Mixed-Use Property on Whittier
For Sale
$1,150,000
11450 Whittier, Whittier, CA 90601
Fully occupied mixed-use property in high-traffic Whittier location.
Property Size2,260 SF
Days on Market107
Property Features for 11450 Whittier
General Information
Standard status
Active
Size
2,260 SF
Property subtype
Commercial
Building Details
Building Size
2,260 SF
Year Built
1952
Units
10
Listing Agency:
(562) 331-5555
Listed By:
Johnny Yu · License #02014249
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 1:51PM
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 Johnny Yu
Investment Insights
Based on property information with market context.
This mixed-use property is located on Whittier Boulevard in the City of Whittier, a high-traffic major artery. The property is fully occupied and generates rental income. The location has a Walk Score of 90, indicating it is a Walker's Paradise, and a Bike Score of 69, indicating it is Bikeable.
Key Highlights
- High traffic location on Whittier Blvd.
- Fully occupied with rental income.
- Rare mixed‑use property.
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
$45,765
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
3.98%
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%
$915,300
$915.3K
Cap Rate 7%
$653,786
$653.8K
Cap Rate 9%
$508,500
$508.5K
Market Conditions
NOI Build-Up for 2,260 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
$81.4K $36.00/SF
− Vacancy
−$8.1K −$3.60/SF
EGI
$73.2K $32.40/SF
− OpEx
−$27.5K −$12.15/SF
NOI
$45.8K $20.25/SF
Area
Los Angeles County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
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%
$915,300
Cap Rate 7%
$653,786
Cap Rate 9%
$508,500
Alternative Uses
Best Use
Mixed Use
$653.8K
$572.1K – $762.8K
NOI $45,765 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,700 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,811
Businesses Nearby
Explore this area
Business Placement
Demographics for 90601, CA
32,625
Population
11,161
Households
2.9
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
3,078
Density / Sq Mi
$102,267
Median Household Income
$53,031
Median Earnings
$1,862
Median Rent
$729,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied mixed-use property in high-traffic Whittier location.
Where is this mixed-use property located?
The property is located at 11450 Whittier Whittier, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: High traffic location on Whittier Blvd.; Fully occupied with rental income.; Rare mixed‑use property.
