Ground-Floor Office
New
For Sale
$450,000
102-12749 Norwalk Blvd, Norwalk, CA 90650
The suite combines private offices, shared work space, reception, and a restroom with a shower.
Property Size1,059 SF
Price / SF$424.93
Days on Market5
Property Features for 102-12749 Norwalk Blvd
General Information
Standard status
Active
Size
1,059 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
Ground Floor
Amenities
secure gated keypad access
Building Details
Tenancy
Multi
Listing Agency:
Circle Real Estate
(562) 521-9022
Listed By:
Harrison Hyde · License #01924379
(562) 833-4450
Source:
Exprealty
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Circle Real Estate
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Investment Insights
Based on property information with market context.
This 1,059 SF ground-level office condominium is configured with a reception and waiting area, two enclosed executive offices, and an open section for several workstations. A private restroom includes a shower, and a separate file and storage room has built-in shelving. The building offers gated keypad entry outside regular hours, with parking spaces directly before the suite entrance.
The property is across the street from the Norwalk Courthouse, beside City Hall, and steps from the LA County Registrar-Recorder/County Clerk. I-5, I-105, I-605, and Metrolink are described as minutes away. The Walk, a dining, retail, and residential district, is under construction next door.
The property is across the street from the Norwalk Courthouse, beside City Hall, and steps from the LA County Registrar-Recorder/County Clerk. I-5, I-105, I-605, and Metrolink are described as minutes away. The Walk, a dining, retail, and residential district, is under construction next door.
Key Highlights
- 1,059 SF ground‑floor office condominium
- Two private offices, an open workstation area, and a reception and waiting area
- Private restroom with shower; dedicated storage room with built‑in shelving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,834
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,680
$336.7K
Cap Rate 7%
$240,486
$240.5K
Cap Rate 9%
$187,044
$187.0K
Market Conditions
NOI Build-Up for 1,059 SF
Gross rent
$28.6K $27.00/SF
− Vacancy
−$6.1K −$5.81/SF
EGI
$22.4K $21.20/SF
− OpEx
−$5.6K −$5.30/SF
NOI
$16.8K $15.90/SF
Area
Norwalk, CA
Vacancy
21.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,680
Cap Rate 7%
$240,486
Cap Rate 9%
$187,044
Alternative Uses
Best Use
Office B
$240.5K
$210.4K – $280.6K
NOI $16,834 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.0K
$293.1K – $390.8K
NOI $23,448 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 90650, CA
102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The suite combines private offices, shared work space, reception, and a restroom with a shower.
Where is this office unit located?
The property is located at 102-12749 Norwalk Blvd Norwalk, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,059 SF ground‑floor office condominium; Two private offices, an open workstation area, and a reception and waiting area; Private restroom with shower; dedicated storage room with built‑in shelving
