13407 Woodruff AveBellflower, CA 90706

Property Details for 13407 Woodruff Ave

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

0.35 AC

Property size (Sq ft)

6,184 SF

Zone code

BFCN*

Property type

Retail properties

Property subtype

Retail space

APN

6281-011-021

APU

6281011021

Description

This exceptional 6,184 square foot retail property, located at 13407 Woodruff Avenue in Bellflower, CA, presents a unique investment opportunity. Situated on a 0.35-acre corner lot, this single-story, concrete-reinforced building boasts high visibility and significant daily traffic exceeding 12,000 vehicles. Originally four independent units, the space was later combined into a large restaurant/bakery. The current configuration offers a blank canvas for a new owner-operator to create a large-scale restaurant or bakery, or to easily revert to a multi-tenant retail strip center. The property includes 20 on-site parking spaces, providing a 3.23:1,000 parking ratio. Its prime location offers easy access to Interstates 105, 605, and 710, placing it within convenient reach of Long Beach and other nearby communities. The property's potential for a multi-unit investment boasts a projected cap rate of 4.7%. A variety of restaurant and bakery equipment is also available for purchase separately. This Bellflower location offers proximity to numerous neighborhood restaurants and shopping options, making it an ideal spot for a thriving business. The high visibility and substantial traffic volume make this a compelling investment for both owner-operators and investors seeking a strong return.

• CAP approach

  CAP return

  Valuation

  6%

  $2,611,572

  6.5%

  $2,410,682

  7%

  $2,238,490

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,963,392

  Geo Method

  $2,963,392

• Alternative Use

  Use

  Valuation

  Residential

  $2,033,500

  Hospitality

  $1,862,675

  Educational

  $1,549,724

  Medical

  $1,603,021

  Retail

  $2,410,682

Location Insight

City

Bellflower

County

Los Angeles

State

California

Latitude

33.9095

Longitude

-118.117

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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