15729 Bellflower Blvd Bellflower, CA 90706-3822

Property Details for 15729 Bellflower Blvd

Year built

1944

Construction

WOOD

Lot size

0.20 lot acres

Property size

2,112 SF

Zone code

BFCGYY

Property type

Investment properties

Property subtype

Live-work space

APN

6271-033-013

APU

6271033013

Description

This exceptional mixed-use property in Bellflower, CA, presents a compelling investment opportunity. Located at 15729 Bellflower Blvd, this asset comprises two buildings on a large 8,607 square foot lot. The main building features two ground-floor retail/office spaces and two one-bedroom, one-bathroom apartments upstairs. A separate building, operating as an auto repair shop for over 40 years, adds significant income potential. The total gross rentable square footage is estimated at 4,612 square feet, though the title shows 2,112 square feet. Built in 1944, the property boasts recent improvements including new silicone roof sealant with a 10-year warranty, two new electrical subpanels, and interior renovations to one apartment. The property benefits from a prime location near the intersection of Bellflower Blvd and Alondra Blvd, surrounded by established businesses such as WaBa Grill, Round Table Pizza, and others. With a current NOI of $37,302 and a 2.98% cap rate, and significant upside potential in rental income, this property is ideal for an owner-user seeking to operate the auto repair shop while leveraging rental income from the residential and commercial units. The property's zoning is BFCGYY. The asking price is $1,250,000, with a price per square foot of $271.03. Ample parking is available on the large lot. This presents a rare chance to acquire a well-maintained, income-producing property with substantial growth potential.

Location Insight

City

Bellflower

County

Los Angeles

State

California

Longitude

-118.126

Latitude

33.8902

CBSA code

31080

CBSA name

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

Property Tax & Assessments