16213 Clark AveBellflower, CA 90706

Property Details for 16213 Clark Ave

Year built

1961

Construction

WOOD

Lot size

0.12 AC

Property size (Sq ft)

2,366 SF

Zone code

BFCG*

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

7105-023-003

APU

7105023003

Description

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.

• 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

Property Tax & Assessments

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