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17223 Lakewood Bl, Bellflower 90706 RF - Bellflower South of 91 Frwy

STATUS: Active Listing ID: DW18171186 Parcel #: 7162002072 LIST PRICE: $2,750,000LIST CONTRACT DATE: 07/26/18 PROP TYPE: Commercial Sale PROP SUB TYPE: Industrial

Recent: 07/25/2018 : NEW

SQFT(SRC): 1,575SQFT LOT: 36,628ACRES: 0.841BUSINESS NAME: BUSINESS TYPE: Auto Dealer, Auto Rent/Lease, Bar/Tavern/Lounge, Car Wash, Commercial, Fast Food, Fitness, Franchise, Furniture, Gas Station, Grocery, Hardware, Health Food, Health Services, Ice Cream/Frozen Yogurt, Industrial, Landscaping, Laundromat, Liquor Store, Multi-Tenant, Other, Parking, Pet Store, Real Estate, Rental, Restaurant, Retail, Special Use, Storage, Warehouse, WholesaleYEAR ESTABLISHED: YEAR BUILT: 1949SLC: StandardLEVELS: 1CURRENT USE: See RemarksACTUAL RENT: RENT MIN - MAX $/SF/YR:NUMBER OF UNITS: ENTRY LEVEL: 1BUILDING STATUS: ExistingOCCUPANCY: OccupiedBUILDING $/PER SQFT: $1,746.03LAND $/PER SQFT:DAYS ON MARKET: 5COUNTY: Los AngelesPARCEL MASTER: INVEST?: Yes A/C?:YesFENCE?: Yes HEAT?:

DESCRIPTIONPrime LOCATION!!!Huge Triple Net Lease possibilities! Perfect for a land developer. Located directly off the 91 freeway exit. Zoning of the property offers a variety of building options. For the surrounding community of Bellflower, CA 90706, the nearby schools are above average and include Captain Raymond Collins, Buena Vista High and Leona Jackson. The overall crime risk for this area is low. The natural disaster risk for this area includes earthquake risk, low tornado risk, and moderate to low flood risk. There is a lease in place until March 2020. A monthly income is received from the Billboard AD. The lot can be used for the following Zone Ordinance: Automobile Sales, Coffee Houses, Drugstore, Grocery Store, Fitness Center, Hardware Store, Movie Theater, Restaurants, and Retail Stores. Perfect for investors and developers.

BUSINESS URL:

BUILDING DETAILS UTILITIES

FEATURES: HEATING: LAUNDRY: NoneCLEARANCE: INDUSTRIAL TYPE:

OFFICE CLASS: ROOFING: FlatSECURITY: Carbon Monoxide Detector(s), Smoke DetectorCONSTRUCTION: BrickLOT: Lot 20000-39999 Sqft

ELECTRICITY: StandardAMPERAGE: VOLTS: UTILITIES: NoneWATER: Public

BUSINESS DETAILS

OWNERSHIP: DAYS / HOURS OPEN: FULLTIME EMPLOYEES: LEASE EXPIRES: EQUIPMENT VALUE:

SPECIAL LICENSES: PART TIME EMPLOYEES ACTUAL RENT: INVENTORY VALUE:

YEARS CURRENT OWNER: HOURS OWNER WORKS: LEASABLE SQFT: MONTHLY NNN: PARKING TOTAL: 30

SQUARE FOOTAGE

7162002071 7162002072

Tenant OccM-F 9am-5pm

March 2020Tenant Owned

$10,000 + $1,500 = $11,500

40+

+/-

17223-17243

Presented By:

Current

CONDO SQFT: HIGH TECH FLEX SQFT: RETAIL SQFT: TOTAL SQFT:

INDUSTRIAL SQFT: INDUSTRIAL MIN/MAX: DIVISIBLE SQFT: LAND $/PER ACRE:

OFFICE SQFT: 1,575OFFICE MIN/MAX: RESIDENTIAL SQFT:

PARKING

PARKING TOTAL: 30UNCOVERED: 30

CARPORT: PARKING RATIO:

LAND

COMMON INTEREST: NoneLAND USE: Industrial, Office, Other, RetailLOT SIZE DIM: TOPOGRAPHY: PARCEL #: 7162002072ADDITIONAL PARCEL(s): No

BUILDER NAME: ZONING: BFM1SURVEY TYPE:

PARK NAME: PHASE: WATERFRONT:

TERMSLEASE RENEWAL OPTION?: ASSIGNABLE: MIN. DOWN AMOUNT: LISTING TERMS: FINANCING: OWNERSHIP TYPE: EXISTING LEASE TYPE: CLOSE DATE: INCLUSIONS: EXCLUSIONS:

OWNER / TENANTOWNERS NAME: Tenant Occ # of UNITS LEASED: 1 MOVE-IN: OWNER PHONE: 5626507398 ANCHORS/Co-TENANTS: 1OWNER PAYS: TENANT PAYS:

FINANCIALGROSS OPERATING INCOME: NET PROFIT: OPERATING EXPENSE: $5,716

ANNUAL EXPENSE INFORMATION ANNUAL OPERATING INFORMATION

EXPENSE YEAR: 0 PROFESSIONAL MANAGER: 0 GROSS SCHEDULED INCOME: $143,716REAL ESTATE TAX: 0 RESIDENT MANAGER: $0 VACANCY ALLOWANCE: $0PERSONAL PROPERTY: $0 MAINTENANCE: $0 LAUNDRY: $0ACCOUNTING/LEGAL: $0 SUPPLIES: $0 OTHER: $0ADVERTISING: $0 OTHER: $0 EFFECTIVE GROSS: 0INSURANCE: $630 BUILDING EXPENSE: $0.00 TOTAL EXPENSE: $5,716ELECTRICITY: $0.00 RESERVES: 0 NET OPERATING INCOME: $138,000WATER/SEWER: $0 INVENTORY VALUE: TRASH: $0

INVESTMENT INFORMATION

ACCOUNTING TYPE: Actual GROSS OPERATING INCOME: VACANCY ALLOWANCE RATE: 0OPERATING EXPENSES: $5,716 NET OPERATING INCOME: $138,000 CAP RATE: 5.02

TAXES

TAX RATE: 0.02 TAX ANNUAL $: $5,086 TAX YEAR:

AGENTLISTING AGENT: Martin Marquez Jr. LISTING AGENT STATE LICENSE: 02012061 LISTING AGENT MLS ID: DWMAMARQCO-LISTING AGENT: Chase Wybenga CO-LISTING AGENT STATE LICENSE: 01952507 CO-LISTING AGENT MLS ID: DWWYBCHA

CONTACT1.CoLA CELL: 562-888-4333 2.CoLA CELL: 562-888-4333 3.LA EMAIL:

[email protected] EMAIL: [email protected] 5.LA CELL: 562-888-4561

OFFICE LISTING OFFICE: Keller Williams Pacific Estates LISTING OFFICE STATE LICENSE: 01952507LISTING OFFICE PHONE: 562-261-0900 LISTING OFFICE FAX: 562-261-0981 LISTING OFFICE MLS ID: DWKWMCO-LISTING OFFICE: Keller Williams Pacific Estates CO-LISTING OFFICE STATE LICENSE: 01952507CO-LISTING OFFICE PHONE: 562-261-0900 CO-LISTING OFFICE FAX: 562-261-0981 CO-LISTING OFFICE MLS ID: DWKWM

MLSBAC: 3% DUAL/VARI COMP?: Yes INTERNET SEND: LISTING?/PRICE?Yes/LISTING CONTRACT DATE: 07/26/18 EXPIRATION DATE: 07/16/19 MOD TIMESTAMP: 07/31/18ON MARKET DATE: 07/26/18 CURRENT FINANCING: None LIST AGRMT: Exclusive Right To SellBAC REMARKS: PRIVATE REMARKS: There is a lease in place until March 2020 at the price of $11,500 a month. A monthly income of $1,500 is received

+/-+/-

36,964

+/-

7162002071 and 7162002072

Yes, March 2020 24 Months

Taxes and Insurance All Utilities

TBD

$143,716 $138,000

Tenant Paid

NA NA

NA

Tenant Paid Tenant Paid

Tenant Paid

$143,716

562-650-7398

[email protected]

562-650-7398

562-650-7398

from the Billboard AD. Lot can be used for the following zone ordinance: Automotive, Coffee Houses, Drugstore, Grocery Store,Fitness Center, Hardware Store, Movie Theater, Restaurant, and Retail Store.SHOWING INSTRUCTIONS: Do not go direct. Do not disturb Tenant. Please call Agent at 562-650-7398

NA NA

Tenant Paid NA

NA

from the Billboard AD.Lot can be used for the following Zone Ordinance: Automobile Sales, Coffee Houses, Drugstore, Grocery Store, Fitness Center, Hardware Store, Movie Theater, Restaurants, and Retail Stores.

SHOWING INFORMATIONSHOW INSTRUCTIONS: Do not go direct. Do no disturb tenant. Please contact agent at 562.888.0488DIRECTIONS: Lakewood Blvd & Artesia Blvd

PHOTOS Click arrow to display photos

Agent Full - Commercial Sale LISTING ID: DW18171186 Printed by Chase Wybenga, State Lic: 02012062 on 07/31/2018 3:05:31 PM

©CRMLS. Information is believed to be accurate, but shall not be relied upon without verification.Accuracy of square footage, lot size and other information is not guaranteed.

All Information Provided by the best of knowledge. Buyer to verify information.

Neighborhood ProfilePage 1 of 5

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Courtesy of Chase Wybenga, Keller Williams Pacific Estates, California Regional MLS

Generated on 07/31/2018

17243 Lakewood Blvd, Bellflower, CA 90706, Los Angeles County

Demographics Based on ZIP Code: 90706

PopulationSummary

Estimated Population: 78,644Population Growth (since 2010): 2.7%Population Density (ppl / mile): 12,875Median Age: 33.82

Household

Number of Households: 24,321Household Size (ppl): 3Households w/ Children: 10,026

Age

Gender Marital Status

HousingSummary

Median Home Sale Price: $404,000Median Year Built: 1963

Stability

Annual Residential Turnover: 11.23%





Occupancy Fair Market Rents (County)

Quality of LifeWorkers by Industry

Agricultural, Forestry, Fishing: 10Construction: 752Manufacturing: 696Transportation and Communications: 135Wholesale Trade: 186Retail Trade: 3,038Finance, Insurance and Real Estate: 656Services: 1,728Public Administration: 1,073Unclassified: 50

Workforce

Household Income

Average Household Income: $64,782 Average Per Capita Income: $20,214





Commute Method Weather

January High Temp (avg °F): 68January Low Temp (avg °F): 46July High Temp (avg °F): 82.9July Low Temp (avg °F): 64.6Annual Precipitation (inches): 15.07

EducationEducational Climate Index (1) Highest Level Attained

Less than 9th grade: 5,782Some High School: 5,572High School Graduate: 14,568Some College: 12,278Associate Degree: 3,659Bachelor's Degree: 5,834Graduate Degree: 1,754

(1) This measure of socioeconomic status helps identify ZIP codes with the best conditions for quality schools. It is based on the U.S. Census Bureau's Socioeconomic Status (SES) measure with weights adjusted to more strongly reflect the educational aspect of social status (education 2:1 to income & occupation). Factors in this measure are income, educational achievement and occupation of persons within the ZIP code. Since this measure is based on the population of an entire ZIP code, it may not reflect the nature of an individual school. (2) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright © 2014 Onboard Informatics. All rights reserved.

Schools Radius: 2 mile(s)

Public - Elementary

Bellflower Unified School District Distance Grades Students Students per Teacher

SchoolDigger.com Rating (1)

Community Rating (2)

Ramona Elementary School 9351 Laurel St 0.66 K-6th 600 23

Craig Williams Elementary School 6144 Clark Ave 0.77 K-6th 660 22

Intensive Learning Center 4718 Michelson St 1.33 K-6th 700 23

Las Flores Home Education Independent Study Academy 10039 Palm St

1.34 K-8th 66 Not Reported

Thomas Jefferson Elementary School 10027 Rose St 1.37 K-6th 560 22

Stephen Foster Elementary School 5223 Bigelow St 1.39 K-6th 700 23





Albert Baxter Elementary School 14929 Cerritos Ave 1.56 K-6th 510 26

Washington Elementary School 9725 Jefferson St 1.59 K-6th 856 17

Frank E. Woodruff Elementary School 15332 Eucalyptus Ave 1.76 K-6th 520 24

Long Beach Unified School District Distance Grades Students Students per Teacher



Mckinley Elementary School 6822 N Paramount Blvd 0.99 K-5th 680 15

1.82 Pre-K-5th 500 14

1.96 K-5th 185 5

Gompers K-8 5206 Briercrest Ave 1.97 K-8th 900 26

Paramount Unified School District Distance Grades Students Students per Teacher



Major Lynn Mokler School 8571 Flower Ave 0.57 Pre-K-5th 700 26

Captain Raymond Collins School 6125 Coke Ave 0.68 K-5th 585 23

Jefferson Elementary School 8600 Jefferson St 1.21 K-5th 400 22

1.57 Pre-K-5th 650 24

Wesley Gaines School 7340 Jackson St 1.67 K-3rd 420 22

Harry Wirtz Elementary School 8535 Contreras St 1.83 Pre-K-5th 800 28

Leona Jackson School 7220 Jackson St 1.84 4th-8th 850 19

Public - Middle/High

Distance Grades Students Students per Teacher



California Advancing Pathways For Students In Los Angeles County 16703 Clark Ave

0.71 9th-12th 250 31

Bellflower Unified School District Distance Grades Students Students per Teacher



Somerset Continuation High School 9242 Laurel St 0.59 10th-12th 156 10

Bellflower Alternative Education Center 16703 Clark Ave 0.71 5th-12th 55 18

Las Flores Home Education Independent Study Academy 10039 Palm St

1.34 K-8th 66 Not Reported

Mayfair High School 6000 Woodruff Ave 1.68 7th-12th 2,668 19

Long Beach Unified School District Distance Grades Students Students per Teacher



Gompers K-8 5206 Briercrest Ave 1.97 K-8th 900 26

Paramount Unified School District Distance Grades Students Students per Teacher



Alondra Middle School 16200 Downey Ave 0.91 6th-8th 967 23

Buena Vista High School 3717 Michelson St 1.3 9th-12th 218 Not Reported

Paramount Alternative Education Center 3701 Michelson St 1.31 9th-12th 67 27

Leona Jackson School 7220 Jackson St 1.84 4th-8th 850 19





Paramount High School - Senior Campus 14429 Downey Ave 1.85 10th-12th 3,792 25

Paramount High School - West Campus 14708 Paramount Blvd 1.98 9th-10th Not Reported

Private

Distance Grades Students Classrooms Community Rating (2)

Creative Day Academy 8740 Ramona St 0.26 Pre-K-1st 90

Giant Steps Children's Center 6951 Obispo Ave 0.83 Pre-K-K 21

St. Bernard School 9626 Park St 0.85 Pre-K-8th 133

Adventist Union School 15548 Santa Ana Ave 1.22 K-8th 30

St. Pancratius Parish School 3601 Saint Pancratius Pl 1.24 Pre-K-8th 156

Southland Christian Academy 16400 Woodruff Ave 1.63 Pre-K-6th 300

Valley Christian Elementary School 17408 Grand Ave 1.73 Pre-K-6th 438

Saint Joseph High School 5825 Woodruff Ave 1.76 9th-12th 581

Our Lady Of The Rosary School 14813 Paramount Blvd 1.91 Pre-K-8th 280

(1) SchoolDigger Ratings provide an overview of a school's test performance. The ratings are based strictly on test score performance for that state's standardized tests. Based on a scale of 1-5. (© 2006-2016 SchoolDigger.com) (2) The community rating is the overall rating that is submitted by either a Parent/Guardian, Teacher, Staff, Administrator, Student or Former Student. There will be only one rating per school. Based on a scale of 1-5. (3) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright © 2014 Onboard Informatics. All rights reserved.

Local Businesses Radius: 1.00 mile(s)

Eating - Drinking Address Phone # Distance DescriptionSubway 17222 1/2 Lakewood Blvd (562) 866-4415 0.03 Restaurants - DeliLittle Caesars Pizza 17226 Lakewood Blvd (562) 920-2477 0.03 PizzaDenny's 17230 Lakewood Blvd (562) 804-1065 0.03 Restaurants - AmericanGranny's Donuts 17246 Lakewood Blvd (562) 920-0090 0.03 DoughnutsStarbucks 17254 Lakewood Blvd (562) 804-5338 0.04 Coffee ShopsThai Kitchen Express 9008 Artesia Blvd (562) 867-8019 0.08 Restaurants - ThaiBottoms Up Bar & Entertainment 9080 Artesia Blvd (562) 920-2012 0.17 BarsNew Wave Restaurant & Bar 17847 Lakewood Blvd (562) 790-8274 0.34 Restaurants - BurgersOrange Cabos LLC 17847 Lakewood Blvd (562) 790-8274 0.34 Restaurants - BurgersNorms Restaurants 17844 Lakewood Blvd (562) 925-0426 0.35 Restaurants - American

Shopping Address Phone # Distance DescriptionEmilio's Beverage Wrhse Inc 17251 Lakewood Blvd (562) 630-8683 0.01 Liquors - RetailFashion Trend 17224 Lakewood Blvd (562) 804-4501 0.03 Department StoresPauline's Human Hair 17443 Lakewood Blvd (562) 602-5500 0.1 Misc ShoppingNu-Way Mattress Corp 8757 Artesia Blvd (562) 633-1883 0.14 BeddingSaunas By Airwall 8739 Artesia Blvd (562) 630-2283 0.17 Hot Tubs And SpasApple Rx Pharmacy 17601 Lakewood Blvd (562) 220-2586 0.18 PharmaciesQuality Booth & Chairs 9070 Artesia Blvd (562) 281-9348 0.19 Furniture - Dealers - RetailDe Ru's Fine Arts 9100 Artesia Blvd (562) 920-1312 0.26 Art Galleries And DealersPit Stop Sticker 17811 Lakewood Blvd (562) 531-8666 0.3 Liquors - RetailNinety Nine Ctr Plus Sprstr 17831 Lakewood Blvd (562) 232-3019 0.35 Retail Shops(1) Powered BY Onboard Informatics. Information IS deemed reliable but NOT GUARANTEED. Copyright © 2014 Onboard Informatics. ALL rights reserved.

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