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Three-Space Storefront Property
For Sale
$1,400,000

16527 Bellflower Boulevard, Bellflower, CA 90706

Flexible commercial layout with customer parking immediately behind the building.

Property Size5,000 SF
Price / SF$280
Days on Market416

Property Features for 16527 Bellflower Boulevard

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail
Zoning Town Center District 1
Occupancy 36%

Amenities

3
TC1

Building Details

Year Built 1946
Buildings 1
Tenancy Multi
Listing Agency: Real Broker LLC
Listed By: Real Brokerage Technologies · License #01407137
Source: Xome
Added: Jul 11, 2025 Changed: Aug 30 Last Checked: Apr 24 at 6:27PM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

This storefront property at 16527 Bellflower Blvd is configured as three separate commercial spaces, supporting a range of retail, office, and restaurant applications identified for the building. Two spaces are currently vacant, representing 64% of the total building and providing an owner-user component within the property’s existing layout.

Public parking is positioned directly behind the building for convenient access by customers and employees. The property is located in Bellflower’s Town Center District 1, with the address placing it within an established commercial setting along Bellflower Blvd.

Key Highlights

  • Three separate commercial spaces within the building
  • Two spaces vacant, representing 64% of the building
  • Retail, office, and restaurant use potential identified

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
$118,525
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
8.47%
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%
$2,370,500 $2.4M
Cap Rate 7%
$1,693,214 $1.7M
Cap Rate 9%
$1,316,944 $1.3M
Market Conditions
NOI Build-Up for 5,000 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
$169.2K $33.84/SF
− Vacancy
−$11.2K −$2.23/SF
EGI
$158.0K $31.61/SF
− OpEx
−$39.5K −$7.90/SF
NOI
$118.5K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
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%
$2,370,500
Cap Rate 7%
$1,693,214
Cap Rate 9%
$1,316,944

Alternative Uses

Best Use
Specialty Retail
$1.69M
$1.48M – $1.98M (±1% cap)
NOI $118,525 @ 7.0% cap · market cap 8.47%
Second Best
Retail
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,623 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M (±1% cap)
NOI $187,389 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Fantasy Cakes Bakery Bakery

Suggested Use

Top Pick Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Law Firm Grocery & Convenience Store Gym & Fitness Center

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

Lease Details

36%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,785
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Marlene's Flower Shop 17420 Clark Ave, Bellflower, CA 90706
  • Flower Tree 9525 1/4 flower st, bellflower, ca 90706
  • White House Florist 9855 Flower St, Bellflower, CA 90706
  • Flower Delivery Bell Flower 9830 Belmont St, Bellflower, CA 90706
  • The Flower Company 9921 Maple St, Bellflower, CA 90706

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial layout with customer parking immediately behind the building.
Where is this storefront property located?
The property is located at 16527 Bellflower Boulevard Bellflower, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three separate commercial spaces within the building; Two spaces vacant, representing 64% of the building; Retail, office, and restaurant use potential identified
More about this property
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