9631 Artesia Blvd
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9631 Artesia Blvd
1,624 SF Retail Building Bellflower, CA 90706 $1,591,150 CAD ($980 CAD/SF) 5.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Close to 91 and 605 Freeways
- Located in thriving commercial area
- Medical, In-N-Out Burger and other high-traffic commercial establishments nearby
- Lucrative investment opportunity
EXECUTIVE SUMMARY
Take advantage of this commercial BFCG-zoned property on Artesia Blvd in the heart of Bellflower. The zoning allows for the constructions of 6 or more retail units, depending on parking allowances, offering immense potential for future development. Situated on a 9,802 square foot lot, this property presents a lucrative investment opportunity with strong potential for rental income.
The city of Bellflower permits new retail buildings on this lot, but the buyer will need to submit a development plan through their own architect. The current building on the property is well-maintained, making it flexible for immediate use as owner business or as a rental property.
The city of Bellflower permits new retail buildings on this lot, but the buyer will need to submit a development plan through their own architect. The current building on the property is well-maintained, making it flexible for immediate use as owner business or as a rental property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,624 SF
Building Class
B
Year Built
1942
Price
$1,591,150 CAD
Price Per SF
$980 CAD
Cap Rate
5.20%
NOI
$82,740 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.16
Lot Size
0.23 AC
Zoning
BFCG* - General Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
84 ft on Artesia Blvd
AMENITIES
- Fenced Lot
- Pylon Sign
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7161-003-009 | Improvements Assessment | $379,363 CAD |
| Land Assessment | $758,727 CAD | Total Assessment | $1,138,090 CAD |
PROPERTY TAXES
Parcel Number
7161-003-009
Land Assessment
$758,727 CAD
Improvements Assessment
$379,363 CAD
Total Assessment
$1,138,090 CAD
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9631 Artesia Blvd
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