17660 Lakewood BlvdBellflower, CA 90706

Property Details for 17660 Lakewood Blvd

Year built

1972

Construction

WOOD

Lot size

1.23 AC

Property size (Sq ft)

18,343 SF

Zone code

BFM1*

Property type

Medical offices

Property subtype

Medical centers

APN

7162-010-052

APU

7162010052

Description

This exceptional 9,430-square-foot retail space is ideally situated at 17660 Lakewood Boulevard in Bellflower, California, within Los Angeles County (zip code 90706). The property offers a single-tenant occupancy, presenting a unique opportunity for a business seeking a substantial and highly visible location. The building's total square footage is 9,430 square feet, all of which is currently vacant, providing immediate occupancy for a new tenant. The property boasts convenient access and ample parking, with a 5/1000 parking ratio. This translates to a significant number of parking spaces available for customers and employees, ensuring ease of access and convenience. Furthermore, the building is equipped with elevators, enhancing accessibility for all patrons and staff. The property's prime location in Bellflower offers excellent visibility and exposure to high traffic volumes, making it an ideal location for a variety of retail businesses. This single-tenant retail space presents a rare opportunity to establish a strong presence in a thriving community. The property is categorized as commercial retail and is ready for immediate lease. Interested parties are encouraged to inquire further to explore this exceptional opportunity. The property is located at 33.8714033 latitude and -118.1423032 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $4,519,691

  6.5%

  $4,172,022

  7%

  $3,874,021

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,851,050

  Geo Method

  $5,851,050

• Alternative Use

  Use

  Valuation

  Residential

  $5,173,308

  Hospitality

  $4,738,722

  Educational

  $3,942,561

  Medical

  $4,078,152

  Retail

  $6,132,873

Location Insight

City

Bellflower

County

Los Angeles

State

California

Latitude

33.8716

Longitude

-118.142

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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