7-Eleven-Anchored Strip
13606 Roscoe Blvd, Los Angeles, CA 91402
For Sale
$5,200,000
The 2013-built neighborhood center fronts Roscoe Boulevard near Ventura Canyon.
Property Size7,648 SF
Price / SF$679.92
Days on Market15
Property Features for 13606 Roscoe Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Anchor Co-Tenants
Additional Details
Cap Rate
Tenant in Place
Amenities
BELOW REPLACEMENT COST
VALUE ADD - Below Market Rent, Gross to NNN conversion.
POPULATION & INCOME - 205K+ Residents Earning $105K+
Building Details
Building Size
Year Built
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Bill Rose · License #License(s): CA: 01170320, NV: S.0198735
(858) 373-3132
Source:
Marcusmillichap
Added: Oct 24
Changed: Nov 6
Last Checked: Nov 6 at 3:48PM
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 Marcus & Millichap - San Diego
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 neighborhood retail center totals 7,648 square feet and was built in 2013. 7-Eleven anchors the strip mall, providing a named retail tenant within the property.
The center fronts Roscoe Boulevard at Ventura Canyon in Los Angeles. Kaiser Permanente Panorama City Medical Center is directly adjacent, and the property sits along a major San Fernando Valley commercial corridor.
The center fronts Roscoe Boulevard at Ventura Canyon in Los Angeles. Kaiser Permanente Panorama City Medical Center is directly adjacent, and the property sits along a major San Fernando Valley commercial corridor.
Key Highlights
- 7,648‑square‑foot retail center built in 2013
- Anchored by 7‑Eleven
- Frontage on Roscoe Boulevard at Ventura Canyon
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,489
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,549,780
$3.5M
Cap Rate 7%
$2,535,557
$2.5M
Cap Rate 9%
$1,972,100
$2.0M
Market Conditions
NOI Build-Up for 7,648 SF
Gross rent
$282.7K $36.96/SF
− Vacancy
−$29.1K −$3.81/SF
EGI
$253.6K $33.15/SF
− OpEx
−$76.1K −$9.95/SF
NOI
$177.5K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,549,780
Cap Rate 7%
$2,535,557
Cap Rate 9%
$1,972,100
Alternative Uses
Best Use
Retail
$2.54M
$2.22M – $2.96M
NOI $177,489 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$154.94M
$135.58M – $180.77M
NOI $10,846,072 @ 7.0% cap · market cap 208.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,992
Businesses Nearby
605k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 29%
Groceries 26%
Shops & Services 19%
Dining 18%
Walmart
Superstores
178,291 visits/mo
0.2 miles
Food 4 Less
Groceries
65,979 visits/mo
0.3 miles
El Super
Groceries
65,313 visits/mo
0.3 miles
Ross Dress for Less
Apparel
43,561 visits/mo
0.1 miles
Dollar Tree
Shops & Services
30,588 visits/mo
0.1 miles
Demographics for 91402, CA
70,140
Population
20,570
Households
3.4
Avg Household Size
35
Median Age
19%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
18,957
Density / Sq Mi
$56,369
Median Household Income
$31,452
Median Earnings
$1,607
Median Rent
$586,500
Median Home Value
Market
Average Price Trend$/SF for Strip malls in Los Angeles, CA
Properties on Market for Strip malls in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Strip mall - The 2013-built neighborhood center fronts Roscoe Boulevard near Ventura Canyon.
Where is this strip mall located?
The property is located at 13606 Roscoe Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 7,648‑square‑foot retail center built in 2013; Anchored by 7‑Eleven; Frontage on Roscoe Boulevard at Ventura Canyon
