10001 Artesia BlvdBellflower, CA 90706

Property Details for 10001 Artesia Blvd

Year built

1962

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

3,135 SF

Zone code

BFM1*

Property type

Office buildings

APN

7161-006-014

APU

7161006014

Description

This exceptional business opportunity presents a chance to acquire a well-established enterprise in Bellflower, California. Located at 10001 Artesia Boulevard, this turnkey operation boasts a prime corner location with excellent freeway access, ensuring high visibility and convenient customer access. The business has enjoyed a remarkable 76-year history in the community, building a loyal customer base that continues to return. The sale includes all assets necessary for immediate operation, encompassing goodwill, furniture, computers, copiers, printers, and signage. The property itself is a leased space totaling approximately 0.34 acres, offering ample room for operations. The layout includes three private offices, a dedicated conference room, a reception area with a front desk, and four additional workstations within the conference room. The current monthly rent is approximately $1500. This is a rare opportunity to acquire a long-standing, successful business with a strong reputation and established clientele, ready for a new owner to continue its legacy. The asking price of $25,000 represents an exceptional value for a complete and ready-to-run business. The seller is retiring, making this a unique chance to step into a thriving enterprise with minimal start-up costs. The property's prominent location and existing signage provide immediate marketing advantages.

• CAP approach

  CAP return

  Valuation

  6%

  $772,460

  6.5%

  $713,040

  7%

  $662,108

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,000,002

  Geo Method

  $1,000,002

• Alternative Use

  Use

  Valuation

  Residential

  $884,169

  Hospitality

  $809,894

  Educational

  $673,823

  Medical

  $696,996

  Retail

  $1,048,169

Location Insight

City

Bellflower

County

Los Angeles

State

California

Latitude

33.8746

Longitude

-118.121

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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