8740 Park StBellflower, CA 90706

  • Industrial properties
  • 7,000 SF
For Sale
$2,275,000 View listing

Property Details for 8740 Park St

Year built
1954
Lot size
0.34 AC
Property size (Sq ft)
7,000 SF
Zone code
BFM1*
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
7107-005-010
APU
7107005010

Description

This exceptional owner-user opportunity presents a 7,000-square-foot industrial building situated on a 14,918-square-foot lot in Bellflower, California. The property, located at 8740 Park Street, boasts a convenient location near the 91 Freeway and Lakewood Boulevard, offering excellent accessibility. Built in 1954 and renovated in 2019, the single-story building features a 16-foot ceiling height and is currently operating as a permitted auto body repair shop – a rare find due to city regulations. The property is zoned M1, providing flexibility for various industrial uses. The fee-simple ownership offers complete control and potential for future appreciation. With its substantial lot size and strategic location, this property represents a compelling investment for both owner-occupants and investors seeking a strong return. The APN is 7107005010. This is a single-unit building with no loading docks or dock-high doors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,974,222
    Hospitality
    $1,808,377
    Educational
    $1,504,548
    Medical
    $1,556,292
    Retail
    $2,340,408
8740 Park St, Bellflower, California

Location Insight

City
Bellflower
County
Los Angeles
State
California
Latitude
33.878
Longitude
-118.146
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,669
$849,183
$536,099
$1,385,282
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