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Bellflower Mixed-Use Property
New
For Sale
$1,300,000

17012 Bellflower Blvd, Bellflower, CA 90706

Mixed-use asset with a storefront, residential units, gated courtyard, and off-street parking near established commercial and residential surroundings.

Property Size1,719 SF
Days on Market3

Property Features for 17012 Bellflower Blvd

General Information

Standard status Active
Size 1,719 SF
Total Parking Spaces 7
Property subtype Commercial
Zoning BFCG

Site & Location

Frontage 50 ft
Highway Access Yes

Amenities

gated courtyard

Building Details

Building Size 1,719 SF
Year Built 1928
Listing Agency: Stratton LFCA - INC.
Listed By: Michael Pagan · License #02012719
Source: Elliman
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 17 at 2:47AM

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 Stratton LFCA - INC.

Investment Insights

Based on property information with market context.

Built in 1928, this mixed-use property combines a commercial storefront with residential accommodations that include a 2-bedroom/1-bath unit and two studio units. The rear portion adds a gated courtyard and approximately 7 parking spaces accessed from the alley, supporting the property's blend of commercial and residential functions.

The property is located at 17012 Bellflower Blvd in Bellflower, California, with approximately 50 feet of frontage along Bellflower Blvd. It is just off the 91 Freeway and surrounded by businesses, restaurants, retail, and residential neighborhoods. BFCG zoning supports stores and residential uses. Walk Score is 82, Bike Score is 76, and Transit Score is 42.

Key Highlights

  • Mixed‑use property with a commercial storefront and three residential units
  • 2‑bedroom/1‑bath unit plus two studio units
  • Approximately 50 feet of frontage along Bellflower Blvd

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
$38,032
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
2.93%
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%
$760,640 $760.6K
Cap Rate 7%
$543,314 $543.3K
Cap Rate 9%
$422,578 $422.6K
Market Conditions
NOI Build-Up for 1,719 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
$58.2K $33.84/SF
− Vacancy
−$3.8K −$2.23/SF
EGI
$54.3K $31.61/SF
− OpEx
−$16.3K −$9.48/SF
NOI
$38.0K $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%
$760,640
Cap Rate 7%
$543,314
Cap Rate 9%
$422,578

Alternative Uses

Best Use
Retail
$543.3K
$475.4K – $633.9K (±1% cap)
NOI $38,032 @ 7.0% cap · market cap 2.93%
Second Best
Mixed Use
$497.3K
$435.1K – $580.2K (±1% cap)
NOI $34,810 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$920.3K
$805.3K – $1.07M (±1% cap)
NOI $64,424 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Brides of Bellflower Clothing & Fashion Store

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Supermarket Tattoo & Piercing Shop

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,074
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use asset with a storefront, residential units, gated courtyard, and off-street parking near established commercial and residential surroundings.
Where is this mixed-use property located?
The property is located at 17012 Bellflower Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use property with a commercial storefront and three residential units; 2‑bedroom/1‑bath unit plus two studio units; Approximately 50 feet of frontage along Bellflower Blvd
More about this property
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