10036 10044 Alondra,Bellflower, CA 90706
Bellflower, CA 90706
Description
*** A RARE Opportunity to ACQUIRE a FULLY ENTITLED & APPROVED 48-unit SENIOR HOUSING DEVELOPMENT in Bellflower California. Offered together with TWO existing INCOME PRODUCING RESIDENTIAL parcels. The existing properties consist of 8-Rental units generating $ 14,540 a month / $ 174,480 yearly. Side note- Rent increases coming in a couple months. This is 2 separate parcels with 1 loan for the entire property. This is your chance to ACQUIRE a fully entitled senior housing development opportunity while benefiting from an existing income producing residential portfolio. Existing rental income provides an immediate income stream while the Buyer/Investor/Developer executes his Strategy for his Future Development with this Entire Property. Buy & Build at your Leisure to maximize terms and market. At $ 3,995,000 Sales Price with a Fully Entitled & Approved 48-units is only $ 83,229 a Door. With an estimated $ 2,150 Rents per unit conservatively for a completely Brand-New Build and all the amenities' totals $ 103,200 a month with yearly total of $ 1,238,400 yearly. Development documentation available to qualified buyers/investors/developers. *** Take a look and the Architectural plans and AERIAL Video showing the front, sides and back of this Project in the Supplement Section. A RARE & WONDERFUL OPPORTUNITY to own a Brand New 48 Unit Senior Housing Development.
Details
| MLS # | PW26204455 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 37 |
| Listing Provided By | Home Base Realty Inc | Rod Austin |
Features
| SQ Feet | 8,709 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 6 |
| Acreage | 0.85 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Up, All Bedrooms Down |
| Window Features | Screens |
| Appliances | Free Standing Range, Refrigerator, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco, Wood Siding |
| Foundation Details | Raised, See Remarks |
| Lot Features | Zero To One Unit Acre, Lawn, Landscaped |
| Fencing | Block, Chain Link, Wood |
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Bellflower |
| Zip Code | 90706 |
| Area | RG Bellflower North of 91 Frwy | S of Alondra |
| Listing VS Median (in 90706) | |
Price: $3,995,000 low | high Med: $799,999 sqft: 8,709 low | high Med: 939 $ / sqft: $459 low | high Med: $852 On site: 37 low | high Med: 54 | |
Market Activity 90706
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Bellflower |
| Zip Code | 90706 |
| Area | RG Bellflower North of 91 Frwy | S of Alondra |
| Listing VS Median (in 90706) | |
Price: $3,995,000 low | high Med: $799,999 sqft: 8,709 low | high Med: 939 $ / sqft: $459 low | high Med: $852 On site: 37 low | high Med: 54 | |
