15709 Bellflower BlvdBellflower, CA 90706

Property Details for 15709 Bellflower Blvd

Year built

1950

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

3,779 SF

Zone code

BFCG*

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

6271-033-005

APU

6271033005

Description

This exceptional Bellflower, CA mixed-use property presents a unique investment opportunity spanning 3,779 square feet on a 0.15-acre lot. The property currently features a retail space at the front, a two-bedroom single-family residence, and a substantial warehouse at the rear, complete with a three-car attached garage. This versatile configuration is ideal for an owner-user seeking a combined business and residential location. The existing structure offers immediate income potential, while the property's zoning allows for significant expansion. The seller possesses preliminary plans to convert the existing dwelling into either five or seven residential units, leveraging the streamlined approval process facilitated by AB-2011. This legislation offers expedited city approvals for such conversions, significantly reducing development timelines and associated costs. The property's strategic location in Bellflower provides excellent access to major transportation routes and a thriving local market. The asking price is $1,300,000. The seller may be open to considering alternative financing arrangements. This is a rare chance to acquire a high-potential mixed-use property with immediate income and substantial future development upside in a desirable location. Don't miss this opportunity to capitalize on the growing Bellflower market. Contact us today to schedule a showing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,154,614

  6.5%

  $1,065,798

  7%

  $989,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,868,409

  Geo Method

  $1,868,409

• Alternative Use

  Use

  Valuation

  Residential

  $1,065,798

  Hospitality

  $976,265

  Educational

  $812,241

  Medical

  $840,175

  Retail

  $1,263,486

Location Insight

City

Bellflower

County

Los Angeles

State

California

Latitude

33.8908

Longitude

-118.126

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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