This exceptional Bellflower, CA property at 16213 Clark Avenue offers a unique blend of commercial and residential income streams. The offering encompasses a vacant, 1,404 square foot, one-story professional office building in "vanilla shell" condition, ready for immediate occupancy by a tenant or owner-user. Features include central HVAC, monument signage, a security system, and an attractive reception area. The building's 42+ feet of frontage on Clark Avenue, a high-traffic commercial corridor with over 16,000 vehicles daily, makes it ideal for retail or showroom use. Additionally, the property includes a 916 square foot, two-bedroom, one-bathroom single-family residence currently leased month-to-month at $1,795 per month. Bellflower's lack of local rent control allows for annual rent increases up to 8.8%, offering significant upside potential. A substantial 759 square foot two-car garage plus storage area on the residential side presents an opportunity to develop an additional dwelling unit (ADU). The property sits on a 0.12-acre lot. Owner-users of the commercial space may be eligible for up to 90% SBA financing. This mixed-use property presents a compelling investment opportunity with strong rental income and significant upside potential. Buyer to verify all square footages and systems.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$582,979
6.5%
$538,135
7%
$499,696
Comparable approach
Method
Valuation
Relative Method
$754,707
Geo Method
$754,707
Alternative Use
Use
Valuation
Residential
$667,287
Hospitality
$611,231
Educational
$508,537
Medical
$526,027
Retail
$791,058
Location Insight
City
Bellflower
County
Los Angeles
State
California
Latitude
33.8868
Longitude
-118.134
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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