Irina Teilore
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16720 Lakewood Boulevard, Bellflower, CA 90706

$2,395,000
  • 16720 Lakewood Boulevard, Bellflower, CA 90706 Main Photo

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New to the Market Active
MLS#26691839
STATUSActive PROPERTY TYPECommercial - Business

Listing Courtesy of: Kidder Mathews of California, Inc.
Agency Phone: 858-369-3010
Associate Name: Casey Lins
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Irina Teilore


Property Description

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.

16720 Lakewood Boulevard | MLS# 26691839

This commercial property located at 16720 Lakewood Boulevard, Bellflower, CA 90706 is currently listed for sale with an asking price of $2,395,000. Search Bellflower real estate on irinat.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.47 Acres
Stories: 1.0
Year Built: 1961

Feature Descriptions

Days on Site: 2
Lot: Corner Lot, Near Public Transit, Rectangular Lot
Parcel#: 7105013022

Listed By / Shown By

Listed By

Agency Name: Kidder Mathews of California, Inc.
Agency Phone: 858-369-3010
Agent Name: Casey Lins

agent picture

Shown By

Agent Name: Irina Teilore
Agent Phone: (805) 439-2547 ext. 24
Agency Title: Farrell Smyth, Inc.

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