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9228 9236 Artesia Boulevard

Bellflower, CA 90706
  • $3,500,000
  • STATUS: Active
  • ON SITE: 336 Days
  • ID#: RS22147993
UPDATED: 67 min ago
$3,500,000
  • 0
    BEDS
  • 0.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Gilbert Morales of Tcb Real Estate Services (714-330-3108)


Description

9228 - 9236 Artesia Bl Bellflower combined 2 Parcels for sale APN7162012026 APN 7162012025 We need more housing! Perfect for economic development and or affordable housing . The current lot has an existing non-operational motel, 16 total units. current zoning shows m1, however, it may be possible to be zoned as commercial or residential. there are many developments in the local area, don't miss out on this opportunity. buyer to verify with city planning for the actual use. The City is open to allowing a new Hotel Development if both parcels are developed into a 60 to 67 Unit Motel. This new Hotel must be a brand and run professionally. Other Uses for the existing Motel side could be putting garage Doors and making Auto Stalls to lease individually since the current use is industrial for the Vacant Motel Parcel. All information is deemed reliable but not guaranteed. Everyone must verify on their own, the intended use by City of Bellflower. The Broker and seller make no warranty. Both addresses 9228 - 9236 will be sold together and are sold as-is. The approximate combined lot Sq footage is 35,000 square ft. The City said they are about to adopt an ordinance that will allow 30 to 40 Units of low Income to medium Income units on both parcels. Buyer must verify with the City The Broker and seller make no representations or warranties towards this property. Since there are 2 parcels, the Owner will Consider splitting the lots price TBD

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/130625862
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9228 9236 Artesia Boulevard Bellflower, CA 90706

  • Price: $3,500,000
  • Status: Active
  • On Site: 336 Days
  • Updated: 67 min ago
  • ID#: RS22147993
0
Beds
0
Baths
0
½ Baths
0.82
Acres
1961
Built
Neighborhood:
RF - Bellflower South of 91 Frwy
County:
Los Angeles
Area:
RF - Bellflower South of 91 Frwy
Property Description
9228 - 9236 Artesia Bl Bellflower combined 2 Parcels for sale APN7162012026 APN 7162012025 We need more housing! Perfect for economic development and or affordable housing . The current lot has an existing non-operational motel, 16 total units. current zoning shows m1, however, it may be possible to be zoned as commercial or residential. there are many developments in the local area, don't miss out on this opportunity. buyer to verify with city planning for the actual use. The City is open to allowing a new Hotel Development if both parcels are developed into a 60 to 67 Unit Motel. This new Hotel must be a brand and run professionally. Other Uses for the existing Motel side could be putting garage Doors and making Auto Stalls to lease individually since the current use is industrial for the Vacant Motel Parcel. All information is deemed reliable but not guaranteed. Everyone must verify on their own, the intended use by City of Bellflower. The Broker and seller make no warranty. Both addresses 9228 - 9236 will be sold together and are sold as-is. The approximate combined lot Sq footage is 35,000 square ft. The City said they are about to adopt an ordinance that will allow 30 to 40 Units of low Income to medium Income units on both parcels. Buyer must verify with the City The Broker and seller make no representations or warranties towards this property. Since there are 2 parcels, the Owner will Consider splitting the lots price TBD
Exterior Features

Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Heating None Heating YN No

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency Both Parcels To Be Sold Together 9228-9236 Artesia Bl Current Financing None Electric Expense 0 Exclusions Sold As-Is Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Inclusions Sold As-Is Insurance Expense 0 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 0 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays NoneTaxes Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Bfm1*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Gilbert Morales of Tcb Real Estate Services (714-330-3108)