Retail Strip on Rosecrans
For Sale
$829,000
11912 Rosecrans Ave, Norwalk, CA 90650
Storefront property with three units on Rosecrans Avenue.
Property Size2,250 SF
Price / SF$368.44
Days on Market103
Property Features for 11912 Rosecrans Ave
General Information
Standard status
Active
Size
2,250 SF
Building Details
Building Size
2,250 SF
Year Built
1957
Stories
1
Listing Agency:
(626) 588-7759
Listed By:
Yumei Sun
(626) 588-7759
Source:
Evrealestate
Added: May 19
Changed: Aug 26
Last Checked: Aug 28 at 8:32AM
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 Yumei Sun
Investment Insights
Based on property information with market context.
This storefront retail property features three tenant spaces, each measuring 750 square feet. The tax office has operated for five years, while the juice bar has been in business for ten years. A hair salon was previously tenanted for ten years until the tenant retired. The property includes five parking stalls, plus one handicap parking space in the rear. The units are easily rentable due to their small size. The juice bar and tax office each have base rents of $1,094.00 per month, plus CAM fees of $750.00 per month. The hair salon previously rented for $2,273 per month. The property's roof has been totally renovated. Copper water supply lines from the city main terminal have been replaced and rerouted to all three units, along with the broken main drain under the sidewalk. The electrical wiring in all units has been inspected, and all three old and outdated electrical breaker panels have been replaced. Located on highly visible Rosecrans Avenue, the property is surrounded by established residences with a growing demand for personal services such as hair salons, barber shops, nail shops, insurance, income tax services, and low-cost takeout food and drinks. The current rent is below market value. The property has a bike score of 60, indicating it is bikeable, a walk score of 54, indicating it is somewhat walkable, and a transit score of 40, indicating some transit options are available.
Key Highlights
- Three tenant storefront property with existing income from Tax Office and Juice Bar.
- High visibility location on Rosecrans Avenue.
- Recently renovated roof, copper water supply lines, and electrical breaker panels.
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
$31,993
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
3.86%
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%
$639,860
$639.9K
Cap Rate 7%
$457,043
$457.0K
Cap Rate 9%
$355,478
$355.5K
Market Conditions
NOI Build-Up for 2,250 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
$50.0K $22.20/SF
− Vacancy
−$4.2K −$1.89/SF
EGI
$45.7K $20.31/SF
− OpEx
−$13.7K −$6.09/SF
NOI
$32.0K $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%
$639,860
Cap Rate 7%
$457,043
Cap Rate 9%
$355,478
Alternative Uses
Best Use
Retail
$457.0K
$399.9K – $533.2K
NOI $31,993 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$711.7K
$622.7K – $830.3K
NOI $49,819 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
237k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 34%
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
0.3 miles
Starbucks
Dining
19,494 visits/mo
0.2 miles
Chase Bank
Shops & Services
17,755 visits/mo
0.4 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
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property with three units on Rosecrans Avenue.
Where is this storefront property located?
The property is located at 11912 Rosecrans Ave Norwalk, CA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Three tenant storefront property with existing income from Tax Office and Juice Bar.; High visibility location on Rosecrans Avenue.; Recently renovated roof, copper water supply lines, and electrical breaker panels.
