Bellflower, CA 90706 17825 Clark Avenue

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Presented By: Jenny Eng with CBRE;
  • MLS# 24400109
  • 06/04/2024
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  • Beds • 11
  • Baths • 8
  • SQFT • 10,041

Home Details

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.
Presented By: Jenny Eng with CBRE;

Interior Features for 17825 Clark Avenue

Bedrooms

Total Bedrooms11

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories

General for 17825 Clark Avenue

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Carport Y/NNo
CityBellflower
CoolingNone
CountyLos Angeles
Days on Market70
Directions17819-17825 Clark Ave. is located in the city of Bellflower just south of the 91 freeway, east of Lakewood blvd., and west of Bellflower Blvd.
Full Baths
Garage Y/NNo
Gross Income191400.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet22101.0
Lot Size UnitsSquareFeet
MLS AreaRF - Bellflower South of 91 Frwy
MobileHomeRemainsYNNo
Net Operating Income111050.0
New ConstructionNo
NumberOfUnitsTotal12
Occupancy TypeTenant
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
View Y/NNo
Waterfront Y/NNo
Year Built1949
ZoningBFR3

Exterior for 17825 Clark Avenue

Building Area Total10041.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.5074
Lot Size Area22101.0
Lot Size SourceAssessor
Number of Buildings11
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking24.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,350,000
MLS#24400109
List Date 06/04/2024
Property Type Multi-Family
Phone 310.658.1749
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