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Commercial Land With Existing Building
For Sale
$1,700,000

8820 Artesia Boulevard, Bellflower, CA 90706

Commercial Sale, Bellflower, CA

Property Size6,840 SF
Lot Size0.41 Acres
Price / SF$248.54
Days on Market199

Property Features for 8820 Artesia Boulevard

General Information

Property type Residential
Property subtype Office
Zoning BFCG*
Fencing Chain Link
Directions Lakewood/Artesia
Subdivision RF - Bellflower South of 91 Frwy
Standard status Active
APN 7162015036
Lot size 0.41 Acres

Building Details

Year built 1982
Listing Agency: Compass
Listed By: Nicole Han · License #02009968
Added: Mar 23 Changed: Sep 29 Last Checked: Oct 7 at 1:06PM
MLS# OC26059474

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel includes a +/-17,934 SF site improved by a +/-6,840 SF building constructed in 1982. The existing improvements are offered as-is, and the property includes chain-link fencing. BFCG* General Commercial zoning supports a range of potential uses, including retail, medical, service-oriented businesses, and institutional or conditional uses subject to city approval.

The property is positioned along Artesia Boulevard near Lakewood Boulevard, with access to the 91 fwy. Surrounding development includes retail and service businesses alongside established residential neighborhoods. Located at 8820 Artesia Boulevard in Bellflower, the site offers an existing commercial improvement and a zoning framework suited to varied commercial applications, with all proposed uses and development standards subject to verification with the City of Bellflower.

Key Highlights

  • +/-17,934 SF commercial land parcel
  • +/-6,840 SF existing building constructed in 1982
  • BFCG* General Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$149,517
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,990,340 $3.0M
Cap Rate 7%
$2,135,957 $2.1M
Cap Rate 9%
$1,661,300 $1.7M
Market Conditions
NOI Build-Up for 6,840 SF
Gross rent
$262.7K $38.40/SF
− Vacancy
−$63.3K −$9.25/SF
EGI
$199.4K $29.15/SF
− OpEx
−$49.8K −$7.29/SF
NOI
$149.5K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,990,340
Cap Rate 7%
$2,135,957
Cap Rate 9%
$1,661,300

Alternative Uses

Best Use
Office B
$2.14M
$1.87M – $2.49M (±1% cap)
NOI $149,517 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M (±1% cap)
NOI $256,348 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm HVAC Service Skin Care Clinic

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

989
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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - BFCG* zoning supports retail, medical, and service uses subject to city approval.
Where is this commercial land located?
The property is located at 8820 Artesia Boulevard Bellflower, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: +/-17,934 SF commercial land parcel; +/-6,840 SF existing building constructed in 1982; BFCG* General Commercial zoning
More about this property
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