16720 Lakewood Boulevard

Bellflower, CA 90706
  • $2,395,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,176

    SqFt

About the Listing CLW-X82410 - CLW-C128038,SBCOOKVIN

We are pleased to present an estimated 20,314 SF commercial lot with 2,176 SF of improvements located in the City of Bellflower. The property is currently occupied by an auto sales with a soon-to-be expiring lease, allowing a new owner the ability to reposition the property. Located along the busy Lakewood Blvd and Flower corridor, the property is well- positioned for an owner-user/investor seeking significant street presence, or for a developer seeking a substantial site for a new development. The City of Bellflower has historically been accommodating to residential developers seeking either a market-rate or an affordable housing development. As a development opportunity, the corner lot allows a developer the ability for easy ingress/egress while building a high-density residential property. As a repositioning opportunity, the property's corner location with 30,000 VPD and being just 3 blocks from the 91 freeway, there's potential to attract a credit-rated tenant once the current lease expires. With its close proximity to the 91, 105, 605, and 710 freeways, the property is well-positioned for any type of investor to take advantage of continued appreciation for years to come. Any Buyer shall complete their own due diligence to determine what the current legal use allowed is for the property. Contact the listing broker for additional information.

Listing Highlights

Status Active
Days on Site 143
Property Type Commercial Sale
MLS ® 26691839
Year Built 1961
Total Square Footage 2,176
Lot/Acreage 0.47

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
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  • Floor:
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  • Below Ground Sq Ft: n/a
  • Basement:
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Exterior Details

  • Lot Description: Corner Lot,Near Public Transit,Rectangular Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 35
  • Zoning: BFCG*
  • Roof:
  • Others:
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Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7105013022
  • Tax Year: N/A

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16720 Lakewood Boulevard Bellflower, CA 90706

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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