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    16641 Bellflower Blvd Bellflower, CA 90706
    Property profile & analytics

    16641 Bellflower Blvd, Bellflower, CA 90706

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    • Retail space
    • 3,335 SF
    • 0.07 lot acres
    For Sale
    $2,350,000
    View Listing →
    Downtown Bellflower Restaurant/Retail Opportunity For Sale
    $2,350,000
    3,335 SF

    Downtown Bellflower Restaurant/Retail Opportunity

    Fully renovated restaurant/retail property in vibrant downtown Bellflower.

    16641 Bellflower Blvd, Bellflower, CA 90706
    View Listing
    Property ID
    US09-7365619
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    5.4%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 16641 Bellflower Blvd

    Year built
    1926
    Construction
    TILT-UP CONCRETE
    Lot size
    0.07 lot acres
    Zone code
    BFCG&TC*
    Property type
    Retail space
    APN
    7106-024-032
    APU
    7106024032

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 1, 2022 $1,400,000 Modern Vegan Cuisine LLC Fobeyond LLC Grant Deed $717k · Calprivate Bank
    Apr 1, 2022 — Modern Vegan Cuisine LLC — Deed · related $592k · California Statewide Certified Developme
    Jan 3, 2022 — Fobeyond LLC Ying Irene Liu Sim Chia Grant Deed $800k · Unify Financial FCU
    Apr 23, 2021 $1,280,000 Nicholas Sim Southern Roadhouse LLC Grant Deed —
    Jun 25, 2004 $595,000 Southern Roadhouse LLC Roberts Department Stores Grant Deed $295k · First National Bank
    Jan 20, 1971 — Roberts Department Stores — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,355,000
      ML approach
      $1,350,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,230,000
      6.5%
      $1,135,000
      7%
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,325,000
      Market price range: $553k - $1.33M
      AI Estimate
      $822,000
      Market price range: $180k - $822k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $980,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,030,000
      Change: +108% Conversion: Moderate
      MEDICAL BUILDING
      $1,515,000
      Change: +55% Conversion: Difficult
      OFFICE BUILDING
      $1,110,000
      Change: +13% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,005,000
      Change: +3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $995,000
      Change: +2% Conversion: Difficult
      WAREHOUSE, STORAGE
      $980,000
      Change: +0% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bellflower
    County
    Los Angeles
    State
    California
    Longitude
    -118.126
    Latitude
    33.883
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $24,802
    $988,380
    $468,180
    $1,456,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,480,000
      10,880 SF

      8523 Artesia Blvd

      RETAIL STORES (PERSONAL SERVICES)
      8523 Artesia Blvd, Bellflower, CA 90706-6101
      View Details
    • Value Estimation
      $2,830,000
      14,460 SF

      9750 Artesia Blvd

      RETAIL STORES (PERSONAL SERVICES)
      9750 Artesia Blvd, Bellflower, CA 90706
      View Details
    • Value Estimation by Request
      1,292 SF

      16306 Clark Ave

      RETAIL STORES (PERSONAL SERVICES)
      16306 Clark Ave, Bellflower, CA 90706-5210
      View Details
    • Value Estimation by Request
      2,409 SF

      9837 Oak St

      RETAIL STORES (PERSONAL SERVICES)
      9837 Oak St, Bellflower, CA 90706-5421
      View Details
    • Value Estimation
      $2,890,000
      9,054 SF

      9251 Alondra Blvd

      RETAIL STORES (PERSONAL SERVICES)
      9251 Alondra Blvd, Bellflower, CA 90706-4352
      View Details
    • Value Estimation
      $950,000
      3,685 SF

      17443 Lakewood Blvd

      RETAIL STORES (PERSONAL SERVICES)
      17443 Lakewood Blvd, Bellflower, CA 90706-6217
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,080 SF

      Retail Space on Lakewood Boulevard

      Retail space available for lease in Bellflower, California.
      13528-13542 Lakewood Blvd, Bellflower, CA 90706
      View Details
    • $12,500 /Mo

      Bellflower Retail Space For Rent

      Highly visible 4,896 SF retail space in Bellflower's commercial corridor.
      17812 Bellflower Blvd, Bellflower, CA 90706
      View Details
    • Contact for pricing

      Retail Space on Bellflower Blvd

      Turnkey retail space in high-traffic Bellflower location.
      14760 Bellflower Blvd, Bellflower, CA 90706
      View Details
    • Contact for pricing

      Retail Space on Lakewood Boulevard

      Retail spaces available on a major thoroughfare with parking.
      17601 Lakewood Blvd, Bellflower, CA 90706
      View Details
    • Contact for pricing

      Bellflower Retail Space Available

      Retail space in a busy Bellflower location for lease.
      15909 Bellflower Blvd, Bellflower, CA 90706
      View Details
    View Listing
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    Bellflower, CA 90706
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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