16211-16213 Clark Ave, Bellflower, CA 90706
2,382 SF | Retail Building | Bellflower, CA 90706 | $950,000 ($399/SF)
For Sale
Active
Asking Price $950,000
- Property Type
-
Retail
- Square Feet
- 2,382 SF
- Price / Square Foot
- $399
Listing Contacts
Darin Spillman
Property Overview
16213 Clark Avenue presents a rare opportunity to acquire a mixed-use building consisting of a vacant one-story professional office building of +/-1,404 square feet and a 2 bedroom 1 bath single family residence of ±916 SF.
The residential tenant is on a month-to-month lease paying $1,795/month. Bellflower does not have rent control and is only governed by state rent control, affording annual rent increases of up to 8.8%.
The single family residence also has a 759 square foot 2-car garage + storage space that presents an opportunity to build an additional dwelling unit (ADU).
The office building is in vanilla shell condition, offering a tenant or owner-user a rent-ready space and quick move-in time. The space is equipped with central HVAC, monument signage, a security monitoring system, and an attractive front reception area (see floor plans; buyer to verify all square footages and systems).
Alternatively, the office space can be utilized as a retail store or showroom, with a “Very Walkable” walk score of 86, and over 42 feet
of frontage on Clark Avenue, a commercial corridor that sees over 16,000 vehicles passing by daily.
An owner-user who occupies the commercial space can qualify for up to 90% SBA financing and either lease out the residential
unit or occupy it as well.
The property’s Bellflower location in southeast L.A. County allows for easy access to the 91, 605, 105, and 710 Freeways.
The residential tenant is on a month-to-month lease paying $1,795/month. Bellflower does not have rent control and is only governed by state rent control, affording annual rent increases of up to 8.8%.
The single family residence also has a 759 square foot 2-car garage + storage space that presents an opportunity to build an additional dwelling unit (ADU).
The office building is in vanilla shell condition, offering a tenant or owner-user a rent-ready space and quick move-in time. The space is equipped with central HVAC, monument signage, a security monitoring system, and an attractive front reception area (see floor plans; buyer to verify all square footages and systems).
Alternatively, the office space can be utilized as a retail store or showroom, with a “Very Walkable” walk score of 86, and over 42 feet
of frontage on Clark Avenue, a commercial corridor that sees over 16,000 vehicles passing by daily.
An owner-user who occupies the commercial space can qualify for up to 90% SBA financing and either lease out the residential
unit or occupy it as well.
The property’s Bellflower location in southeast L.A. County allows for easy access to the 91, 605, 105, and 710 Freeways.
Property Details
- Class
- C
- Year Built
- 1961
- Stories
- 1
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 5,227 SF
Highlights
- Mixed-Use: Office or Retail + SFR
- Live-Work opportunity
- Median Bellflower home value is $825K per public records
- Commercial space is in vanilla shell condition / rent or occupy-ready
- Well amenitized with HVAC system, abundant natural light, security monitoring system
- ADU potential with 759 SF garage + storage
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