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17825 Clark Avenue $1,998,000

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17825 Clark Avenue Bellflower, CA 90706

  • 0 Beds
  • 0 Baths
  • 10,041 sq.ft.
  • Multi-Family
MLS# CV18168376 | Active

$1,998,000

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Days On Market: 187 2 Views
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Property Details

17831 and 17819 Clark Ave are both included in this portfolio. We are pleased to present two adjacent properties located at 17819 - 17831 Clark Avenue in the city of Bellflower, California. The offering is a mixed-use property that consists of eight detached cottages, four commercial units, and a large parking lot which separates the commercial units from the residential cottages. The 8 residential units consist of six - one-bedroom/one-bathroom cottages, one with 2 beds 1 bath and another one with 3 beds 1 bath cottages. The cottages' rents are under market so there's potential upside and a higher cap. You also have a large lot of 22,094 square foot lot with 10,041 square feet of rentable space. Separate community laundry unit on site as well and the property has individual gas and electric meters. There are 24 parking spaces located between the commercial buildings and the residential rental cottages (2 parking spaces per residential unit and 2 spaces per business units). Clark Avenue offers a great combination of retail stores and apartment buildings; this is a nice mixed-use property with both product types. This is a great Bellflower investment for an investor with upside in rents and cap rate. Come see this beautiful property before it's SOLD!

  • General Features
    • Number Of Units Leased 11
    • Number Of Separate Water Meters 1
    • Number Of Separate Electric Meters 12
    • Number Of Separate Gas Meters 12
    • Number Of Units Total 12
    • YearBuilt 1954
    • County Or Parish Los Angeles
    • Number Of Buildings 10
    • Community Features Sidewalks, Street Lighting
  • Building Features
    • Laundry Features None
  • Property Features
    • Lot Size Acres 0.5
    • Lot Features Lot 10000-19999 Sqft, Near Public Transit
    • Pool Private Y/N 0
    • Pool Features None
    • Parking Total 0.00

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Property History

Date Event Price Percent Change
-- Current Price Source New Value: $1,998,000
11/19/2018 4:46:55 PM Status Changed Source New Value: Active
9/4/2018 7:47:06 PM Status Changed Source New Value: Pending
7/12/2018 9:18:00 PM New in Database Source

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Based on information from California Regional Multiple Listing Service, Inc. as of 1/15/2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.