Medical Office Investment
For Sale
$4,425,000
1417 W Beverly Blvd., Montebello, CA 90640
Fully leased medical office building for sale in Montebello.
Property Size11,876 SF
Price / SF$372.60
Days on Market104
Property Features for 1417 W Beverly Blvd.
General Information
Standard status
Active
Size
11,876 SF
Property subtype
Office
Building Details
Building Size
11,876 SF
Year Built
1978
Stories
1
Properties For Sale
at 1417 W Beverly Blvd. Contact us- Size
- 11,876 SF
- Lease Type
- G
Available Space
Listing Agency:
Daum Commercial
(310) 538-6700
Listed By:
Nadia Sandoval · License #CA 02093389
(310) 538-6700
Source:
Daumcommercial
Added: May 18
Changed: Aug 25
Last Checked: Aug 29 at 5:47AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This commercial real estate offering features a fully leased medical office building. The property is located in Montebello, California. The building has a total size of 11876 square feet. It presents a unique investment opportunity within the local community, with medical providers having served the area for many years.
Key Highlights
- Fully Leased Stable Investment
- Unique “in‑fill” Investment Opportunity
- Medical Office
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
$259,600
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
5.87%
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%
$5,192,000
$5.2M
Cap Rate 7%
$3,708,571
$3.7M
Cap Rate 9%
$2,884,444
$2.9M
Market Conditions
NOI Build-Up for 11,876 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
$456.0K $38.40/SF
− Vacancy
−$109.9K −$9.25/SF
EGI
$346.1K $29.15/SF
− OpEx
−$86.5K −$7.29/SF
NOI
$259.6K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
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%
$5,192,000
Cap Rate 7%
$3,708,571
Cap Rate 9%
$2,884,444
Alternative Uses
Best Use
Office B
$3.71M
$3.25M – $4.33M
NOI $259,600 @ 7.0% cap · market cap 5.87%
Second Best
Healthcare Medical
$3.22M
$2.82M – $3.75M
NOI $225,216 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$6.36M
$5.56M – $7.42M
NOI $445,085 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,324
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90640, CA
62,678
Population
20,438
Households
3.1
Avg Household Size
38
Median Age
22%
College-Educated
74%
High-School Grad
8.3 sq mi
ZIP Area
7,552
Density / Sq Mi
$74,833
Median Household Income
$37,983
Median Earnings
$1,771
Median Rent
$660,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical office building for sale in Montebello.
Where is this medical office space located?
The property is located at 1417 W Beverly Blvd. Montebello, CA.
What is the asking price?
The asking price for this property is $4,425,000.
What are key features of this property?
This property features: Fully Leased Stable Investment; Unique “in‑fill” Investment Opportunity; Medical Office
