Retail Shopping Center For
For Sale
Contact for pricing
11559-11617 Rosecrans Avenue, Norwalk, CA 90650
Multi-tenant shopping center in a prime Los Angeles County location.
Property Size13,397 SF
Price / SF$472.12
Days on Market274
Property Features for 11559-11617 Rosecrans Avenue
General Information
Standard status
Active
Size
13,397 SF
Total Parking Spaces
61
Property subtype
Retail
Zoning
NOC3-P
Occupancy
86%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$379,524
Building Details
Year Built
1962
Buildings
2
Stories
1
Tenancy
Multi
Listing Agency:
CBRE - Orange County
(949) 725-8625
Listed By:
Darren Fitch · License #02094043
Source:
Crexi
Added: Nov 21, 2025
Changed: Aug 22
Last Checked: Aug 22 at 7:32AM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
This multi-tenant shopping center is available for sale and is situated in a prime location within Los Angeles County. The property, identified by the address range 11559-11617 Rosecrans Avenue, Norwalk, CA 90650, encompasses a total area of 13397 square feet. It is classified as a retail property and shopping center.
Key Highlights
- Multi‑tenant shopping center, a great investment opportunity.
- Prime Los Angeles County location.
- Offering memorandum available for download.
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
$190,493
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
3.01%
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%
$3,809,860
$3.8M
Cap Rate 7%
$2,721,329
$2.7M
Cap Rate 9%
$2,116,589
$2.1M
Market Conditions
NOI Build-Up for 13,397 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
$297.4K $22.20/SF
− Vacancy
−$25.3K −$1.89/SF
EGI
$272.1K $20.31/SF
− OpEx
−$81.6K −$6.09/SF
NOI
$190.5K $14.22/SF
Area
Norwalk, CA
Vacancy
8.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
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%
$3,809,860
Cap Rate 7%
$2,721,329
Cap Rate 9%
$2,116,589
Alternative Uses
Best Use
Retail
$2.72M
$2.38M – $3.17M
NOI $190,493 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.24M
$3.71M – $4.94M
NOI $296,635 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
236k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 33%
Groceries 6%
Electronics 2%
In-N-Out Burger
Dining
27,054 visits/mo
0.2 miles
Dollar Tree
Shops & Services
24,916 visits/mo
0.3 miles
dd's DISCOUNTS
Shops & Services
21,070 visits/mo
0.1 miles
Starbucks
Dining
19,494 visits/mo
0.2 miles
Chase Bank
Shops & Services
17,755 visits/mo
0.0 miles
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 Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Norwalk Town Square — 11633 The Plaza, Norwalk, CA 90650
- Coinstar Kiosk | Bitcoin ATM — PLS Financial Services, Inc, 14020 Pioneer Blvd, Norwalk, CA 90650
- 3 Day Blinds — 11566 littchen st, norwalk, ca 90650
- Mandira's Threading — 15010 Pioneer Blvd, Norwalk, CA 90650
- Coinstar Kiosk Bitcoin Enabled — 14020 Pioneer Blvd, Norwalk, CA 90650
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant shopping center in a prime Los Angeles County location.
Where is this shopping center located?
The property is located at 11559-11617 Rosecrans Avenue Norwalk, CA.
What is the asking price?
The asking price for this property is $6,325,000.
What are key features of this property?
This property features: Multi‑tenant shopping center, a great investment opportunity.; Prime Los Angeles County location.; Offering memorandum available for download.
