For Sale
$1,065,000

8858 Flower StBellflower, CA 90706

High-traffic retail property, great visibility.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Bellflower investment opportunity presents a rare chance to acquire two properties totaling 7,015 sq ft. The main asset is a 1,470 sq ft single-tenant retail storefront located at 8858 Flower St, situated on a high-traffic, signalized intersection at Flower and Lakewood Blvd, offering excellent street visibility and rooftop signage potential. This building, constructed in 1941 and renovated in 2023, boasts ample onsite parking and is zoned Commercial (BFCG*), making it suitable for a variety of retail or office uses. The property includes enclosed yards and an extra-large garage, providing additional storage or workshop space. Currently, the retail space is available for lease. The second parcel, located at 16811 Lakewood Blvd, is a remodeled single-family home with three rooms (two bedrooms plus a den and covered patio), currently tenant-occupied with a monthly rent of $2,550. Both properties, with a combined 100 ft of frontage on Lakewood Blvd, are being sold together for $1,065,000, representing a 6.00% pro-forma cap rate. The property is a value-add investment, offering potential for owner-user occupancy, leasing both properties, or future development. The location provides easy access to the 91 Freeway, enhancing its appeal and potential. This offering presents a unique opportunity for investors seeking a strong return and significant upside potential in a prime Bellflower location. APN numbers are 7107008044 & 7107008045.

Highlights

  • High-traffic, signalized corner retail building (1,470 SF) at Flower & Lakewood Blvd with rooftop signage potential.
  • Ample onsite parking, enclosed yards, and extra-large garage; Commercial (BFCG*) zoning.
  • Two parcels totaling 7,015 SF with 100 ft of combined Lakewood Blvd frontage.
  • Tenant-occupied single-family home (3 rooms, covered patio) with $2,550/month rent.
  • Owner-user, leasing, or redevelopment potential; 6.00% pro-forma cap rate; near 91 Freeway.

Property Details for 8858 Flower St

Property type
Retail properties, Retail space
Square Feet
1,470 SF
Year Built/Renovated
1941/2023
Buildings
2
Stories
1

Location Insight

City
Bellflower
County
Los Angeles
State
California
Latitude
33.8817318
Longitude
-118.142966
8858 Flower St, Bellflower, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8858 Flower St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message