Property profile

16506 Lakewood Blvd Bellflower, CA 90706

OFF-MARKET
Medical Office Space
Property ID
US09-7597122
14,233 SF 0.59 ac lot Built 2009
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2009
Construction TILT-UP CONCRETE
Total area 14,233 SF
Lot 0.59 ac (25,855 SF)
Zoning code BFCG*
APN 7105-010-001
UPID US09-7597122

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic
  • Physician Hospital

Location

16506 Lakewood Blvd Bellflower, CA 90706-5164
Bellflower metro Census 554201 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.14M
CAP Approach CAP
$4.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.08M

Owner & transaction history

since 2021
Last sale
$6.0M
7 recorded transactions
2021
Price N/A
2021
$6.0M
2007
$1.5M
2002
Price N/A
2001
$450,000
1996
Price N/A
1996
Price N/A

Zoning & alternative use

BFCG* · Bellflower, CA
Top alternative use upside
Restaurant $9.3M +43.3%
Neighborhood: shopping center $8.7M +33.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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