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Downtown Bellflower Restaurant/Retail Opportunity
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16641 Bellflower Blvd, Bellflower, CA 90706

Fully renovated restaurant/retail property in vibrant downtown Bellflower.

Property Size3,335 SF
Price / SF$584.71
Days on Market286

Property Features for 16641 Bellflower Blvd

General Information

Standard status Active
Size 3,335 SF
Class C
Property subtype Retail
Zoning General Commercial
Investment Type Owner/User

Building Details

Year Built 1926
Year Renovated 2025
Stories 1
Units 1
Listing Agency: Remington RE Services
Listed By: Andre Durango · License #01216158
Source: Crexi
Added: Oct 31, 2025 Changed: Aug 8 Last Checked: Aug 11 at 5:47AM

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 Remington RE Services

Investment Insights

Based on property information with market context.

This completely updated property is located in the heart of Downtown Bellflower, ready for a successful restaurant or retail business. The property benefits from consistent foot traffic and a loyal local community, situated in a dynamic destination that hosts annual events, festivals, and parades. It is located in a popular culinary corridor where people come specifically to dine and socialize. The property features a brand new electrical system, plumbing, energy-efficient doors and windows, and interior and exterior paint. It is a high-visibility corner lot with maximum exposure and ample parking for customers in surrounding lots and streets. The property is move-in ready, requiring no costly renovations. It offers convenient access to the 91, 605, and 105 freeways, making it a convenient destination for customers from across Los Angeles and Orange Counties. The property size is 3335 square feet.

Key Highlights

  • Move‑In Condition: Fully renovated with brand new electrical, plumbing, doors, windows, and paint.
  • High‑Visibility Corner Lot: Offers maximum exposure in downtown Bellflower.
  • Thriving Community Hub: Located in downtown Bellflower, a dynamic destination with annual events and high foot traffic.

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
$79,056
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
4.05%
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%
$1,581,120 $1.6M
Cap Rate 7%
$1,129,371 $1.1M
Cap Rate 9%
$878,400 $878.4K
Market Conditions
NOI Build-Up for 3,335 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
$112.9K $33.84/SF
− Vacancy
−$7.4K −$2.23/SF
EGI
$105.4K $31.61/SF
− OpEx
−$26.4K −$7.90/SF
NOI
$79.1K $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%
$1,581,120
Cap Rate 7%
$1,129,371
Cap Rate 9%
$878,400

Alternative Uses

Best Use
Specialty Retail
$1.13M
$988.2K – $1.32M (±1% cap)
NOI $79,056 @ 7.0% cap · market cap 4.05%
Second Best
Retail
$1.05M
$922.3K – $1.23M (±1% cap)
NOI $73,786 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M (±1% cap)
NOI $124,988 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Pet Grooming Service Computer & Electronic Repair

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

1,393
Businesses Nearby
258k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 78% Shops & Services 22%
In-N-Out Burger Dining
70,007 visits/mo 0.2 miles
Golden Corral Dining
21,490 visits/mo 0.2 miles
ARCO Shops & Services
20,426 visits/mo 0.5 miles
Starbucks Dining
18,374 visits/mo 0.1 miles
Jack in the Box Dining
17,653 visits/mo 0.0 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Fully renovated restaurant/retail property in vibrant downtown Bellflower.
Where is this storefront property located?
The property is located at 16641 Bellflower Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Move‑In Condition: Fully renovated with brand new electrical, plumbing, doors, windows, and paint.; High‑Visibility Corner Lot: Offers maximum exposure in downtown Bellflower.; Thriving Community Hub: Located in downtown Bellflower, a dynamic destination with annual events and high foot traffic.
(714) 306-1627 Call to check price and availability
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