Listed by 562-505-6449 - Gilbert Morales - DRE #01784182 - TCB Real Estate Services 714-330-3108
$3,500,000 affordable loan icon Calculate Payment

Artesia Boulevard Boulevard Bellflower, CA 90706

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Mixed Use Residence
Beds
Baths
5,705 Sq. Ft.
0.82 Acre Lot

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Last updated on 11/13/2024 7:30 AM
Calling all developers. The current developer wasn't able to perform with a 50 unit permanent supportive housing project where the City was contributing City funds. Please contact Jim Dellalonga ([email protected]) 562 804-1424 ext. 2224 the Head of the City Economic development of Bellflow...er. The City is looking for a new developer to work with. 9228 - 9236 Artesia Bl Bellflower combined 2 Parcels for sale APN7162012026 APN 7162012025 We need more housing! Perfect for economic development and or affordable housing . The current lot has an existing non-operational motel, 16 total units. current zoning shows m1, however, it may be possible to be zoned as commercial or residential. there are many developments in the local area, don't miss out on this opportunity. buyer to verify with city planning for the actual use. The City is open to allowing a new Hotel Development if both parcels are developed into a 60 to 67 Unit Motel. This new Hotel must be a brand and run professionally. Other Uses for the existing Motel side could be putting garage Doors and making Auto Stalls to lease individually since the current use is industrial for the Vacant Motel Parcel. All information is deemed reliable but not guaranteed. Everyone must verify on their own, the intended use by City of Bellflower. The Broker and seller make no warranty. Both addresses 9228 - 9236 will be sold together and are sold as-is. The approximate combined lot Sq footage is 35,000 square ft. The City said they are about to adopt an ordinance that will allow 30 to 40 Units of low Income to medium Income units on both parcels. Buyer must verify with the City The Broker and seller make no representations or warranties towards this property. Continue reading
MLS#
RS23125508
Property Type
Mixed Use
Status
Active Under Contract
Year Built
1961
Square Feet
5,705 sq. ft
Lot Size
0.82

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Listed by 562-505-6449 - Gilbert Morales - DRE #01784182 - TCB Real Estate Services 714-330-3108
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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This content last refreshed on 11/13/2024 7:30 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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