10036 10044 Alondra, Bellflower, CA 90706
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$ 3,995,000
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10036 10044 Alondra Bellflower, CA 90706

0.85 Acres Lot


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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26212829

HOA Y/N No

Lot Size 0.846 Acres

Property 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.

Location

State CA

County Los Angeles

Area Rg - Bellflower North Of 91 Frwy, S Of Alondra

Zoning commercial

Interior

Fireplace No

Exterior

Fence Block, Chain Link, Wood

Community Features Curbs, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Building

Lot Description 0-1 Unit/Acre, Lawn, Landscaped

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7109004005

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


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Listed by Rod Austin Home Base Realty Inc #01944483

NEARBY SCHOOLS & PROPERTIES

Georgette Solano

Georgette Solano

Broker Associate License ID: 01817587

+1(562) 222-5847

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10036 10044 Alondra