Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,740,000
Parking lots & garages
16919 Bellflower Blvd Bellflower, CA 90706
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9240294
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1963
Construction
WOOD
Total area
5,450 SF
Lot
0.12 ac (5,396 SF)
Zoning code
BFCG&TC*
APN
7110-029-016
UPID
US09-9240294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.74M
Owner & transaction history
Olive Crest · 2 yrs held
Olive Crest
since 2023
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
BFCG&TC* · Bellflower, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+28.2%
Neighborhood: shopping center
$3.3M
+19.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellflower submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellflower submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,820,000
ML approach
$3,945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,550,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,315,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$4.74M
Range $4.27M – $5.21M · ±10% · vs last sale $5.10M (Dec 29 2023)
Last sale anchor
$5.10M
Dec 29 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$870 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,494
Tax year 2024
Assessed value
$198,289
Assessed 2024
Previous assessed
$198,289
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$197,093
Assessed improvement
$1,196
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Total area
5,450 SF
Lot
0.12 ac (5,396 SF)
Zoning code
BFCG&TC*
APN
7110-029-016
UPID
US09-9240294
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BFCG&TC* · Bellflower, CA
Zoning BFCG&TC* · permitted uses
BFCG&TC* · Bellflower, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellflower. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Olive Crest
Individual
Mailing address
2130 E 4TH ST STE #200, SANTA ANA, CA 92705-3818
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
$5,100,000
Olive Crest
F&mm Properties Bellflower LLC
Grant Deed
—
Apr 7, 2014
$2,600,000
F&mm Properties Bellflower LLC
Keswick Financial Group INC
Grant Deed
—
Apr 3, 2014
—
Keswick Financial Group INC
Grasmere Truct
Quit Claim Deed
—
Jan 29, 1988
—
Bruce T Mulhearn
Mulhe
Quit Claim Deed
related
$1,010,000 · Great American Fed'l Savings
—
—
Mulhe
—
Deed Of Trust
related
$160,000 · Gutierrez Jose&m
—
—
Grasmere Trust
—
Deed Of Trust
related
$2,512,500 · First Regional Bank
—
—
Grasmere Trust
—
Deed Of Trust
related
$114,000 · Pacific Business Bank
—
—
Grasmere Trust
—
Deed Of Trust
related
$720,000 · Pacific Business Bank
—
—
Mulhearm,tr
—
Deed Of Trust
related
$870,000 · East West Bank
—
—
Mulhe
—
Deed Of Trust
related
$100,000 · Rogers Dane B&
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16919 Bellflower Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
