Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16529 Lakewood Blvd Bellflower, CA 90706

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $750,000

    Commercial property on Lakewood Blvd, ideal for retail or service.

    Lot size:
    0.13 Acres

    Property Features for 16529 Lakewood Blvd

    General Information

    Property type
    Commercial
    Standard status
    Pending
    Lot size
    0.13 Acres

    Building Details

    Year built
    1947

    We can help!

    Listing Contact
    Sofia Chacon
    Sofia Chacon
    Source: Elliman

    Listing Agency: Keller Williams Realty The Lakes Listing Agent: Sofia Chacon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Bellflower Commercial Property For Sale

    This commercial property is located on Lakewood Boulevard in Bellflower. The freestanding building is situated on a 5,816 square foot lot. Currently, the property operates as an auto repair facility and includes car lifts. The business has been established for over 40 years. The property benefits from high-traffic visibility and easy freeway access. It is suitable for retail, office, or service-based businesses and offers potential for growth and redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Tino's Auto Body Repair, PRONTO FLEET MAINTENANCE, Crash Champions Collision Repair Bellflower, Area 51 Kustoms, BENZTEC

    Location Insight

    • Map
    • Local Demand
    City
    Bellflower
    County
    Los Angeles
    State
    California
    Longitude
    -118.1428946
    Latitude
    33.884041

    Nearby Similar for Sale

    • $700,000
      1,680 SF

      Bellflower Commercial Property For Sale

      Commercial property in downtown Bellflower, a developing area.
      16427 Bellflower Blvd, Bellflower, CA 90706
      View Details
    • New
      $1,599,900
      4,950 SF

      Bellflower Quadruplex on Large Lot

      Multi-unit property on a 13,000 sq. ft. lot.
      9324 Mandale St, Bellflower, CA 90706
      View Details
    • $975,000
      1,670 SF

      Income-Producing Triplex Near Downtown Bellflower

      Well-situated 3-unit property with strong rental appeal and long-term value.
      9520 Mayne St, Bellflower, CA 90706
      View Details
    • $1,150,000
      2,930 SF

      Bellflower Live/Work Townhome

      Modern solar-powered townhome with commercial space and rental income.
      9339 Alondra Blvd, Bellflower, CA 90706
      View Details
    • $4,495,000
      11,238 SF

      Bellflower Investment Opportunity

      Multiple detached residences on a 1.14-acre parcel in Bellflower.
      15551 Cornuta Ave, Bellflower, CA 90706
      View Details
    • $3,450,000
      15,040 SF

      Bellflower Office Building For Sale

      Iconic three-story office building in the heart of Bellflower, California.
      16600 Woodruff Ave, Bellflower, CA 90706
      View Details
    • $750,000

      Mixed-Use Property in Thriving Area

      Versatile property suitable for investors, business owners, or owner-users.
      9457 Flora Vista St, Bellflower, CA 90706
      View Details
    • $1,550,000

      Bellflower Commercial Building For Sale

      Commercial building in Bellflower's Town Center District 1.
      16527 Bellflower Blvd, Bellflower, CA 90706
      View Details
    • $3,450,000

      Iconic Bellflower Office Building

      Three-story office building in central Bellflower with freeway access.
      16600 Woodruff Ave, Bellflower, CA 90706
      View Details
    • $699,000
      3,214 SF

      Retail Property in Bellflower, CA

      Retail property available for sale in Bellflower, California.
      9065 Jeff St, Bellflower, CA 90706
      View Details
    • $950,000

      Retail/Automotive Space For Sale

      Retail or auto-related business opportunity with high street exposure.
      9724 Alondra Blvd, Bellflower, CA 90706
      View Details
    • $959,000
      Pending

      Commercial Retail Building with Development Potential

      Centrally located retail building with development possibilities.
      9733 Flower St, Bellflower, CA 90706
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial property on Lakewood Blvd, ideal for retail or service.
    Where is this auto shop located?
    The property is located at 16529 Lakewood Blvd Bellflower, CA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Prime commercial property on Lakewood Blvd in Bellflower.; - Freestanding building on a 5,816 sq ft lot.; - Excellent high-traffic visibility.
    (951) 258-5245
    Request Owner's contact information
    16529 Lakewood Blvd Bellflower, CA 90706
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16529 Lakewood Blvd
    Bellflower, CA 90706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16529 Lakewood Blvd Bellflower, CA 90706
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sofia Chacon
    Sofia Chacon
    Real Estate License ID: 01763659
    (951) 258-5245 (951) 816-6565
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!