17047 Bellflower Blvd Bellflower, CA 90706
- Retail space
- 8,455 SF
- 0.26 lot acres
Current Use by Public Records
- Designer Furniture / Furniture Store
- Mopedic Mattress / Bedroom Furniture Store / Children'S Furniture Store
- The Super Seven S7 / Party Equipment Rental Service
- David Heating & Air Conditioning / Hvac Contractor
Property Details for 17047 Bellflower Blvd
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.26 lot acres
- Property size
- 8,455 SF
- Zone code
- BFCG*
- Property type
- Retail space
- APN
- 7110-025-019
- APU
- 7110025019
Description
This exceptional mixed-use property in Bellflower, CA, presents a compelling investment opportunity. Located at 17047 Bellflower Boulevard and 9747 Park Street, the offering encompasses a substantial 9,706 square-foot complex. The main component is an 8,955 square-foot multi-tenant retail building boasting four commercial units and twelve convenient on-site parking spaces. Its prime location on Bellflower Boulevard ensures high visibility and excellent street exposure within a densely populated area, maximizing potential customer traffic. The property also includes a charming 754 square-foot Spanish-style single-family home situated at 9747 Park Street. This unique addition offers diverse investment strategies. An owner-occupant could reside in the home while managing the retail spaces or operating a business from one unit. Alternatively, the home could be rented out, generating additional income alongside the commercial property's rental revenue. The property's strong location and versatile configuration make it an ideal long-term investment, offering significant potential for increased returns through operational efficiencies and rental income. The 0.4-acre lot provides ample space for the existing structures and potential future development. The asking price for this exceptional property is $2,795,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $345,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $395,000
- Mixed-Use
- $370,000
- Hospitality
- $375,000
- Educational
- $435,000
- Residential Income
- $355,000
- Energy
- $335,000
- Income-Based Land
- $400,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Bellflower
- County
- Los Angeles
- State
- California
- Longitude
- -118.126
- Latitude
- 33.879
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA