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16213 Clark Avenue

Bellflower, CA 90706

$950,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1961

calendar_month Built

Property Description

16213 Clark Avenue presents a rare opportunity to acquire a mixed-use building consisting of a vacant one-story professional office building of +/-1,404 square feet and a 2 bedroom 1 bath single family residence of 916 SF. The residential tenant is on a month-to-month lease paying $1,795/month. Bellflower does not have rent control and is only governed by state rent control, affording annual rent increases of up to 8.8%. The single family residence also has a 759 square foot 2-car garage + storage space that presents an opportunity to build an additional dwelling unit (ADU). The office building is in vanilla shell condition, offering a tenant or owner-user a rent-ready space and quick move-in time. The space is equipped with central HVAC, monument signage, a security monitoring system, and an attractive front reception area (see floor plans; buyer to verify all square footages and systems). Alternatively, the office space can be utilized as a retail store or showroom, with over 42 feet of frontage on Clark Avenue, a commercial corridor that sees over 16,000 vehicles passing by daily. An owner-user who occupies the commercial space can qualify for up to 90% SBA financing and either lease out the residential unit or occupy it as well. The property's Bellflower location in southeast L.A. County allows for easy access to the 91, 605, 105, and 710 Freeways.

Listing Information

List Price $950,000
Status Active
MLS 24416425
HOA $0
Type Commercial
Subtype Mixed Use
Year Built 1961
Lot Size 5,361
Structure Size N/A
DOM 76
Courtesy Of Kidder Mathews of California, Inc.
Listing Agent Darin Spillman DRE#01366902
Co-Listing Agent Jack Tanner DRE#01383525

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

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king_bed N/A
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Listing information courtesy of: Darin Spillman, Jack Tanner, Kidder Mathews of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 15th, 2024 at 12:42 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.