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    Property profile & analytics
    OFF-MARKET Estimated value $805,000
    Medical Office Space

    4854 Bellflower Blvd, Lakewood, CA 90713-2306

    2,114 SF 0.18 ac lot Built 1960
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US10-0429304
    Property summary
    AI-generated overview

    Exceptional investment opportunity in Lakewood, CA, featuring a 2,114 sq ft medical office building on a 7,652 sq ft lot. Currently 100% occupied with two tenants, this single-story, Class C building boasts a fully plumbed 1,000 sq ft dental office available September 2024, and an additional 1,100 sq ft of fully built-out medical space available September 2025, offering expansion potential to occupy the entire building. Located at 4854 Bellflower Blvd, this property benefits from excellent visibility and prime building signage at a busy intersection with an average daily traffic volume of 29,618 vehicles. Convenient parking and easy freeway access from three major routes ensure patient accessibility. Built in 1960, the property features two units, each priced at $557,500, with a total asking price of $1,115,000 ($527.44/sq ft). The property's APN is 7175017025 and is zoned LKC3YY. This is a rare opportunity to acquire a well-located, income-producing medical office building with significant upside potential.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1960
    Construction TILT-UP CONCRETE
    Total area 2,114 SF
    Lot 0.18 ac (7,652 SF)
    Zoning code LKC3YY
    APN 7175-017-025
    UPID US10-0429304
    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
    • Ray Mangigian, D.D.S. - Lakewood CA Dental Office
    • Angela Leonard RDH Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $615k
    Comparable Approach Comparable
    $809k
    Blend (final) Blend
    $805k
    Owner & transaction history
    Frieda Baskin · 1 yrs held
    Frieda Baskin
    since 2024
    Last sale
    $900,000
    7 recorded transactions
    2024
    2024
    $900,000
    2024
    2023
    2023
    2019
    2006
    Zoning & alternative use
    LKC3YY · Lakewood, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $1.3M +33.9%
    Auto repair, garage $980,000 +1.8%
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