Property profile

15709 Bellflower Blvd Bellflower, CA 90706

OFF-MARKET
Investment properties
Property ID
US09-6432885
3,779 SF 0.15 ac lot Built 1950
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Construction WOOD
Total area 3,779 SF
Lot 0.15 ac (6,337 SF)
Zoning code BFCG*
APN 6271-033-005
UPID US09-6432885

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

15709 Bellflower Blvd Bellflower, CA 90706-3822
Bellflower metro Census 554002 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$514k
Blend (final) Blend
$685k

Owner & transaction history

since 2022
Last sale
$710,007
3 recorded transactions
2022
$710,000
2022
Price N/A
1996
Price N/A

Zoning & alternative use

BFCG* · Bellflower, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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