Back to Search
Bellflower Commercial Lot with Improvements

15804 Lakewood Boulevard Bellflower, CA 90706

15804 Lakewood Boulevard, Bellflower, CA, 90706
$3,650,000
For Sale
Claim this Listing
$3,650,000

28,505 SF commercial lot with existing improvements for sale.

Property Size28,505 SF
Lot Size0.65 Acres
Price / SF$128.05
AddedMar 10, 2024
Days on Market857
Last RefreshJul 3 at 5:16 am

Property Features for 15804 Lakewood Boulevard

General Information

Standard status
Active
Size
28,505 SF
Lot size
0.65 Acres
Property subtype
Land Lot

Listing office Kidder Mathews of California, Inc.

Listing date Mar 10, 2024

Source Compass

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 Kidder Mathews of California, Inc.


Investment Insights

Based on property information with market context.

This commercial lot, estimated at 28,505 square feet, includes 2,242 square feet of improvements and is located in Bellflower. The property is currently occupied by two month-to-month tenants involved in auto repair and auto sales, and features an existing spray paint booth. With 288 feet of frontage along the busy Lakewood Boulevard and Alondra Boulevard corridor, the property offers significant street presence. It is zoned General Commercial, permitting uses such as car washes, auto services, retail, medical facilities, restaurants, offices, hotels/motels, service stations, and churches, among others. Its location provides convenient access to the 91, 105, 605, and 710 freeways. This site is suitable for an owner-user seeking high visibility or a developer planning a new project. The property is well-positioned for continued appreciation.

Key Highlights

  • Significant street frontage (288 feet) on the busy Lakewood Blvd and Alondra Blvd corridor.
  • Large commercial lot (estimated 28,505 SF) suitable for owner‑users or developers.
  • Zoned General Commercial, permitting a wide range of uses including car washes, auto, retail, medical, restaurants, offices, and hotels.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $506.2k $17.76
− Vacancy −$30.4k −$1.07
EGI $475.9k $16.69
− OpEx −$142.8k −$5.01
NOI $333.1k $11.69
28,505 SF · lease $17.76/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$9.01M
$7.88M – $10.51M (±1% cap)
NOI $630,661 @ 7.0% cap · market cap 17.28%
Second Best
Office B
$8.90M
$7.79M – $10.38M (±1% cap)
NOI $623,096 @ 7.0% cap · market cap 17.07%
Theoretical Best
Office A
$15.26M
$13.35M – $17.81M (±1% cap)
NOI $1,068,303 @ 7.0% cap · market cap 29.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Atlantic Body Shop Auto Repair Shop M & R Auto ... Car Wash

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Veterinary Clinic Acupuncture Daycare Center Accounting Firm

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

FAQs

What type of property is this?
Commercial land - 28,505 SF commercial lot with existing improvements for sale.
Where is this commercial land located?
The property is located at 15804 Lakewood Boulevard Bellflower, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Significant street frontage (288 feet) on the busy Lakewood Blvd and Alondra Blvd corridor.; Large commercial lot (estimated 28,505 SF) suitable for owner‑users or developers.; Zoned General Commercial, permitting a wide range of uses including car washes, auto, retail, medical, restaurants, offices, and hotels.
Contact an agent
More about this property
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