Two-Story Professional Building For
For Sale
$2,300,000
16336 Whittier Blvd, Whittier, CA 90603
Two-story professional building with long-term tenants in Whittier, CA.
Property Size5,428 SF
Lot Size0.30 Acres
Price / SF$423.73
Days on Market152
Property Features for 16336 Whittier Blvd
General Information
Standard status
Active
Size
5,428 SF
Lot size
0.30 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$19,138
Building Details
Building Size
5,428 SF
Year Built
1988
Units
4
Listing Agency:
(562) 714-4121
Listed By:
Roseann Oesterreich
(562) 714-4121
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 8 at 6:13AM
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 Roseann Oesterreich
Investment Insights
Based on property information with market context.
This well-maintained, two-story professional building offers 5,428 square feet of space on a 12,876 square foot lot. The building is fully occupied with long-term tenants, including an endodontic dental practice, a mental health practice, and a general dental practice. Amenities include central air and heat, separate storage space, and an elevator. There are 26 parking spaces available. The property is located near Whittwood Towne Center, major banks, restaurants, shops, and public transportation.
Key Highlights
- Fully occupied with long‑term tenants (endodontic dental, mental health, general dental)
- Sizeable 5,428 sq. ft. professional building on a 12,876 sq. ft. lot
- Benefit from 26 parking spaces available
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
$118,652
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
5.16%
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%
$2,373,040
$2.4M
Cap Rate 7%
$1,695,029
$1.7M
Cap Rate 9%
$1,318,356
$1.3M
Market Conditions
NOI Build-Up for 5,428 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
$208.4K $38.40/SF
− Vacancy
−$50.2K −$9.25/SF
EGI
$158.2K $29.15/SF
− OpEx
−$39.6K −$7.29/SF
NOI
$118.7K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
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%
$2,373,040
Cap Rate 7%
$1,695,029
Cap Rate 9%
$1,318,356
Alternative Uses
Best Use
Office B
$1.70M
$1.48M – $1.98M
NOI $118,652 @ 7.0% cap · market cap 5.16%
Second Best
Healthcare Medical
$1.47M
$1.29M – $1.72M
NOI $102,936 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$2.91M
$2.54M – $3.39M
NOI $203,429 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,063
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90603, CA
21,174
Population
6,659
Households
3.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
6,617
Density / Sq Mi
$121,222
Median Household Income
$54,954
Median Earnings
$2,324
Median Rent
$781,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story professional building with long-term tenants in Whittier, CA.
Where is this medical office space located?
The property is located at 16336 Whittier Blvd Whittier, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Fully occupied with long‑term tenants (endodontic dental, mental health, general dental); Sizeable 5,428 sq. ft. professional building on a 12,876 sq. ft. lot; Benefit from **26 parking spaces available**
