Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4945 Florence Ave Bell Gardens, CA 90201

    • Turn key restaurants
    • 3,804 SF
    • 0.60 lot acres
    OFF-MARKET
    Last Sale
    Jan 17, 2020
    $2,300,023
    Value Estimations
    $2,340,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7416325
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 4945 Florence Ave

    Year built
    1966
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Property size
    3,804 SF
    Zone code
    BLC3R*
    Property type
    Turn key restaurants
    APN
    6327-014-025
    APU
    6327014025

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,340,000
      ML approach
      $2,305,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Bell Gardens
    County
    Los Angeles
    State
    California
    Longitude
    -118.179
    Latitude
    33.9697
    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
    $45,053
    $2,037,182
    $428,879
    $2,466,061
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      8,159 SF

      6633 Eastern Ave

      RESTAURANT • 8,159 SF
      6633 Eastern Ave, Bell Gardens, CA 90201-3013
      View Details
    • Value Estimation
      $335,000
      3,406 SF

      3526 Gage Ave

      RESTAURANT • 3,406 SF
      3526 Gage Ave, Bell, CA 90201-1021
      View Details
    • Value Estimation
      $1,030,000
      3,418 SF

      6377 Florence Ave

      RESTAURANT • 3,418 SF
      6377 Florence Ave, Bell Gardens, CA 90201-4842
      View Details
    • Value Estimation
      $470,000
      3,154 SF

      7121 Atlantic Ave

      RESTAURANT • 3,154 SF
      7121 Atlantic Ave, Bell, CA 90201-3650
      View Details
    • Value Estimation
      $620,000
      2,263 SF

      8020 Atlantic Ave

      RESTAURANT • 2,263 SF
      8020 Atlantic Ave, Cudahy, CA 90201-5713
      View Details
    • Value Estimation
      $255,000
      1,253 SF

      6721 Atlantic Ave

      RESTAURANT • 1,253 SF
      6721 Atlantic Ave, Bell, CA 90201-2525
      View Details

    Similar Nearby for Sale

    • $379,000

      Established Ice Cream Shop Opportunity

      Well-established ice cream shop in Bell Palm Plaza for sale.
      6339 Atlantic Ave, Bell, CA 90201
      View Details
    • $165,000

      Remodeled Retail Space Near Park

      Recently remodeled retail space with high traffic near Huntington Park.
      9710 Atlantic Ave, Bell, CA 90201
      View Details
    • $1,350,000
      4,000 SF

      Commercial Property with Established Tenants

      Thriving commercial property with bakery and meat market in Bell.
      4026 Gage Ave, Bell, CA 90201
      View Details
    • $1,120,000
      3,640 SF

      Prime Bell Retail Investment

      High-Cap Retail Building, Excellent Location
      6904 Atlantic Ave, Bell, CA 90201
      View Details
    • $1,150,000
      3,112 SF

      Mixed-Use Property in Bell Gardens

      Mixed-use property with retail and residential units in Bell Gardens.
      7901 Eastern Ave, Bell Gardens, CA 90201
      View Details
    • $1,495,000

      Former Grocery Store in Bell Gardens

      6,500 SF commercial property suitable for retail or other uses.
      5658 Clara St, Bell Gardens, CA 90201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      37,772 SF

      Patata Business Park Warehouses

      Cudahy, CA Industrial Space Available
      4901 Patata St, Cudahy, CA 90201
      View Details
    • Contact for pricing
      3,000 SF

      Retail Building in Bell Gardens

      Freestanding retail building in high-traffic area near freeways.
      6203 Gage Ave, Bell Gardens, CA 90201
      View Details
    • Contact for pricing
      1,500 SF

      Village Square Retail Space Available

      Prime Bell Gardens retail space, high traffic location.
      5800 Florence Ave, Bell Gardens, CA 90201
      View Details
    • $2 SF/Yr
      6,460 SF

      Retail Space on Florence Avenue

      Retail property available for lease on Florence Avenue.
      5150 E Florence Ave, Bell, CA 90201
      View Details
    • $3,500 /Mo

      Office or Retail Space Available

      2,758 sq ft office/retail space with mezzanine.
      4025 Gage Ave, Bell, CA 90201
      View Details
    • Contact for pricing
      78,000 SF

      Bell Gardens Retail Center

      78,000 SF Shopping Center, 1,740 SF Available
      6810 Eastern Ave, Bell Gardens, CA 90201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4945 Florence Ave
    Bell Gardens, CA 90201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.