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9228 9236 Artesia Boulevard

Bellflower, CA 90706
  • $3,500,000
  • STATUS: Active Under Contract
  • ON SITE: 286 Days
  • ID#: RS23125508
Under Contract
UPDATED: 136 min ago
$3,500,000
  • 0
    BEDS
  • 0.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1961
County:

School Ratings & Info

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


Description

Calling all developers. The current developer wasn't able to perform with a 50 unit permanent supportive housing project where the City was contributing City funds. Please contact Jim Dellalonga (dellalonga@bellflower.org) 562 804-1424 ext. 2224 the Head of the City Economic development of Bellflower. The City is looking for a new developer to work with. 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-24T15:40:26.007. 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 Pometto Team Realty | Compass. Licensed in the State of California, USA.
www.carlsbadsearch.com/homes/141416600
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9228 9236 Artesia Boulevard Bellflower, CA 90706

  • Price: $3,500,000
  • Status: Active Under Contract
  • On Site: 286 Days
  • Updated: 136 min ago
  • ID#: RS23125508
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
Calling all developers. The current developer wasn't able to perform with a 50 unit permanent supportive housing project where the City was contributing City funds. Please contact Jim Dellalonga (dellalonga@bellflower.org) 562 804-1424 ext. 2224 the Head of the City Economic development of Bellflower. The City is looking for a new developer to work with. 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.
Exterior Features

Entry Level 1 Lot Features 16-20 Units/Acre

Interior Features

Heating None Heating YN No

Property Features

Additional Parcels YN Yes Common Interest None Current Financing None Electric Expense 0 Exclusions Sold As-is Gross Scheduled Income 0 Inclusions Sold As-is Insurance Expense 0 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 0 Operating Expense 0 Property Sub Type Mixed Use Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-24T15:40:26.007. 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 Pometto Team Realty | Compass. Licensed in the State of California, USA.
 
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Pometto Team Realty | Compass
5796 Armada Dr., Suite 250
Carlsbad CA, 92008
Listing Agent(s): Gilbert Morales of TCB Real Estate Services (714-330-3108)