacancy | −$36.1k | −$3.60 |
| EGI | $325.3k | $32.40 |
| − OpEx | −$122.0k | −$12.15 |
| NOI | $203.3k | $20.25 |
10,041 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$3.17M
$2.78M – $3.70M
NOI $222,153 @ 7.0% cap · market cap 9.45%
Second Best
Mixed Use
$2.90M
$2.54M – $3.39M
NOI $203,330 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$5.38M
$4.70M – $6.27M
NOI $376,314 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with multifamily and retail units in Bellflower.
Where is this mixed-use 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: Mixed‑use multifamily/retail property in Bellflower, Los Angeles County.; Total of 10,041 SF across 11 buildings on a ±22,101 SF lot.; Featuring 8 standalone bungalow‑style multifamily structures, 4 retail units, and a separate laundry facility.
