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$950,000
Est. payment /mo
5,362 Sqft Lot
UPDATED:
12/05/2024 03:26 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24416425
HOA Y/N No
Year Built 1961
Lot Size 5,362 Sqft
Property Description
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 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.
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Zoning BFCG*
Interior
Heating Central
Fireplace No
Exterior
Community Features Gated
Total Parking Spaces 5
Building
Story 1
Others
Tax ID 7105023003
Security Features Gated Community
Financing Conventional
Special Listing Condition Standard
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Listed by Darin Spillman • Kidder Mathews of California, Inc.