Six-Unit Retail Building with
9345 9361 Alondra Blvd Bellflower, CA 90706
9345 9361 Alondra Blvd, Bellflower, CA, 90706
$5,200,000
For Sale
$5,200,000
A well-maintained six-unit retail building with long-term tenants and recent building improvements in Bellflower.
Property Size9,276 SF
Lot Size0.51 Acres
Price / SF$560.59
Days on Market49
Property Features for 9345 9361 Alondra Blvd
General Information
- Standard status
- Active
- Size
- 9,276 SF
- Lot size
- 0.51 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1979
Listing agency
(818) 681-1222
Listed by
Ronald Tounian
(818) 681-1222
Source
Elliman
Added: Jun 4 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 7:02AM
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 Ronald Tounian
Investment Insights
Based on property information with market context.
This well-kept retail property consists of six units in a single retail building, totaling 9,276 square feet, situated on a 0.51-acre lot with an on-site billboard. The tenant mix includes Domino’s Pizza, Granny’s Donuts, a Thai Restaurant, Electric Bikes, a Hair Salon, and a Nail Salon. Recent improvements include new recessed lighting with sensors, remodeling in two units, roof refurbishment, and the installation of five new HVAC units. Additional work includes a new 100-foot sewer line connected to the street sewer system. The parking lot resurfacing and restriping and the full building repainting are in progress, with the owner awaiting the city permit for the parking lot work.
The property is located on the northwest corner of Alondra Blvd and Clark Avenue in Bellflower, California.
For buyers and investors, the building offers an established, long-term tenant base across restaurant and service-oriented uses, supported by documented capital improvements. For operators, the configuration of multiple retail units can support a variety of neighborhood-scale concepts while benefiting from the property’s existing tenant framework.
The property is located on the northwest corner of Alondra Blvd and Clark Avenue in Bellflower, California.
For buyers and investors, the building offers an established, long-term tenant base across restaurant and service-oriented uses, supported by documented capital improvements. For operators, the configuration of multiple retail units can support a variety of neighborhood-scale concepts while benefiting from the property’s existing tenant framework.
Key Highlights
- Six‑unit retail building (9,276 SF) on a 0.51‑acre lot in Bellflower, built in 1979
- Located on the NW corner of Alondra Blvd and Clark Avenue
- Long‑term tenant mix includes Domino's Pizza, Granny's Donuts, Thai Restaurant, Electric Bikes, Hair Salon, and Nail Salon
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $313.9k | $33.84 |
| − Vacancy | −$20.7k | −$2.23 |
| EGI | $293.2k | $31.61 |
| − OpEx | −$88.0k | −$9.48 |
| NOI | $205.2k | $22.12 |
9,276 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.93M
$2.57M – $3.42M
NOI $205,228 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.97M
$4.35M – $5.79M
NOI $347,643 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
562 Ebikes Electric ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - A well-maintained six-unit retail building with long-term tenants and recent building improvements in Bellflower.
Where is this strip mall located?
The property is located at 9345 9361 Alondra Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Six‑unit retail building (9,276 SF) on a 0.51‑acre lot in Bellflower, built in 1979; Located on the NW corner of Alondra Blvd and Clark Avenue; Long‑term tenant mix includes Domino's Pizza, Granny's Donuts, Thai Restaurant, Electric Bikes, Hair Salon, and Nail Salon
