Active

17825 Clark Avenue

Bellflower CA, 90706

$2,350,000


$234.04 per sqft

Active

11 Beds

8 Baths

10,041 sqft

Residential

Built in 1949

Listed by Jenny Eng with CBRE 818-907-4606

17819-17831 Clark Ave is a mixed-use property nestled within the vibrant heart of the City of Bellflower, California. Located just south of the 91 freeway, east of Lakewood blvd., and west of Bellflower Blvd., the property offers an investor the opportunity to own a steady piece of real estate in a city within Los Angeles County with a suburban feel and diverse community. The offering is an existing mixed-used multifamily/retail property that is consists of a total 10,041 SF of across 11 buildings on a 22,101 SF lot. The easily-maintained property was constructed in 1949 and 1954 and is comprised of 8 standalone bungalow-style multifamily structures, 4 retail units and a separate laundry facility. The multifamily structures consists of 6 studios/one-bath units and 1 two-bedroom/one bath unit, and 1 three-bedroom/one bath unit. All residential buildings have been upgraded with new roofing, dual-paned windows, and electrical panels. The units are equipped with laminate and tile flooring, a stove, refrigerator, and in-unit heating. Each residential building has a private backyard space and adjacent surface parking spaces. Bellflower is centrally positioned among major freeways, which includes the I-605 and I-91, this investment opportunity provides access to local retail, major business areas, and surrounding amenities. Surrounding neighborhoods include Paramount, Bixby Knolls, Lakewood, Artesia, and Norwalk. Beyond the convenience of major freeways, Bellflower offers an excellent public transportation network. This comprehensive coverage enables individuals to move in and out of the city with relative ease, fostering a sense of connectivity and making Bellflower an ideal location for those who value both local and regional accessibility. Bellflower boasts a mixture of incredible amenities, historical attractions, and delightful local dining options. Standout features include the Los Angeles County Fire Department, Hollywood Sports Paintball & Airsoft Stadium, the Flux Bar, and historical attractions from Bellflower's time as a Dutch Enclave for more than 100 years. Given the property's stable real estate fundamentals, which include its location, 17819-17831 Clark Ave is an excellent investment choice for an investor seeking growth, stability, and a hedge against inflation.

24400109

MLS ID

June 4, 2024

Listed

August 30, 2024

Updated

Map

17825 Clark Avenue
Bellflower CA, 90706

Interior Features

Total Stories

1


Bedrooms

11


Total Bathrooms

8


Interior Features

Ceiling Fan(s)


Appliances

Dryer, Washer


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.51 Acres

Other Property Details

Area Name

RF - Bellflower South of 91 Frwy


Days on Market

8


Garage

No


Parking

Assigned


Parking Total

24


View

No


County

Los Angeles


Pool

No


Zoning

BFR3

Listing Contact: 213-613-3176 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:08 PM UTC

 

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