9228 Artesia Boulevard, Bellflower, CA 90706

$3,500,000
List Price
$3,500,000
MLS#
RS22147993
Status
ACTIVE
Type
Multifamily

Property Description

9228 - 9236 Artesia Bl Bellflower 2 Parcels for sale. Attention developers, investors, rare development opportunity awaits you in the bustling city of bellflower. 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.

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Courtesy of TCB Real Estate Services, Gilbert Morales.