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$999,000 -$50,000 (-4.77%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 1,654 Sq. Ft.
  • 0.1606 Acres
  • Updated 3 hours ago
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Unique mixed-use opportunity featuring a residence and adjoining commercial space offered together. The property includes a comfortable home with a functional layout, two-car garage, gated driveway, and convenient laundry area. The adjoining commercial space is currently occupied by a pizza business, offering potential rental income. Located in an established neighborhood with convenient access to local amenities and transportation. Buyers are advised to verify zoning, permitted uses, rental details, parcel configuration, financing, and any potential subdivision opportunities with the appropriate authorities. Residential Address: 16516 Pimenta Ave, Bellflower CA 90706, MLS #PW26199741

Full Property Details for 16517 Lakewood

General

  • Price: $999,000
  • Status: Active
  • Type: Commercial
  • Source: MRMLS
  • MLS ID: PW26199769
  • Updated: 10/16/2026
  • Days on Market: 29 days
  • Added to Site: 43 day(s) ago

Business

  • Business Type: Restaurant

Rooms

Other Rooms

  • Laundry: None

Location

  • County: Los Angeles
  • Building Name: Papa Joe's Pizza
  • Driving Directions: North of the 91 fwy between Flower St and Mayne St

Utilities

  • Utility Description: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected

Structural Information

  • # Buildings: 2
  • Construction: Stucco, Drywall Walls
  • Entry Floor Number: 1
  • Stories/Levels: 1
  • Building Size: 1654
  • Square Feet: 1,654
  • Current Bldg. Use: Commercial
  • Year Built: 1942
  • Year Built Source: Public Records

Unit Information

  • Occupancy Rate: Occupied

Lot Features

  • Lot Size (Acres): 0.1606
  • Useable Acres: .1606
  • Lot Size (Sq. Ft.): 6,995
  • Lot Size Source: Assessor
  • Lot Dimensions: 6995
  • Lot Features: 0-1 Unit/Acre
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $603

Disclosures and Reports

  • Investment: Yes
  • Property ID: 7107015015

Listed by First Team Real Estate, PhilipDeMatteo

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Listing agent

— 16517 Lakewood —

  • PhilipDeMatteo

    First Team Real Estate

562-254-6883

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16517 Lakewood

School District:Paramount Unified School District
NameGradesDistance
Major Lynn Mokler School
8571 Flower Street, Paramount, CA 90723
K-50.4 mi
Alondra Middle School
16200 Downey Avenue, Paramount, CA 90723
6-80.5 mi
Paramount High School
14429 Downey Avenue, Paramount, CA 90723
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16517 Lakewood Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2026
Price Reduced
$999,000
-4.77%
MLS
9/17/2026
Listed
$1,049,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16517 Lakewood

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,538
—
$391,830
2%
2025
$5,538
6%
$384,148
4%
2023
$5,207
3%
$369,232
2%
2022
$5,072
2%
$361,993
2%
2021
$4,956
2%
$354,896
1%
2020
$4,850
-4%
$351,258
2%
2019
$5,074
9%
$344,372
2%
2018
$4,669
108%
$337,620
140%
2017
$2,243
8%
$140,748
2%
2016
$2,084
5%
$137,989
2%
2015
$1,982
-2%
$135,917
2%
2014
$2,025
1%
$133,256
—
2013
$2,008
—
$132,655
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by First Team Real Estate, PhilipDeMatteo

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16517 Lakewood, Bellflower, CA 90706 (MLS# PW26199769) is a Commercial property. 16517 Lakewood is currently listed for $999,000 and was received on September 04, 2026. Want to learn more about 16517 Lakewood? Do you have questions about finding other Commercial real estate for sale in Bellflower? You can browse all Bellflower real estate or contact a Coldwell Banker agent to request more information.

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