16213 Clark Avenue , Bellflower, CA 90706
Bellflower, CA 90706
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.
Details
| Mls | 24416425 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Subtype | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 146 |
| Listing Provided By | Kidder Mathews of California, Inc. 310-312-2800 | Darin Spillman |
Features
| Sq Feet | 2,366 |
|---|---|
| Storys | 1 |
| Units | 2 |
| Buildings | 2 |
| Zoning | BFCG* |
| Acreage | 0.12 |
Market Activity 90706
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Bellflower |
| Zip Code | 90706 |
| Area | RG Bellflower North of 91 Frwy | S of Alondra |
| Listing VS Median (in 90706) | |
Price: $950,000 low | high Med: $849,999 SqFt: 2,366 low | high Med: 1,165 $ / SqFt: $402 low | high Med: $730 On Site: 146 low | high Med: 55.000000 | |