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Property profile & analytics
FOR LEASE
Community centers
17220 Lakewood Blvd Bellflower, CA 90706
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6408704
For Lease
1 / 6
$27,060,000
17220 Lakewood Blvd, Bellflower, CA 90706
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1972
Construction
TILT-UP CONCRETE
Total area
114,681 SF
Lot
8.84 ac (384,876 SF)
Zoning code
BFM1*
APN
7162-016-051
UPID
US09-6408704
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
Current use
Occupant on record · Public records
-
Best Buy Outlet Electronics & Wireless Store
-
Kimco Realty Corporation Property Management Company
-
Yard Sale Thrift Store Prices Clothing Store Book Store
-
TNT Fireworks Discount Store Party Supply Store
-
Yard Sale Store Clothing Store Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.06M
Owner & transaction history
Lakewood Plaza Sc LP · 15 yrs held
Lakewood Plaza Sc LP
since 2010
5 recorded transactions
Zoning & alternative use
BFM1* · Bellflower, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$236 / 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
$358,680
Tax year 2024
Assessed value
$25,874,776
Assessed 2024
Previous assessed
$25,874,776
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$14,821,475
Assessed improvement
$11,053,301
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
114,681 SF
Lot
8.84 ac (384,876 SF)
Zoning code
BFM1*
APN
7162-016-051
UPID
US09-6408704
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BFM1* · Bellflower, CA
Zoning BFM1* · permitted uses
BFM1* · 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.
Building & site characteristics
From public records
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
8.84 ac
Current owner
From public records · entity-resolved
Lakewood Plaza Sc LP
Entity
Free & Clear · 15 yrs held
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2010
—
Lakewood Plaza Sc LP
Pk Sale LLC
Grant Deed
—
Nov 20, 2006
—
Pk Sale LLC
Ct Operating Ptshp
Grant Deed
related
—
Sep 2, 1999
—
Haagen Gdh Partnership And
—
Deed Of Trust
related
—
Apr 1, 1993
—
Gdh-2 Ptshp Haagen
—
Deed Of Trust
related
—
Dec 7, 1988
—
Haagen Gdh Partnership And
—
Deed Of Trust
related
—
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?”
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