10054 Alondra Blvd
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10054 Alondra Blvd
5,260 SF 100% Leased Office Building Bellflower, CA 90706 £1,173,561 (£223/SF) 3.55% Net Initial Yield
Investment Highlights
- Location Beutiful Office Building Pride of Ownwership.
Executive Summary
Big price drop from 1.995M to 1.495M. Corner Property. Great architecture, great looking building, for owner user or owner and tenant user, great investment, located at the southwest corner of Alondra Blvd and cornuta Ave. (a signalized intersection)Great booming development in Bellflower in last five years, condos and retail on Alondra Blvd. Condos and restaurants On Bellflower Blvd. Apartments on Artesia Blvd. etc, cornet lot has about 87 feet of frontage on Alondra Blvd. 115 feet along Cornuta Ave. with a rounded corner of 24 feet, the parcel is 13,211 square feet. improvemnts comprise of a two-story wood frame and stuccco office building that has 5,260 square feet of gross building area (as per the assessor) the multi-tenant office building was constructed in 1987, with exterior stairs and exterior office suite entries. There are currently six office suites, most recently four offices have been renovated with new bathrooms, new laminate flooring and professionally painted, each unit has its own bathroom and HVAC System, individually metered for gas and electricity. adjacent concrete parking lot for 26 cars. (Sellers are Real Estate Agents/brokers, Selling Agent is related to sellers and is part owner)
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,260 SF
Building Class
C
Year Built
1987
Price
£1,173,561
Price Per SF
£223
Net Initial Yield
3.55%
NOI
£41,677
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,630 SF
Slab to Slab
9 ft
Building FAR
0.40
Land Acres
0.30 AC
Zoning
BFCOPD* - It is Zoned for commercial land uses including Office
Parking
28 Spaces (5.32 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Route
- Signage
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Walk Score ®
Very Walkable (80)
PROPERTY TAXES
Parcel Number | 7109-004-001 | Improvements Assessment | £909,790 |
Land Assessment | £606,523 | Total Assessment | £1,516,314 |
PROPERTY TAXES
Parcel Number
7109-004-001
Land Assessment
£606,523
Improvements Assessment
£909,790
Total Assessment
£1,516,314
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10054 Alondra Blvd
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