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Property profile & analytics
OFF-MARKET
Estimated value
$2,480,000
Retail space
8523 Artesia Blvd Bellflower, CA 90706-6101
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6385502
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
WOOD
Total area
10,880 SF
Lot
0.28 ac (12,125 SF)
Zoning code
BFCG*
APN
7162-001-085
UPID
US09-6385502
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$2.48M
Owner & transaction history
Bellflower Town Center LLC · 4 yrs held
Bellflower Town Center LLC
since 2022
7 recorded transactions
Zoning & alternative use
BFCG* · Bellflower, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.6M
+13.4%
Commercial (general)
$3.3M
+2.9%
Auto repair, garage
$3.3M
+1.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,190,000
Current use
OFFICE BUILDING
$3,620,000
Change: +13% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,280,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,250,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,195,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$2.48M
Range $2.23M – $2.73M · ±10%
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
$228 / 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
$33,988
Tax year 2024
Assessed value
$2,316,351
Assessed 2024
Previous assessed
$2,316,351
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$758,449
Assessed improvement
$1,557,902
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
10,880 SF
Lot
0.28 ac (12,125 SF)
Zoning code
BFCG*
APN
7162-001-085
UPID
US09-6385502
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BFCG* · Bellflower, CA
Zoning BFCG* · permitted uses
BFCG* · 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
RETAIL STORES Current
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$3.2M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Bellflower Town Center LLC
Entity
Mailing address
621 S WESTERN AVE STE #401, LOS ANGELES, CA 90005-3042
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
—
Bellflower Town Center LLC
—
Deed
related
$4,450,000 · United Pacific Bank
Apr 1, 2025
—
Bellflower Town Center LLC
—
Deed
related
$4,120,000 · New Omni Bank NA
Mar 16, 2022
—
Bellflower Town Center LLC
Bellflower Town Center LLC
Intrafamily Transfer
related
$4,000,000 · General Business Credit
Jan 17, 2019
—
Bellflower Town Center LLC
—
Deed
related
$1,500,000 · Prime Busn Cr
Mar 16, 2017
—
Bellflower Town Center LLC
—
Deed
related
$1,000,000 · Prime Busn Cr
Jun 7, 2005
—
Bellflower Town Center LLC
Lee,seung K
Grant Deed
—
Mar 31, 2005
$5,350,000
Seung K Lee
Hwangbo,peter & Sarah
Grant Deed
—
Mar 31, 2005
—
Seung K Lee
Oh,mi S
Grant Deed
related
—
Jun 15, 2004
—
Peter Hwangbo
Chin Star INC
Grant Deed
$3,400,000 · Bank Of East Asia
Feb 12, 2003
—
Chin Star INC
Chow,tr
Grant Deed
$2,535,000 · Centerbank
Nov 15, 2001
—
Chow,tommy H Tr
Chow,t H
Quit Claim Deed
related
—
Nov 2, 2001
—
Tommy H Chow
Chow,t H Tr
Quit Claim Deed
related
—
Sep 15, 1995
—
Chow,tommy H Trustee
Chow,t H
Quit Claim Deed
related
—
Jul 28, 1993
$2,200,000
Tommy H Chow
Ba Properties In
Grant Deed
—
Feb 25, 1993
$1,468,500
Ba Properties INC
Bellflower Towne
Trustees Deed
related
—
—
—
Bellflower Town Center LLC
—
Deed Of Trust
related
$600,000 · Prime Busn Cr
—
—
Chow Trust
—
Deed Of Trust
related
$479,680 · First Continental Bank
—
—
Bellflower Town Center LLC
—
Deed Of Trust
related
$1,000,000 · Prime Busn Cr
—
—
Bellflower Town Center LLC
—
Deed Of Trust
related
$300,000 · Prime Busn Cr
—
—
Chow,tr
—
Deed Of Trust
related
$500,000 · Bank Of Canton
—
—
Bellflower Town Center LLC
—
Deed Of Trust
related
$4,500,000 · Bbcn Bk
—
—
Tommy H Chow
—
Deed Of Trust
related
$1,200,000 · First Continental Bank
—
—
Tommy H Chow
—
Deed Of Trust
related
$1,650,000 · Bank Of Canton
—
—
Bellflower Town Center LLC
—
Deed Of Trust
related
$2,500,000 · Wilshire State Bank
—
—
Bellflower Town Center LLC
—
Deed Of Trust
related
$1,500,000 · Prime Busn Cr
—
—
Tommy H Chow
—
Deed Of Trust
related
$4,920,000 · Imperial Bank
—
—
Seung K Lee
—
Deed Of Trust
related
$3,900,000 · Wing Lung Bank Ltd
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.
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