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Bellflower Retail/Office Opportunity
For Sale
$1,975,000

9423 Alondra Blvd, Bellflower, CA 90706

Retail or office storefront in a high-traffic Bellflower location.

Property Size5,858 SF
Lot Size0.24 Acres
Days on Market151

Property Features for 9423 Alondra Blvd

General Information

Standard status Active
Size 5,858 SF
Lot size 0.24 Acres
Property subtype Commercial

Building Details

Building Size 5,858 SF
Year Built 1961
Listing Agency: Together Realty
Listed By: Mitra Zahra · License #01513029
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Together Realty

Investment Insights

Based on property information with market context.

This commercial property, suitable for retail or office use, is available for sale in Bellflower. The property benefits from a location with high street visibility and excellent frontage. Situated in a high-traffic area, the property is surrounded by a mix of local retail shops and restaurants.

Key Highlights

  • Prime location in the heart of Bellflower.
  • Great street visibility with excellent frontage.
  • High traffic area.

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$129,606
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.56%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,592,120 $2.6M
Cap Rate 7%
$1,851,514 $1.9M
Cap Rate 9%
$1,440,067 $1.4M
Market Conditions
NOI Build-Up for 5,858 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$198.2K $33.84/SF
− Vacancy
−$13.1K −$2.23/SF
EGI
$185.2K $31.61/SF
− OpEx
−$55.5K −$9.48/SF
NOI
$129.6K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,592,120
Cap Rate 7%
$1,851,514
Cap Rate 9%
$1,440,067

Alternative Uses

Best Use
Retail
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,606 @ 7.0% cap · market cap 6.56%
Second Best
Office B
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $128,051 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$3.14M
$2.74M – $3.66M (±1% cap)
NOI $219,545 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Veterinary Clinic Gym & Fitness Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90706, CA

79,179
Population
24,499
Households
3.2
Avg Household Size
36
Median Age
20%
College-Educated
78%
High-School Grad
6.1 sq mi
ZIP Area
12,980
Density / Sq Mi
$77,602
Median Household Income
$38,452
Median Earnings
$1,771
Median Rent
$661,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail or office storefront in a high-traffic Bellflower location.
Where is this storefront property located?
The property is located at 9423 Alondra Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Prime location in the heart of Bellflower.; Great street visibility with excellent frontage.; High traffic area.
More about this property
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