Norwalk Commercial Building on
For Sale
$900,000
12013 Rosecrans Ave, Norwalk, CA 90650
2,212 SF commercial building with income and growth potential.
Property Size2,212 SF
Lot Size0.15 Acres
Price / SF$406.87
Days on Market154
Property Features for 12013 Rosecrans Ave
General Information
Standard status
Active
Size
2,212 SF
Lot size
0.15 Acres
Property subtype
Commercial
Building Details
Building Size
2,212 SF
Year Built
1971
Units
36045
Listing Agency:
(562) 924-3377
Listed By:
Jamie Kim · License #01909752
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 8 at 2:17PM
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 Jamie Kim
Investment Insights
Based on property information with market context.
This 2,212 SF commercial building in Norwalk presents an excellent opportunity. The property features three separate units (12013, 12015, 12017) and is currently 50% occupied, generating steady rental income. The vacant space offers flexibility for an owner-user or the potential for additional leasing income. Situated on busy Rosecrans Ave, the property benefits from high visibility and traffic counts, making it suitable for medical, office, or service businesses. On-site parking and convenient access to the 5, 605, and 105 Freeways enhance its desirability for tenants and customers. This well-positioned commercial building offers immediate income and strong growth potential.
Key Highlights
- High visibility location on busy Rosecrans Ave with high traffic counts.
- Three separate units (12013, 12015, 12017) offering flexibility.
- Current rental income from 50% occupancy provides immediate return.
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
$35,703
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
3.97%
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%
$714,060
$714.1K
Cap Rate 7%
$510,043
$510.0K
Cap Rate 9%
$396,700
$396.7K
Market Conditions
NOI Build-Up for 2,212 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
$65.0K $29.40/SF
− Vacancy
−$5.5K −$2.50/SF
EGI
$59.5K $26.90/SF
− OpEx
−$23.8K −$10.76/SF
NOI
$35.7K $16.14/SF
Area
Norwalk, CA
Vacancy
8.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
40.00%
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%
$714,060
Cap Rate 7%
$510,043
Cap Rate 9%
$396,700
Alternative Uses
Best Use
Healthcare Medical
$510.0K
$446.3K – $595.1K
NOI $35,703 @ 7.0% cap · market cap 3.97%
Second Best
Office B
$502.3K
$439.5K – $586.1K
NOI $35,163 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$699.7K
$612.2K – $816.3K
NOI $48,978 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - 2,212 SF commercial building with income and growth potential.
Where is this storefront property located?
The property is located at 12013 Rosecrans Ave Norwalk, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: High visibility location on busy Rosecrans Ave with high traffic counts.; Three separate units (12013, 12015, 12017) offering flexibility.; Current rental income from 50% occupancy provides immediate return.
