Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11235 Washington Blvd Whittier, CA 90606

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $100,000

    Massage store in shopping center with conditional user permit.

    Property Features for 11235 Washington Blvd

    General Information

    Property type
    Other
    Standard status
    Active

    Building Details

    Year built
    2012

    We can help!

    Listing Contact
    Eric Tai
    Source: Elliman

    Listing Agent: Eric Tai

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Established Massage Store For Sale

    This 1500-square-foot massage store is located in a shopping center with ample parking. Established for 12 years, the business reports serving 600-700 customers per month. A conditional user permit has been approved and may be transferable to the new owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    B & W Cleaners (Bike/Boat/Book/etc) Store In Step Massage - Whittier Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Los Angeles
    State
    California
    Longitude
    -118.0711902
    Latitude
    33.9722454

    Nearby Similar for Sale

    • $350,000

      Auto Repair Business Opportunity

      Established auto repair business and property for sale in Whittier.
      13264 Meyer Rd, Whittier, CA 90605
      View Details
    • New
      $879,900
      1,847 SF

      Remodeled Duplex in Whittier

      Remodeled duplex with garages, ideal for owner occupancy.
      11480 Burke St, Whittier, CA 90606
      View Details
    • $189,000
      2,091 SF

      Drive-Thru Restaurant Business Opportunity

      Turn-key drive-thru restaurant with equipment included in Whittier, CA.
      14939 Leffingwell Rd, Whittier, CA 90604
      View Details
    • $1,950,000
      2,160 SF

      Whittier Auto Repair Business Opportunity

      Established auto repair business and property for sale in Whittier.
      13264 Meyer Rd, Whittier, CA 90605
      View Details
    • New
      $1,125,000
      1,978 SF

      Whittier Duplex in Established Neighborhood

      Two detached units ideal for investment or multi-generational living.
      10540 Bogardus Ave, Whittier, CA 90603
      View Details
    • $949,000
      2,523 SF

      Whittier Triplex with Renovation Potential

      Triplex in uptown Whittier with renovation and ADU potential.
      7928 Milton Ave, Whittier, CA 90602
      View Details
    • New
      $1,275,000
      Pending

      Whittier Triplex on Large Lot

      Well-maintained triplex in Whittier with excellent rental potential.
      11643 Aeolian St, Whittier, CA 90606
      View Details
    • $999,000
      Pending

      Whittier Triplex on Large Lot

      Triplex in Whittier with a large 19,175 square foot lot.
      8428 Norwalk Blvd, Whittier, CA 90606
      View Details
    • New
      $1,150,000
      3,610 SF

      Whittier Triplex with Rental Upside

      Triplex in Whittier, CA with value-add potential.
      8346 Sargent Ave, Whittier, CA 90605
      View Details
    • New
      $819,000
      1,872 SF

      Whittier Duplex with Garages

      Charming duplex in Whittier with separate garages and reliable tenants.
      6330 Pierce Ave, Whittier, CA 90601
      View Details
    • $2,687,000

      Two-Story Professional Building For Sale

      Two-story professional building with long-term tenants in Whittier, CA.
      16336 Whittier Ave, Whittier, CA 90603
      View Details
    • $3,190,000
      7,078 SF

      Whittier Duplexes: Investment Opportunity

      Six detached residential units on three contiguous parcels in Whittier.
      7602 Pickering Ave, Whittier, CA 90602
      View Details

    FAQs

    What type of property is this?
    Retail space - Massage store in shopping center with conditional user permit.
    Where is this retail space located?
    The property is located at 11235 Washington Blvd Whittier, CA.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Turnkey massage store, ready for new ownership.; - Established business (12 years) with high customer volume (600-700/month).; - Features 1500 square feet.
    (626) 922-8418
    Request Owner's contact information
    11235 Washington Blvd Whittier, CA 90606
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11235 Washington Blvd
    Whittier, CA 90606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11235 Washington Blvd Whittier, CA 90606
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Eric Tai
    (626) 922-8418
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!