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!
|--||New Value: $1,998,000|
|11/19/2018 4:46:55 PM||New Value: Active|
|7/12/2018 9:18:00 PM|