Front-Facing Office
For Sale
$3,190,000
1427 1431 S Atlantic Boulevard East Los Angeles, Los Angeles, CA 90022
Office building with gated on-site parking and strong frontage along Atlantic Boulevard in East Los Angeles.
Property Size10,175 SF
Lot Size0.53 Acres
Price / SF$313.51
Days on Market30
Property Features for 1427 1431 S Atlantic Boulevard East Los Angeles
General Information
Standard status
Active
Size
10,175 SF
Lot size
0.53 Acres
Site & Location
Traffic Count
232,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
1960
Tenancy
Single
Listing Agency:
(909) 328-1567
Listed By:
Lawson Lin
(909) 328-1567
Source:
Rmarealty
Added: Jul 8
Changed: Jul 23
Last Checked: Aug 6 at 3:47AM
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 Lawson Lin
Investment Insights
Based on property information with market context.
The property for sale includes a two-address office building at 1427–1431 S Atlantic Boulevard, East Los Angeles. The building is approximately 10,175 SF on a 0.53-acre parcel. The property is currently leased to East Los Angeles Women’s Center. The existing lease has one year remaining and includes no options.
The property offers frontage along S Atlantic Boulevard, described as a highly trafficked thoroughfare just off Interstate 5. The remarks also note proximity to the 710 Freeway and an easy destination experience supported by ample on-site gated parking and access.
The area surrounding the property is described as predominantly single-family housing, with retail and industrial properties nearby. The property is also positioned about half a mile north of Citadel Outlets and about half a mile south of Commerce Center.
The property offers frontage along S Atlantic Boulevard, described as a highly trafficked thoroughfare just off Interstate 5. The remarks also note proximity to the 710 Freeway and an easy destination experience supported by ample on-site gated parking and access.
The area surrounding the property is described as predominantly single-family housing, with retail and industrial properties nearby. The property is also positioned about half a mile north of Citadel Outlets and about half a mile south of Commerce Center.
Key Highlights
- 10,175 SF building on a 0.53‑acre (23,101 SF) parcel at 1427‑1431 S Atlantic Blvd, East Los Angeles, CA 90022
- Frontage along Atlantic Blvd, a highly trafficked thoroughfare just off I‑5, with traffic of more than 232,000 vehicles per day
- Leased to East Los Angeles Women's Center under an existing lease with 1 year left and no options
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
$261,019
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
8.18%
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%
$5,220,380
$5.2M
Cap Rate 7%
$3,728,843
$3.7M
Cap Rate 9%
$2,900,211
$2.9M
Market Conditions
NOI Build-Up for 10,175 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
$418.8K $41.16/SF
− Vacancy
−$70.8K −$6.96/SF
EGI
$348.0K $34.20/SF
− OpEx
−$87.0K −$8.55/SF
NOI
$261.0K $25.65/SF
Area
ZIP 90022
Vacancy
16.90%
Lease Rate
$41.16 /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%
$5,220,380
Cap Rate 7%
$3,728,843
Cap Rate 9%
$2,900,211
Alternative Uses
Best Use
Office B
$3.73M
$3.26M – $4.35M
NOI $261,019 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.15M
$3.63M – $4.84M
NOI $290,196 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
232,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,949
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
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?
Office building - Office building with gated on-site parking and strong frontage along Atlantic Boulevard in East Los Angeles.
Where is this office building located?
The property is located at 1427 1431 S Atlantic Boulevard East Los Angeles Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,190,000.
What are key features of this property?
This property features: 10,175 SF building on a 0.53‑acre (23,101 SF) parcel at 1427‑1431 S Atlantic Blvd, East Los Angeles, CA 90022; Frontage along Atlantic Blvd, a highly trafficked thoroughfare just off I‑5, with traffic of more than 232,000 vehicles per day; Leased to East Los Angeles Women's Center under an existing lease with 1 year left and no options
