Firestone Courtyard Offices &
For Sale
Contact for pricing
12340 Firestone Blvd, Norwalk, CA 90650
Office and live/work spaces available on Firestone Boulevard.
Property Size3,448 SF
Price / SF$462.59
Days on Market1737
Property Features for 12340 Firestone Blvd
General Information
Standard status
Active
Size
3,448 SF
Total Parking Spaces
15
Property subtype
Office
Zoning
C3
Investment Type
Owner/User
Net Operating Income
$77,200
Building Details
Year Built
1962
Year Renovated
2020
Units
9
Tenancy
Multi
Listing Agency:
Commercial Asset Group, Inc.
Listed By:
Jeff Galvan · License #CA 01291531
Source:
Crexi
Added: Jan 17, 2022
Changed: Oct 8
Last Checked: Oct 19 at 7:03AM
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 Commercial Asset Group, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property offers a combination of office and live/work spaces. Located on Firestone Boulevard, the property provides an opportunity for businesses or individuals seeking a versatile space. The building has a total size of 3,448 square feet.
Key Highlights
- Live/Work Property available for sale.
- Features courtyard offices.
- Located in the Firestone area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,810
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,200
$1.1M
Cap Rate 7%
$783,000
$783.0K
Cap Rate 9%
$609,000
$609.0K
Market Conditions
NOI Build-Up for 3,448 SF
Gross rent
$93.1K $27.00/SF
− Vacancy
−$20.0K −$5.81/SF
EGI
$73.1K $21.20/SF
− OpEx
−$18.3K −$5.30/SF
NOI
$54.8K $15.90/SF
Area
Norwalk, CA
Vacancy
21.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,200
Cap Rate 7%
$783,000
Cap Rate 9%
$609,000
Alternative Uses
Best Use
Office B
$783.0K
$685.1K – $913.5K
NOI $54,810 @ 7.0% cap · market cap 3.44%
Second Best
Mixed Use
$718.8K
$629.0K – $838.6K
NOI $50,317 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$1.09M
$954.3K – $1.27M
NOI $76,345 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Live-work space - Office and live/work spaces available on Firestone Boulevard.
Where is this live-work space located?
The property is located at 12340 Firestone Blvd Norwalk, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Live/Work Property available for sale.; Features courtyard offices.; Located in the Firestone area.
