$1,670,000
$1,670,000
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6203 Bellflower BLVD Lakewood, CA 90713
0.67 Acres Lot
Key Details
Sold Price $1,670,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22219240
Sold Date 02/03/23
HOA Y/N No
Year Built 1970
Lot Size 0.673 Acres
Property Sub-Type Retail
Property Description
**Probate Sale** The sale of this property consists of two parcels and it will NOT be sold separately. 6203 Bellflower Blvd., Lakewood, CA 90713 (APN: 7167-034-020) which consists of 17,869 sq.ft & 6205 Bellflower Blvd., Lakewood, CA 90713 (APN: 7167-034-019) which consists of 11,463 sq. ft. The subject project is a corner lot with a combined total of 29,332 square feet. Of these 29,332 sq.ft, the back part of both parcels have easements with City of LA Water and Power which takes over 14,400 sq.ft. Those 14,400 sq.ft are being used and have been allowed to be used as a parking lot for up to 65 vehicles. Total sq.ft with no easement consists of 14,932 sq.ft between both parcels. The building on the corner parcel consists of 2,415 sq.ft and is being used as a restaurant collecting $8,331 in monthly rental income. Great investment opportunity with development upside.
Location
State CA
County Los Angeles
Area Mayf - Mayfair
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 65
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 7167034020
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Financing Other
Special Listing Condition Probate Listing
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Bought with Georgia Stavropoulos • Nueva Real Estate