Firestone Courtyard Offices &
12340 Firestone Blvd Norwalk, CA 90650
12340 Firestone Blvd, Norwalk, CA, 90650
Contact for pricing
For Sale
Contact for pricing
Office and live/work spaces available on Firestone Boulevard.
Property Size3,448 SF
Price / SF$462.59
Days on Market1644
Property Features for 12340 Firestone Blvd
General Information
- Standard status
- Active
- Size
- 3,448 SF
- Property subtype
- Office
Building Details
- Year Built
- 1962
Listing Agency
Commercial Asset Group, Inc.
Listed by
Jeff Galvan · License #CA 01291531
Source
Crexi
Added: Jan 17, 2022 Checked: Jul 15 at 9:40 pm
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.
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.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.1k | $27.00 |
| − Vacancy | −$20.0k | −$5.81 |
| EGI | $73.1k | $21.20 |
| − OpEx | −$18.3k | −$5.30 |
| NOI | $54.8k | $15.90 |
3,448 SF · lease $27.00/SF/yr · vacancy 21.50% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
GreenLine Express
Freight Service
Firestone
(Bike/Boat/Book/etc) Store
Scontruct Architecture
Architect
Similar For Sale Nearby
FAQs
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.
