Listed by Darin Spillman - DRE #01366902 - Kidder Mathews of California, Inc. 310-312-2800 Listing Courtesy of: DRE #01383525

16213 Clark Avenue Bellflower, CA 90706

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Mixed Use Residence
Beds
Baths
2,366 Sq. Ft.
0.12 Acre Lot

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Last updated on 11/13/2024 7:18 AM
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. Bell...flower 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. Continue reading
MLS#
24416425
Property Type
Mixed Use
Status
Year Built
1961
Square Feet
2,366 sq. ft
Lot Size
0.12

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Listed by Darin Spillman - DRE #01366902 - Kidder Mathews of California, Inc. 310-312-2800 Listing Courtesy of: DRE #01383525
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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