9228 9236 Artesia Boulevard, Bellflower

$3,500,000

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0 Bed
0 Bath
.82 Acre
0 Garage

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.

Essential Information

MLS® #
RS23125508
Price
$3,500,000
Bathrooms
0.00
Acres
0.82
Year Built
1961
Type
Commercial Sale
Sub-Type
Mixed Use
Status
Active Under Contract

Community Information

Address
9228 9236 Artesia Boulevard
City
Bellflower
County
Los Angeles
Zip Code
90706
Senior Community
N

Area

RF - Bellflower South of 91 Frwy

Interior

Heating
None
# of Stories
1

Exterior

Lot Description
16-20 Units/Acre

Additional Information

Date Listed
July 7th, 2023
Days on Market
312

Listing Details

Agent
Gilbert Morales
Office
TCB Real Estate Services
Property History
Status Changed from Active to Active Under Contract
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 6:10pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.