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Property profile & analytics
OFF-MARKET
Estimated value
$3,965,000
Retail space
9883 Alondra Blvd Bellflower, CA 90706-3846
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6386510
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
WOOD
Total area
9,859 SF
Lot
0.72 ac (31,332 SF)
Zoning code
BFCG*
APN
6274-026-037
UPID
US09-6386510
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
-
Southern State Insurance Cuts Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.89M
CAP Approach
CAP
$3.36M
Comparable Approach
Comparable
$3.92M
Blend (final)
Blend
$3.97M
Owner & transaction history
Connie Vong · 3 yrs held
Connie Vong
since 2022
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
BFCG* · Bellflower, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.4M
+122.1%
Neighborhood: shopping center
$6.0M
+107.6%
Medical building
$4.5M
+55.0%
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
$3,920,000
ML approach
$3,890,000
CAP Approach
CAP Return
Estimation
6%
$3,635,000
6.5%
$3,355,000
7%
$3,115,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,890,000
Current use
RESTAURANT
$6,420,000
Change: +122% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,000,000
Change: +108% · Conversion: Moderate
MEDICAL BUILDING
$4,480,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$3,280,000
Change: +13% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,975,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,945,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,895,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$3.97M
Range $3.57M – $4.36M · ±10% · vs last sale $4.05M (Aug 17 2022)
Last sale anchor
$4.05M
Aug 17 2022
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
$402 / 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
$52,187
Tax year 2024
Assessed value
$4,131,000
Assessed 2024
Previous assessed
$4,131,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,652,000
Assessed improvement
$1,479,000
Applied tax rate
2.0000
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
1960
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
9,859 SF
Lot
0.72 ac (31,332 SF)
Zoning code
BFCG*
APN
6274-026-037
UPID
US09-6386510
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
$2.9M
RESTAURANT
Est. value
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.9M
WAREHOUSE, STORAGE
Est. value
$2.9M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Connie Vong
Individual
Mailing address
2120 EL MONTE AVE, ARCADIA, CA 91007-8213
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
$4,050,000
Connie Vong
Byung Kwan Min
Grant Deed
$1,700,000 · Cathay Bank
Feb 3, 2006
—
Min Family Trust
Min,byung K
Quit Claim Deed
related
—
Sep 24, 2004
—
Byung K Min
Min,byung K
Quit Claim Deed
related
—
Aug 4, 2003
—
Byung K Min
Min,byung K & Myoki M
Quit Claim Deed
related
—
Feb 15, 1995
—
Byung K Min
Min,b K & M
Quit Claim Deed
related
—
Dec 27, 1989
$1,000
Han B Chung
Min
Grant Deed
related
—
Nov 1, 1989
$1,060,000
Min Byung K&myok
1031 Exchange
Trustees Deed
$650,000 · Korea Exchange Bank
—
—
Byung K Min
—
Deed Of Trust
related
$550,000 · Hanmi Bank
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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