Renovated Retail Building, East
5914-5916 Whittier Blvd Los Angeles, CA
For Sale
Contact for pricing
Newly renovated retail building in East LA with parking.
Property Size3,000 SF
Lot Size0.11 Acres
Price / SF$283.33
Days on Market724
Property Features for 5914-5916 Whittier Blvd
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.11 Acres
- Property subtype
- RETAIL
Listing Agency:
Top Properties Corporation
(323) 235-5050
Listed By:
Michael Chang
Source:
Moodyscre
Added: Jul 30, 2024
Changed: Jul 10
Last Checked: Jul 21 at 6:05AM
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 Top Properties Corporation
Investment Insights
Based on property information with market context.
This is a newly renovated retail building located in East Los Angeles. The property benefits from a location with high traffic volume. It features fenced and paved rear parking. The building is situated minutes away from the 5 and 10 Freeways. The property has a size of 3000 square feet.
Key Highlights
- Newly renovated retail building, ready for your business.
- Great location with high traffic volume.
- Fenced and paved rear parking.
Financial Insights For Retail
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 | $110.9k | $36.96 |
| − Vacancy | −$11.4k | −$3.81 |
| EGI | $99.5k | $33.15 |
| − OpEx | −$29.8k | −$9.95 |
| NOI | $69.6k | $23.21 |
3,000 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$994.6K
$870.3K – $1.16M
NOI $69,622 @ 7.0% cap · market cap 8.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$60.78M
$53.18M – $70.91M
NOI $4,254,474 @ 7.0% cap · market cap 500.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Newly renovated retail building in East LA with parking.
Where is this retail space located?
The property is located at 5914-5916 Whittier Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Newly renovated retail building, ready for your business.; Great location with high traffic volume.; Fenced and paved rear parking.
