Mixed-Use Retail and
For Sale
$2,800,000
2160 Huntington Dr, Duarte, CA 91010
Property features six total units with retail shops along the frontage and two warehouse units in the rear.
Property Size9,984 SF
Days on Market102
Property Features for 2160 Huntington Dr
General Information
Standard status
Active
Size
9,984 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$21,600
Building Details
Building Size
9,984 SF
Year Built
1956
Units
6
Tenancy
Multi
Listing Agency:
IRN Realty
(626) 833-8929
Listed By:
Mary Zhou · License #01312369
Source:
Elliman
Added: Apr 29
Changed: Aug 8
Last Checked: Aug 8 at 11:01AM
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 IRN Realty
Investment Insights
Based on property information with market context.
This property consists of six total units, with four retail shops (A, B, C, and D) positioned at the frontage and two warehouse units (E and E1) located in the back. The layout supports a combined retail-and-warehouse configuration within a single site.
The property is located on Huntington Drive in Duarte, in an active commercial area referenced in the remarks. Walk score and bike score data are provided in the public remarks, along with a lower transit score.
Public remarks also reference the City of Duarte’s likely approval of a 7-foot-high mixed-use building, subject to the city’s approval process. The opportunity is presented in the remarks as an investor-oriented acquisition, and additional details would be confirmed through due diligence.
The property is located on Huntington Drive in Duarte, in an active commercial area referenced in the remarks. Walk score and bike score data are provided in the public remarks, along with a lower transit score.
Public remarks also reference the City of Duarte’s likely approval of a 7-foot-high mixed-use building, subject to the city’s approval process. The opportunity is presented in the remarks as an investor-oriented acquisition, and additional details would be confirmed through due diligence.
Key Highlights
- Year built 1956
- Total 6 units: 4 retail shops (A, B, C, D) along the frontage
- Rear includes 2 warehouse units (E, E1)
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
$220,892
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
7.89%
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%
$4,417,840
$4.4M
Cap Rate 7%
$3,155,600
$3.2M
Cap Rate 9%
$2,454,356
$2.5M
Market Conditions
NOI Build-Up for 9,984 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
$337.9K $33.84/SF
− Vacancy
−$22.3K −$2.23/SF
EGI
$315.6K $31.61/SF
− OpEx
−$94.7K −$9.48/SF
NOI
$220.9K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
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%
$4,417,840
Cap Rate 7%
$3,155,600
Cap Rate 9%
$2,454,356
Alternative Uses
Best Use
Retail
$3.16M
$2.76M – $3.68M
NOI $220,892 @ 7.0% cap · market cap 7.89%
Second Best
Warehouse
$1.86M
$1.62M – $2.17M
NOI $129,911 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$5.35M
$4.68M – $6.24M
NOI $374,178 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 91010, CA
26,730
Population
8,900
Households
3
Avg Household Size
43
Median Age
31%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
4,177
Density / Sq Mi
$98,189
Median Household Income
$42,257
Median Earnings
$2,035
Median Rent
$691,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Property features six total units with retail shops along the frontage and two warehouse units in the rear.
Where is this strip mall located?
The property is located at 2160 Huntington Dr Duarte, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Year built 1956; Total 6 units: 4 retail shops (A, B, C, D) along the frontage; Rear includes 2 warehouse units (E, E1)
