Realkey.ai
RealKey
‪(213) 433-7766‬

16811 Lakewood Boulevard, Bellflower, California 90706, Bellflower, 90706 - bed, bath

16811 Lakewood Boulevard, Bellflower, California 90706 home-pic-0
ACTIVE$875,000$1,470/sqft
16811 Lakewood Boulevard, Bellflower, California 90706
0Bed
0Bath
1,470Sqft
7,015Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unique Dual-Property Offering: The sale includes both a commercial property and a remodeled single-family home on separate parcels, presenting a versatile live-work or diversified investment opportunity.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7015, other record lot size in square feet = 1219.

Compared to the nearby listings

Price:$875.0K vs avg $1.17M ($-295,000)30%
Size:1,470 sqft vs avg 2,066.5 sqft40%
Price/sqft:$595 vs avg $50470%

More Insights

Built in 1952 (74 years old).
Condition: The property, built in 1952, includes a residential unit described as 'remodeled' and a commercial unit. While the residential bathroom appears to have been updated with modern tiling and vanity, and some rooms feature newer laminate flooring, the kitchen retains older painted cabinets and dated wall paneling, with no visible appliances. Heating is via a wall-mounted unit, indicating an older system. The commercial unit appears to be in a more basic, functional state with dated facilities. Overall, the property is aged, with some components updated but others showing signs of being outdated, requiring minor updates to achieve a more modern standard, particularly in the kitchen and the commercial spaces.
Year Built
1952
Close
-
List price
$875K
Original List price
$899K
Price/Sqft
$595
HOA
-
Days on market
-
Sold On
-
MLS number
PW25278969
Home ConditionFair
Features
Patio
View-

About this home

Tired of paying rent? Dream of owning your own business property and a single family home? Possible SBA financing? Check these two properties out! The listed price is for both properties. It is ideal for owner user operating your business. Property consists of a single family home at 16811 Lakewood Blvd (APN: 7107008045) & one commercial property at 8858 Flower St (APN 7107008044) The listing price is for both properties and both properties must be sold together. Both can be delivered vacant. The commercial property is a rare to find single tenant retail building at a high traffic signalized Intersection at Flower & Lakewood Blvd. It has great street visibility with rooftop signage. It is one of the busiest intersections in Bellflower. Very close to the 91 Freeway. The shop/office space is approximately 760 sqft. It also has enclosed yards and extra large garage space as additional area for storage and work shop. It is zoned Commercial (BFCG*) and has plenty of onsite parking to accommodate many different businesses. The commercial property is currently for lease. It is ideal for a retail store/showroom or office. The remodeled single family home has 3 rooms (2 bedroom plus den plus covered patio) which is on a separate parcel. The single-family home is currently tenant occupied. An owner-user investor may qualify for up to 90% SBA financing or occupy the residential house (on a separate parcel) or lease out one or both properties. Due to its busy signalized location, easy access to 91 freeway, the possibility is endless for either owner occupied or investment or future development. Please call the listing agent for viewing. Seller and Seller’s Broker/Agent do not guarantee accuracy of permits, square footage, room dimensions, lot size, zoning, rent control, use codes, schools, and/or other information concerning the condition or features of the property provided by the seller or obtained from public records and have not been verified by seller or broker. Buyer is advised to independently verify the accuracy of all information and investigate the condition and suitability of all aspects of the property with the appropriate professionals including but not limited to the foregoing. with appropriate professionals.

N
Nan Liu
Listing Agent
Condition Rating
Fair
The property, built in 1952, includes a residential unit described as 'remodeled' and a commercial unit. While the residential bathroom appears to have been updated with modern tiling and vanity, and some rooms feature newer laminate flooring, the kitchen retains older painted cabinets and dated wall paneling, with no visible appliances. Heating is via a wall-mounted unit, indicating an older system. The commercial unit appears to be in a more basic, functional state with dated facilities. Overall, the property is aged, with some components updated but others showing signs of being outdated, requiring minor updates to achieve a more modern standard, particularly in the kitchen and the commercial spaces.
Pros & Cons

Pros

Unique Dual-Property Offering: The sale includes both a commercial property and a remodeled single-family home on separate parcels, presenting a versatile live-work or diversified investment opportunity.
Prime Commercial Visibility: The commercial property benefits from a high-traffic, signalized intersection location with excellent street visibility and rooftop signage, ensuring maximum business exposure.
SBA Financing Potential: Owner-users may qualify for up to 90% SBA financing, making this a highly accessible acquisition for entrepreneurs looking to own their business premises.
Flexible Occupancy & Income Generation: Both properties can be delivered vacant, offering immediate options for owner-occupancy, leasing for income, or strategic future development.
Favorable Commercial Zoning & Parking: The commercial parcel is zoned BFCG* and provides ample onsite parking, accommodating a broad spectrum of business types and operational needs.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7015, other record lot size in square feet = 1219.
Mandatory Joint Sale: The requirement to purchase both properties together may limit the buyer pool, as some investors or owner-users might only be interested in one component.
Extensive Buyer Due Diligence: The listing includes a broad disclaimer, placing significant responsibility on the buyer to independently verify all property details, zoning, and conditions, which could imply unverified aspects or potential risks.
Property Age & Potential Infrastructure: Built in 1952, the properties, despite the residential remodel, may have aging infrastructure that could require future maintenance or upgrades not immediately apparent.
Browse Properties by State Browse housing market trends by state