Vacant 3-Unit
New
For Sale
$1,025,000
7191 Kuhl, Commerce, CA 90040
Each residence has two bedrooms and one bathroom, with all three units scheduled for delivery vacant at closing.
Property Size2,546 SF
Days on Market2
Property Features for 7191 Kuhl
General Information
Standard status
Active
Size
2,546 SF
Property subtype
Investment
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Building Details
Building Size
2,546 SF
Year Built
1964
Stories
1
Units
3
Listed By:
JAVIER RAMIREZ · License #1233369
(213) 216-5306
Source:
Elliman
Added: Sep 30
Last Checked: Oct 1 at 12:47PM
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 JAVIER RAMIREZ
Investment Insights
Based on property information with market context.
This residential property contains three units on a single lot. Each unit has a two-bedroom, one-bathroom layout, and all three are scheduled to be vacant at closing. The building dates to 1964.
The property is in Commerce near the 5 Freeway. Its Walk Score is 75 and its Bike Score is 59.
The property is in Commerce near the 5 Freeway. Its Walk Score is 75 and its Bike Score is 59.
Key Highlights
- Three residential units occupy one lot
- Each unit has 2 bedrooms and 1 bathroom
- All units scheduled for vacant delivery at closing
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
$44,462
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
4.34%
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%
$889,240
$889.2K
Cap Rate 7%
$635,171
$635.2K
Cap Rate 9%
$494,022
$494.0K
Market Conditions
NOI Build-Up for 2,546 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
$68.7K $27.00/SF
− Vacancy
−$5.2K −$2.05/SF
EGI
$63.5K $24.95/SF
− OpEx
−$19.1K −$7.48/SF
NOI
$44.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /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%
$889,240
Cap Rate 7%
$635,171
Cap Rate 9%
$494,022
Alternative Uses
Best Use
Multifamily LT 5
$635.2K
$555.8K – $741.0K
NOI $44,462 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$585.2K
$512.1K – $682.8K
NOI $40,967 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,418 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
Demographics for 90040, CA
12,089
Population
3,376
Households
3.6
Avg Household Size
36
Median Age
12%
College-Educated
65%
High-School Grad
5.6 sq mi
ZIP Area
2,159
Density / Sq Mi
$70,909
Median Household Income
$37,924
Median Earnings
$1,390
Median Rent
$576,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Each residence has two bedrooms and one bathroom, with all three units scheduled for delivery vacant at closing.
Where is this triplex located?
The property is located at 7191 Kuhl Commerce, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Three residential units occupy one lot; Each unit has 2 bedrooms and 1 bathroom; All units scheduled for vacant delivery at closing
