Renovated Quadplex with
New
For Sale
$1,595,000
14534 Bellflower Blvd., Bellflower, CA 90706
Four updated apartments offer varied layouts, individual utility meters, laundry facilities, and assigned as well as open parking.
Property Size4,130 SF
Lot Size0.12 Acres
Price / SF$386.20
Days on Market3
Property Features for 14534 Bellflower Blvd.
General Information
Standard status
Active
Size
4,130 SF
Lot size
0.12 Acres
Property subtype
Quadruplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
4
Amenities
on-site laundry room
Building Details
Building Size
4,130 SF
Year Built
1971
Buildings
1
Listing Agency:
Morgan Skenderian
Listed By:
Michael Arp · License #01488586
(714) 262-8992
Source:
Archetyperealty
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 1 at 10:05PM
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 Morgan Skenderian
Investment Insights
Based on property information with market context.
This 1971 quadplex contains 4,130 square feet on a 5,025-square-foot lot. The configuration includes one three-bedroom, two-bath apartment, two two-bedroom, one-bath apartments, and one one-bedroom, one-bath apartment. Renovations completed in recent years include replacement windows, white shaker cabinetry, quartz surfaces in kitchens and bathrooms, plank vinyl flooring, and new appliances.
Residents have access to separately metered utilities, an on-site laundry room, assigned carport spaces, and open parking. The property is located at 14534 Bellflower Blvd. in Bellflower, California, with access to the 605, 105, and 91 freeways. Those routes connect the area with employment centers across the Los Angeles and Long Beach metropolitan regions.
Residents have access to separately metered utilities, an on-site laundry room, assigned carport spaces, and open parking. The property is located at 14534 Bellflower Blvd. in Bellflower, California, with access to the 605, 105, and 91 freeways. Those routes connect the area with employment centers across the Los Angeles and Long Beach metropolitan regions.
Key Highlights
- Four‑unit property with 4,130 square feet on a 5,025‑square‑foot lot
- Unit mix includes one 3‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and one 1‑bedroom/1‑bath apartments
- Apartments renovated within the past few years
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
$72,125
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
4.52%
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%
$1,442,500
$1.4M
Cap Rate 7%
$1,030,357
$1.0M
Cap Rate 9%
$801,389
$801.4K
Market Conditions
NOI Build-Up for 4,130 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
$111.5K $27.00/SF
− Vacancy
−$8.5K −$2.05/SF
EGI
$103.0K $24.95/SF
− OpEx
−$30.9K −$7.48/SF
NOI
$72.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /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%
$1,442,500
Cap Rate 7%
$1,030,357
Cap Rate 9%
$801,389
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$901.6K – $1.20M
NOI $72,125 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$949.4K
$830.7K – $1.11M
NOI $66,455 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$2.21M
$1.93M – $2.58M
NOI $154,783 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,500
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four updated apartments offer varied layouts, individual utility meters, laundry facilities, and assigned as well as open parking.
Where is this quadplex located?
The property is located at 14534 Bellflower Blvd. Bellflower, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Four‑unit property with 4,130 square feet on a 5,025‑square‑foot lot; Unit mix includes one 3‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and one 1‑bedroom/1‑bath apartments; Apartments renovated within the past few years
