8558 Park, Bellflower, California 90706, Bellflower, 90706 - 2 bed, 1 bath
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Bellflower, California 90706
This High-Potential Investment Opportunity is listed at a List Price of $680,000, positioned well below the $687,900 Fair Market Value by 1%. Featuring $7,900 in Instant Equity, the property offers significant Zoning Development Potential on a 6,921 sq. ft. lot. With a Condition Rating of 4, the home includes essential infrastructure upgrades like copper plumbing and updated electrical. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking long-term redevelopment upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8558 Park Subject | $680,000* List Price | 2 | 1 | 860 | $800 | - |
A 16819 Hayter Sold | $580,000 | 2 | 1 | 760 | $763 | 0.3 mi |
B 8822 Oak St Sold | $575,000 | 2 | 1 | 738 | $779 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property features excellent system upgrades including copper plumbing, updated electrical, and a tankless water heater, the interior remains dated with older kitchen cabinetry and 1950s-style built-in closets. The structure is over 70 years old and requires cosmetic modernization to meet current market standards.
The property's zoning may allow for multi-unit residential development, such as apartments or townhomes, offering investors and builders substantial long-term upside compared to standard single-family lots.
The home features high-value modern improvements including copper plumbing, a tankless water heater, updated electrical wiring/panel, and dual-pane windows, significantly reducing immediate capital expenditure for a buyer.
With nearly 7,000 sq. ft. of land and the primary residence positioned at the front, the property provides a massive backyard that is ideal for ADU construction, expansion, or a large private outdoor retreat.
At only 860 square feet with a 2-bedroom, 1-bathroom layout, the current interior footprint is small and may not accommodate the needs of larger families or those requiring a home office.
The list price reflects the land's development potential rather than the existing structure's size, resulting in a high price-per-square-foot that may be difficult for traditional owner-occupant buyers to justify.
Opportunity meets future potential at 8558 Park St. in the city of Bellflower. This charming 2-bedroom, 1-bath single-family home was built in 1954 and offers approximately 860 sq. ft. of living space on a lot just under 7,000 sq. ft. The property has seen numerous upgrades over the years, including updated electrical wiring and main electrical panel, recessed lighting, dual pane windows, removal of popcorn ceilings, updated flooring, exterior paint, copper plumbing, a tankless water heater, and a reverse osmosis drinking water filtration system. The garage also features 220V outlets, adding flexibility for workshop use, electric vehicle charging, or future needs. The home is positioned toward the front of the lot, leaving a substantial amount of usable backyard space with excellent future potential. What truly sets this property apart is the zoning and development potential. The lot may allow for multiple residential units including apartments, condominiums, and townhomes (buyer to verify with the city). Unlike many properties limited to a standard accessory unit addition, this property may offer the opportunity for a more substantial multi-unit development concept, making it an attractive option for investors, builders, and buyers looking for long-term upside. Perfect for first-time buyers looking to secure a home with future investment potential, investors seeking redevelopment opportunities, or buyers looking to maximize the property’s future use and income potential. Conveniently located near shopping, dining, schools, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 860 | 1,296 | 14% |
| Lot Size | 6,921 | 5,746 | 87% |
| Price | $680.0K | $825.0K | 14% |
| Price per sq ft | $791 | $632 | 86% |
| Built year | 1954 | 1953 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 129 | 6% |
May 15, 2026
$680,000
Initial Listing
Mar 20, 2014
$324,000
Public Record
Jul 1, 2008
$320,000
Public Record