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17819-17831 Clark Avenue, Bellflower CA 90706 17819-17827 Clark Ave

10,041 SF 100% Leased Retail Building Bellflower, CA 90706 £1,838,758 (£183/SF)

Investment Highlights

  • STRATEGIC LOCATION
  • EXPANSIVE SPACE
  • AMPLE PARKING
  • VERSATILE USAGE
  • PROXIMITY TO AMENITIES

Executive Summary

CBRE, Inc. is proud to present 17819-17831 Clark Ave nestled within the vibrant heart of the City of Bellflower, California. Located just south of the 91 freeway, east of Lakewood blvd., and west of Bellflower Blvd., the property offers an investor the opportunity to own a steady piece of real estate in a city within Los Angeles County with a suburban feel and diverse community.
The offering is an existing mixed-used multifamily/retail property that is consists of a total 10,041 SF of across 11 buildings on a ±22,101 SF lot. The easily-maintained property was constructed in 1949 and 1954 and is comprised of 8 standalone bungalow-style multifamily structures, 4 retail units and a separate laundry facility. The multifamily structures consists of 6 studios/one-bath units and 1 two-bedroom/one bath unit, and 1 three-bedroom/one bath unit. All residential buildings have been upgraded with new roofing, dual-paned windows, and electrical panels. The units are equipped with laminate and tile flooring, a stove, refrigerator, and in-unit heating. Each residential building has a private backyard space and adjacent surface parking spaces.
Bellflower is centrally positioned among major freeways, which includes the I-605 and I-91, this investment opportunity provides access to local retail, major business areas, and surrounding amenities. Surrounding neighborhoods include Paramount, Bixby Knolls, Lakewood, Artesia, and Norwalk. Beyond the convenience of major freeways, Bellflower offers an excellent public transportation network. This comprehensive coverage enables individuals to move in and out of the city with relative ease, fostering a sense of connectivity and making Bellflower an ideal location for those who value both local and regional accessibility.
Bellflower boasts a mixture of incredible amenities, historical attractions, and delightful local dining options. Standout features include the Los Angeles County Fire Department, Hollywood Sports Paintball & Airsoft Stadium, the Flux Bar, and historical attractions from Bellflower’s time as a Dutch Enclave for more than 100 years. Given the property’s stable real estate fundamentals, which include its location, 17819-17831 Clark Ave is an excellent investment choice for an investor seeking growth, stability, and a hedge against inflation.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,041 SF
Building Class
C
Year Built
1949
Price
£1,838,758
Price Per SF
£183
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.45
Lot Size
0.51 AC
Zoning
R-2/C-G
Parking
24 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
114 ft on Clark Ave

Nearby Major Retailers

Bank of America
Planet Fitness
U.S. Bank
Starbucks
Denny's
NORMS
Crunch
Chase Bank
Sizzler
Grocery Outlet

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7162-006-028
  • 7162-006-030
Land Assessment
£1,088,145
Improvements Assessment
£587,042
Total Assessment
£1,675,186
  • Listing ID: 31940068

  • Date on Market: 28/05/2024

  • Last Updated:

  • Address: 17819-17827 Clark Ave, Bellflower, CA 90706

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