Retail and Office Property with
11685 National Blvd Los Angeles, CA 90064
For Sale
Contact for pricing
Retail and office building with 12 parking spaces and 43.92% current leased occupancy.
Property Size9,575 SF
Lot Size0.27 Acres
Price / SF$754.05
Days on Market149
Property Features for 11685 National Blvd
General Information
- Standard status
- Active
- Size
- 9,575 SF
- Lot size
- 0.27 Acres
- Property subtype
- Retail, Office
Listing Agency:
Par Commercial Brokerage
(310) 395-2663
Listed By:
Arthur Peter · License #CA 010686613
Source:
Crexi
Added: Feb 24
Changed: Jul 23
Last Checked: Jul 23 at 1:42PM
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 Par Commercial Brokerage
Investment Insights
Based on property information with market context.
Located at the prominent intersection of National Boulevard and South Barrington Avenue in West Los Angeles, this 9,575-square-foot retail and office property offers a value-add profile with 43.92% leased occupancy. The center is positioned for strategic repositioning, including tenant improvements, to improve leasing performance.
The property is situated on approximately 11,836 square feet of land and includes 12 parking spaces, providing on-site parking for day-to-day operations and supporting flexible future configuration.
This offering blends retail storefront presence with office space within a single asset, designed to accommodate ongoing leasing while also allowing for active asset management. The property is presented as an ideal acquisition for experienced operators focused on operational improvements and tenant upgrades.
The property is situated on approximately 11,836 square feet of land and includes 12 parking spaces, providing on-site parking for day-to-day operations and supporting flexible future configuration.
This offering blends retail storefront presence with office space within a single asset, designed to accommodate ongoing leasing while also allowing for active asset management. The property is presented as an ideal acquisition for experienced operators focused on operational improvements and tenant upgrades.
Key Highlights
- Retail and office property totaling 9,575 SF at the intersection of National Boulevard and South Barrington Avenue in West Los Angeles
- Currently 43.92% leased, offering value‑add upside for strategic repositioning and tenant improvements
- Approximately 11,836 SF of land with 12 parking spaces for tenant and visitor access
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $372.3k | $38.88 |
| − Vacancy | −$69.2k | −$7.23 |
| EGI | $303.0k | $31.65 |
| − OpEx | −$75.8k | −$7.91 |
| NOI | $227.3k | $23.74 |
9,575 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.25M
$2.84M – $3.79M
NOI $227,274 @ 7.0% cap · market cap 3.15%
Second Best
Retail
$3.17M
$2.78M – $3.70M
NOI $222,209 @ 7.0% cap · market cap 3.08%
Theoretical Best
Multifamily LT 5
$193.98M
$169.74M – $226.31M
NOI $13,578,863 @ 7.0% cap · market cap 188.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fresh Interactive
Marketing & Advertising
FAQs
What type of property is this?
Retail space - Retail and office building with 12 parking spaces and 43.92% current leased occupancy.
Where is this retail space located?
The property is located at 11685 National Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,220,000.
What are key features of this property?
This property features: Retail and office property totaling 9,575 SF at the intersection of National Boulevard and South Barrington Avenue in West Los Angeles; Currently 43.92% leased, offering value‑add upside for strategic repositioning and tenant improvements; Approximately 11,836 SF of land with 12 parking spaces for tenant and visitor access
