Retail
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11825-11829 Wilshire Blvd, Los Angeles, CA 90025
Commercial property offered for sale in Los Angeles.
Property Size5,500 SF
Price / SF$663.64
Days on Market4
Property Features for 11825-11829 Wilshire Blvd
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Retail
Listing Agency:
Conroy Commercial
Listed By:
Seth Grossman · License #CA 02057186
Source:
Crexi
Added: Sep 3
Changed: Sep 5
Last Checked: Sep 5 at 3:11PM
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 Conroy Commercial
Investment Insights
Based on property information with market context.
This retail property at 11825-11829 Wilshire Blvd in Los Angeles, California, contains 5,500 square feet of commercial space. The offering is identified for sale and carries a stated 0.00% CAP.
Key Highlights
- 5,500 SqFt of retail space
- Stated 0.00% CAP
- Located at 11825‑11829 Wilshire Blvd, Los Angeles, CA 90025
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
$127,640
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
3.50%
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%
$2,552,800
$2.6M
Cap Rate 7%
$1,823,429
$1.8M
Cap Rate 9%
$1,418,222
$1.4M
Market Conditions
NOI Build-Up for 5,500 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
$203.3K $36.96/SF
− Vacancy
−$20.9K −$3.81/SF
EGI
$182.3K $33.15/SF
− OpEx
−$54.7K −$9.95/SF
NOI
$127.6K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /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%
$2,552,800
Cap Rate 7%
$1,823,429
Cap Rate 9%
$1,418,222
Alternative Uses
Best Use
Retail
$1.82M
$1.60M – $2.13M
NOI $127,640 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$111.43M
$97.50M – $130.00M
NOI $7,799,869 @ 7.0% cap · market cap 213.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,294
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 35%
Apparel 12%
Shops & Services 12%
Ralphs
Groceries
46,508 visits/mo
0.3 miles
McDonald's
Dining
31,667 visits/mo
0.2 miles
Ross Dress for Less
Apparel
15,454 visits/mo
0.2 miles
7-Eleven
Shops & Services
15,342 visits/mo
0.2 miles
KFC
Dining
7,524 visits/mo
0.2 miles
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property offered for sale in Los Angeles.
Where is this retail space located?
The property is located at 11825-11829 Wilshire Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 5,500 SqFt of retail space; Stated 0.00% CAP; Located at 11825‑11829 Wilshire Blvd, Los Angeles, CA 90025
