15729 Bellflower Boulevard
$1,250,000
5
5
2,112
2,112
$592
Description
An excellent opportunity to acquire a well-maintained 5-unit mixed-use building in Bellflower, CA. Located at 15729 Bellflower Blvd, this commercial asset was built in 1944. The front building offers two storefront retail/office units on the ground level and two 1 bed + 1 bath apartments on the second story. The back building has been operating for 40+ years as an auto repair shop. Building square footage on title shows 2,112 but the entire square footage including the auto repair shop is estimated...An excellent opportunity to acquire a well-maintained 5-unit mixed-use building in Bellflower, CA. Located at 15729 Bellflower Blvd, this commercial asset was built in 1944. The front building offers two storefront retail/office units on the ground level and two 1 bed + 1 bath apartments on the second story. The back building has been operating for 40+ years as an auto repair shop. Building square footage on title shows 2,112 but the entire square footage including the auto repair shop is estimated to be 4,612 gross rentable square feet. Both buildings are situated on a large 8,607 square foot lot. Recent improvements include new silicone sealant on roofs with a 10-year warranty, two new electrical subpanels and interior renovations to apartment #31 ½. The property is within close proximity to the intersection of Bellflower Blvd and Alondra Blvd and boasts a diverse surrounding tenant mix. Nearby tenants include WaBa Grill, Round Table Pizza, Cold Stone Creamery, O’Reilly Auto Parts, Smart & Final, Panda Express, Jersey Mike’s Subs and US Bank just to name a few. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return. The long-standing auto repair shop provides an exceptional opportunity for a new owner to operate their business in a location with a proven track record for success. One of the best options for a buyer may be to obtain SBA financing, operate in the auto repair space and utilize income from the other rental units to cover expenses and a portion of the loan payments.
- Listed by Justin White • DRE #01267826 • Brokerage DRE #01267826 • Justin White • 714.231.2537
Property Details for 15729 Bellflower Boulevard
Parking Spaces Total
8
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2112
Assessor Parcel Number6271-033-013
Property Attached YNtrue
LISTING UPDATED: 11/06/2024 04:24 AM
Property Details for 15729 Bellflower Boulevard
Status | Active |
---|---|
MLS # | PW24224947 |
Days on Market | 60 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1944 |
Lot Size | 0.20 AC / 8,607 SF |
County | Los Angeles County |
Building Information for 15729 Bellflower Boulevard
Stories2Residences-Year Built1944Building Size-Lot Size0.20 AC / 8,607 SF
Property Information for 15729 Bellflower Boulevard
Property History for 15729 Bellflower Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 15729 Bellflower Boulevard
Taxable ValueLand$56,216Additions$51,110Total$107,326
Tax Record2024$2,200 ($183 / month)
Home Facts
Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtStories1Lot Size8,607 SqFtStyleOffice BuildingYear Built1944ZoningBFCGYYCountyLOS ANGELESAPN6271-033-013
Schools near 15729 Bellflower Boulevard
This home is within Bellflower Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | K to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Washington Elementary School PublicK to 6 | ||
Bellflower High School Public7 to 12 | ||
Bellflower Alternative Education Center PublicK to 12 | ||
Somerset Continuation High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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