15729 Bellflower BlvdBellflower, CA 90706

For Sale
$1,250,000
5-Unit Building & Auto Shop, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional mixed-use property in Bellflower, CA, presents a compelling investment opportunity. Located at 15729 Bellflower Blvd, this asset comprises two buildings on a large 8,607 square foot lot. The main building features two ground-floor retail/office spaces and two one-bedroom, one-bathroom apartments upstairs. A separate building, operating as an auto repair shop for over 40 years, adds significant income potential. The total gross rentable square footage is estimated at 4,612 square feet, though the title shows 2,112 square feet. Built in 1944, the property boasts recent improvements including new silicone roof sealant with a 10-year warranty, two new electrical subpanels, and interior renovations to one apartment. The property benefits from a prime location near the intersection of Bellflower Blvd and Alondra Blvd, surrounded by established businesses such as WaBa Grill, Round Table Pizza, and others. With a current NOI of $37,302 and a 2.98% cap rate, and significant upside potential in rental income, this property is ideal for an owner-user seeking to operate the auto repair shop while leveraging rental income from the residential and commercial units. The property's zoning is BFCGYY. The asking price is $1,250,000, with a price per square foot of $271.03. Ample parking is available on the large lot. This presents a rare chance to acquire a well-maintained, income-producing property with substantial growth potential.

Highlights

  • Mixed-use property in Bellflower, CA, combining auto repair, retail/office, and multifamily units.
  • Excellent location at 15729 Bellflower Blvd, near the intersection of Bellflower Blvd and Alondra Blvd.
  • Large 8,607 sq ft lot with ample parking.
  • Significant upside potential in rental income; current NOI $37,302, 2.98% cap rate.
  • Ideal owner-user opportunity, especially for auto-related businesses.

Property Details for 15729 Bellflower Blvd

Property type
Mixed-use properties
Square Feet
4,612 SF
Year Built
1944
Buildings
2
Stories
1

Location Insight

City
Bellflower
County
Los Angeles
State
California
Latitude
33.890248125868
Longitude
-118.1252477312
15729 Bellflower Blvd, Bellflower, California

FAQs

What type of property is this?
Mixed-use property - 5-Unit Building & Auto Shop, High ROI
Where is the mixed-use property located?
The property is located at 15729 Bellflower Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Mixed-use property in Bellflower, CA, combining auto repair, retail/office, and multifamily units.; Excellent location at 15729 Bellflower Blvd, near the intersection of Bellflower Blvd and Alondra Blvd.; Large 8,607 sq ft lot with ample parking.
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15729 Bellflower Blvd
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