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    Remodeled Mixed-Use Building with Retail Title is generated by Realmo AI

    6851 Foothill, Los Angeles, CA 91042

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    For Sale
    $1,179,999

    Remodeled commercial space plus two 1-bed/1-bath residential units, designed for owner-use or income with modern systems.

    Type:Investment
    Property size:
    1,100 SF
    Price / SF:
    $1,072/SF
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 5:39 am

    Property Features for 6851 Foothill

    General Information

    Standard status
    Active
    Size
    1,100 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1945

    We can help!

    Listing Contact
    Vartan Markarian

    Listing agent Vartan Markarian License #01059771

    Listing office Markarian Realty

    Listing date Jun 4, 2026

    Source Elliman

    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 Markarian Realty

    HighLights

    • Fully remodeled 1945 free‑standing commercial building with about 1,100 SF, plus two residential units
    • Commercial and residential offered on two separate parcels: APN 2568‑020‑045 and APN 2568‑020‑044
    • Renovated in 2021 with new drywall, rebuilt modern bathroom, central A/C, upgraded copper plumbing, and updated electrical systems
    • Back duplex (APN 2568‑020‑044) includes 2 remodeled 1 bed/1 bath units with W/D hookups, private backyards, and 3 parking spaces
    • Newer roof and new electrical panel noted; includes 3 paver parking spaces
    • BikeScore 39 and walkScore 73 (transitScore 30) reported by listing

    Overview

    This remodeled mixed-use property combines a commercial component with two residential units. The building underwent a renovation completed in 2021, with new drywall throughout, a rebuilt modern bathroom, central A/C, upgraded copper plumbing, and updated electrical systems, along with additional improvements including a newer roof. The property also includes three paver parking spaces.

    The offering is structured across two separate parcels, APN 2568-020-045 and APN 2568-020-044. The main building is located at 6851 Foothill in Los Angeles, with the back duplex associated with 2568-020-044 for lot 138 at 6850 Quinton ln in Tujunga. The commercial portion benefits from high visibility on Foothill Blvd, and the location is described as one block from a Starbucks.

    The two residential units are each 1 bedroom and 1 bath, with W/D hook-ups and private backyards, and each includes three parking spaces associated with the property. The configuration supports flexible occupancy and tenanting, and the listing notes the opportunity to buy one or both parcels. The commercial and residential mix is well-suited to an owner-user seeking income from the residential units while maintaining a presence in a high-exposure retail corridor.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.32013
    Latitude
    34.10821

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    FAQs

    What type of property is this?
    Duplex - Remodeled commercial space plus two 1-bed/1-bath residential units, designed for owner-use or income with modern systems.
    Where is this duplex located?
    The property is located at 6851 Foothill Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,179,999.
    What are key features of this property?
    This property features: Fully remodeled 1945 free‑standing commercial building with about 1,100 SF, plus two residential units; Commercial and residential offered on two separate parcels: APN 2568‑020‑045 and APN 2568‑020‑044; Renovated in 2021 with new drywall, rebuilt modern bathroom, central A/C, upgraded copper plumbing, and updated electrical systems
    (818) 248-8668
    We can help!
    Listing Contact
    Vartan Markarian
    Real Estate License ID: 01059771
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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