Established Market in High-Traffic
For Sale
Contact for pricing
10201 S Vermont, Los Angeles, CA 90044
Market with permits, equipment, and income in Los Angeles.
Property Size1,620 SF
Price / SF$524.07
Days on Market186
Property Features for 10201 S Vermont
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Special Purpose
Building Details
Year Built
1996
Listing Agency:
Espinoz Properties - Intelligence
Listed By:
Raymond Espinoza · License #CA 01429254
Source:
Crexi
Added: Feb 11
Changed: Aug 8
Last Checked: Aug 8 at 6:34AM
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 Espinoz Properties - Intelligence
Investment Insights
Based on property information with market context.
This street-level property presents an opportunity to take over an established market located in a high-traffic area of Los Angeles. The sale includes the building, all merchandise, and equipment. The property also comes with a Health Department permit to sell hot and cold food. A portion of the parking space is leased to a recycling business for $2,700 per month on a month-to-month lease, with a metal security fence surrounding the property. The business is currently generating approximately $10,000 monthly. The property size is 1620 square feet.
Key Highlights
- Established market business included in sale, with building, merchandise, and equipment.
- High‑traffic Los Angeles location.
- Health Department permit included for hot/cold food.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,394
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$847,880
$847.9K
Cap Rate 7%
$605,629
$605.6K
Cap Rate 9%
$471,044
$471.0K
Market Conditions
NOI Build-Up for 1,620 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$60.1K $37.08/SF
− Vacancy
−$3.5K −$2.19/SF
EGI
$56.5K $34.89/SF
− OpEx
−$14.1K −$8.72/SF
NOI
$42.4K $26.17/SF
Area
ZIP 90044
Vacancy
5.90%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$847,880
Cap Rate 7%
$605,629
Cap Rate 9%
$471,044
Alternative Uses
Best Use
Specialty Retail
$605.6K
$529.9K – $706.6K
NOI $42,394 @ 7.0% cap · market cap 4.99%
Second Best
Retail
$565.3K
$494.6K – $659.5K
NOI $39,568 @ 7.0% cap · market cap 4.66%
Theoretical Best
Multifamily LT 5
$32.82M
$28.72M – $38.29M
NOI $2,297,416 @ 7.0% cap · market cap 270.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vons — 4520 Sunset Blvd, Los Angeles, CA 90027
- Food Mart — 4682 Los Feliz Blvd, Los Angeles, CA 90027
- Albertsons — 2035 Hillhurst Ave, Los Angeles, CA 90027
- Arbat Grocery & Deli — 5001 Hollywood Blvd, Los Angeles, CA 90027
- JONS International Marketplace — 1601 N Vermont Ave, Los Angeles, CA 90027
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Market with permits, equipment, and income in Los Angeles.
Where is this grocery and convenience store located?
The property is located at 10201 S Vermont Los Angeles, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Established market business included in sale, with building, merchandise, and equipment.; High‑traffic Los Angeles location.; Health Department permit included for hot/cold food.
