Mixed-Use
New
For Sale
$3,563,215
12222 Garfield Avenue, South Gate, CA 90280
Mixed-use property at 12222 Garfield Avenue in South Gate, California.
Property Size11,029 SF
Days on Market3
Property Features for 12222 Garfield Avenue
General Information
Standard status
Active
Size
11,029 SF
Property subtype
Retail
Building Details
Building Size
11,029 SF
Listing Agency:
Lee & Associates - Torrance
(310) 965-1754
Listed By:
Tom Torabi · License #CalDRE #00936845
Source:
Lee-associates
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 4:12PM
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 Lee & Associates - Torrance
Investment Insights
Based on property information with market context.
Hollydale Plaza is a mixed-use property located at 12222 Garfield Avenue in South Gate, California. The asset is offered for sale and is identified as a mixed-use property.
Key Highlights
- Mixed‑use property offered for sale
- 12222 Garfield Avenue, South Gate, CA 90280
- Property identified as Hollydale Plaza
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
$244,012
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
6.85%
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%
$4,880,240
$4.9M
Cap Rate 7%
$3,485,886
$3.5M
Cap Rate 9%
$2,711,244
$2.7M
Market Conditions
NOI Build-Up for 11,029 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
$373.2K $33.84/SF
− Vacancy
−$24.6K −$2.23/SF
EGI
$348.6K $31.61/SF
− OpEx
−$104.6K −$9.48/SF
NOI
$244.0K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /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%
$4,880,240
Cap Rate 7%
$3,485,886
Cap Rate 9%
$2,711,244
Alternative Uses
Best Use
Retail
$3.49M
$3.05M – $4.07M
NOI $244,012 @ 7.0% cap · market cap 6.85%
Second Best
Mixed Use
$3.19M
$2.79M – $3.72M
NOI $223,337 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$5.90M
$5.17M – $6.89M
NOI $413,342 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 90280, CA
92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property at 12222 Garfield Avenue in South Gate, California.
Where is this mixed-use property located?
The property is located at 12222 Garfield Avenue South Gate, CA.
What is the asking price?
The asking price for this property is $3,563,215.
What are key features of this property?
This property features: Mixed‑use property offered for sale; 12222 Garfield Avenue, South Gate, CA 90280; Property identified as Hollydale Plaza
