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Property profile

15551 Cornuta Ave Bellflower, CA 90706

FOR SALE
Other apartment buildings
Property ID
US09-9650333
10,522 SF 1.14 ac lot Built 1987
Last sale Feb 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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15551 Cornuta Ave, Bellflower, CA 90706 For Sale
$4,000,000 10,522 SF
15551 Cornuta Ave, Bellflower, CA 90706
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Property summary

AI-generated overview

The Bellflower property consists of multiple detached residences on a single 1.14-acre parcel (building area reported as 11,238 square feet), with additional income potential from garages located on-site. The site is positioned in Bellflower, in the Los Angeles area just outside of the City of Los Angeles, and is configured as a multi-unit residential/income property suitable for long-term rental use, with several units providing opportunities for ongoing occupancy transitions and future adjustments to operating strategy.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$908k
Assessed land$157k
Assessed improvement$751k
Effective rate1.60%

Value estimate

· Oct 2026
$480k
$432k – $528k
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$357k
Vacancy & credit loss−$29k
Operating expenses−$148k
NOI · 4.52% cap applied$181k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$94 – $347
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.52%
$181k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BFA106
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility18.4
Law Firm17.3
Food Market13.7

Location

15551 Cornuta Ave Bellflower, CA 90706
County assessor Recorded deeds · 8 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15531 Woodruff, Bellflower, CA 90706-4000 $3,800,000 Dec 2025 12,082 SF
9432 Ramona, Bellflower, CA 90706-7801 $1,800,000 Nov 2025 6,793 SF
10131 Alondra, Bellflower, CA 90706-3964 $400,000 May 2025 10,585 SF
9825 Rose, Bellflower, CA 90706-6985 $910,000 Sep 2024 13,160 SF
16829 Chicago, Bellflower, CA 90706-5086 $3,200,000 Sep 2024 8,916 SF
15741 Blaine, Bellflower, CA 90706-3660 $5,600,000 Sep 2024 16,128 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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