Open-Plan Office
For Sale
$749,000
11128 Whittier Boulevard, Whittier, CA 90606
Three expansive interior areas include one with a private bathroom and direct access to rear parking.
Property Size2,064 SF
Price / SF$362.89
Days on Market140
Property Features for 11128 Whittier Boulevard
General Information
Standard status
Active
Size
2,064 SF
Total Parking Spaces
7
Property subtype
Office
Additional Details
Condition
Newly Renovated
Taxes and HOA fees
Annual Taxes
$9,121
Building Details
Building Size
2,064 SF
Year Built
1955
Listing Agency:
Equity Union
(818) 612-0514
Listed By:
Joyce Starleaf · License #00782682
(818) 631-1660
Source:
Brillarealestate
Added: Jun 13
Changed: Oct 27
Last Checked: Oct 27 at 3:53AM
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 Equity Union
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,064-square-foot office building dates to 1955 and has been reconfigured into three large, open areas. One area connects to a bathroom and opens directly to the rear parking area, offering a distinct separation within the building.
The property is on Whittier Boulevard in Whittier, California, with seven parking spaces behind the building.
The property is on Whittier Boulevard in Whittier, California, with seven parking spaces behind the building.
Key Highlights
- 2,064‑square‑foot office building built in 1955
- Interior reconfiguration created three large open areas
- One open area has an adjacent bathroom and an exit to the rear parking area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,117
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$902,340
$902.3K
Cap Rate 7%
$644,529
$644.5K
Cap Rate 9%
$501,300
$501.3K
Market Conditions
NOI Build-Up for 2,064 SF
Gross rent
$79.3K $38.40/SF
− Vacancy
−$19.1K −$9.25/SF
EGI
$60.2K $29.15/SF
− OpEx
−$15.0K −$7.29/SF
NOI
$45.1K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$902,340
Cap Rate 7%
$644,529
Cap Rate 9%
$501,300
Alternative Uses
Best Use
Office B
$644.5K
$564.0K – $752.0K
NOI $45,117 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$966.9K – $1.29M
NOI $77,354 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
Explore this area
Business Placement
Demographics for 90606, CA
32,078
Population
8,982
Households
3.6
Avg Household Size
38
Median Age
18%
College-Educated
76%
High-School Grad
3.8 sq mi
ZIP Area
8,442
Density / Sq Mi
$94,904
Median Household Income
$45,361
Median Earnings
$1,913
Median Rent
$623,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Three expansive interior areas include one with a private bathroom and direct access to rear parking.
Where is this office building located?
The property is located at 11128 Whittier Boulevard Whittier, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2,064‑square‑foot office building built in 1955; Interior reconfiguration created three large open areas; One open area has an adjacent bathroom and an exit to the rear parking area
