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Property profile

2211 Bellflower Blvd Long Beach, CA 90815

OFF-MARKET
Retail space
Property ID
US09-9577923
View Sample
8,808 SF 0.49 ac lot Built 1968
Entity Owned Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership (land and building) of an 8,808-square-foot medical office building in Long Beach, CA. The property, built in 1968 and fully renovated in 2024, is currently 100% occupied by Stitches Vet Surgery under a new 10.5-year Absolute NNN lease commencing August 23, 2024, with two 5-year renewal options. The lease includes attractive 3% annual rent bumps, providing inflation protection and increasing net operating income (NOI) of $365,532. The asking price is $6,357,000, representing a 5.75% cap rate and a price per square foot of $721.73. The 0.49-acre lot boasts 39 parking spaces and is strategically located on N. Bellflower Boulevard (35,000 vehicles per day), with convenient access to Interstate-405 (300,000 vehicles per day). Its prime location across from the high-traffic Los Altos Shopping Center (anchored by Target and Trader Joe's, with over 6.1 million annual visits) ensures significant visibility and exposure. The property benefits from proximity to major amenities, including Walmart, Sam's Club, Costco, Home Depot, Whole Foods, Amazon Fresh, Sprouts, California State Long Beach (39,000+ students), and Long Beach Airport (3.7 million+ annual passengers). The surrounding 5-mile trade area boasts a population exceeding 538,400 residents and 241,200 employees, with an average household income of $127,561. The property's permitted zoning is CCA: Commercial, and its APN is 7223-029-038. This is a truly exceptional, management-free investment opportunity with significant upside potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Construction WOOD
Total area 8,808 SF
Lot 0.49 ac (21,137 SF)
Zoning code LBCCA
APN 7223-029-038
UPID US09-9577923

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
  • Electrical Engineer

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.92M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.69M

Owner & transaction history

since 2026
7 recorded transactions
2026
$5.5M
2025
Price N/A
2024
Price N/A
2022
$2.3M
2019
$8.7M
2007
$7.5M
1999
Price N/A

Zoning & alternative use

LBCCA · Long Beach, CA
Top alternative use upside
Auto repair, garage $2.8M +12.6%

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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