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La Mirada Commercial/Retail Building
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15020 La Mirada Blvd, La Mirada, CA 90638

Two-story commercial/retail building in La Mirada Theater Center.

Property Size36,677 SF
Price / SF$272.65
Days on Market356

Property Features for 15020 La Mirada Blvd

General Information

Standard status Active
Size 36,677 SF
Property subtype Retail, Office, Business for Sale
Listing Agency: Colliers International
Listed By: Selden McKnight · License #CA 02027919
Source: Crexi
Added: Aug 12, 2025 Changed: Jul 10 Last Checked: Aug 2 at 5:05AM

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 Colliers International

Investment Insights

Based on property information with market context.

Located in La Mirada, this two-story commercial/retail building offers an opportunity for owner-users or investors. The property, situated within the La Mirada Theater Center, has undergone full renovations since 2022, including a new roof, HVAC system, plumbing, electrical systems, exterior paint, and new offices. Corporate neighbors include Taco Bell, Wendy’s, IHOP, UFC Gym, and Albertsons. The upstairs area has been converted into professional office space, featuring 20 private offices, an exercise room, break rooms, a conference room, and multiple restrooms with high-end finishes and glass-lined private offices. The downstairs is occupied by Golf Plus, a screen golf facility completed in 2024, offering memberships, private VIP rooms, golf lessons, and a putting area. Amenities include a commercial kitchen, a sports bar with a Type 42 Liquor License, a personal training center, and locker rooms. The sale includes the Golf Plus business, along with its furniture, fixtures, and equipment. The upstairs unit can be delivered vacant shortly after the close of escrow. The property size is 36677 square feet.

Key Highlights

  • Fully renovated two‑story commercial/retail building since 2022, featuring a new roof, HVAC, plumbing, electrical, exterior paint, and offices.
  • Includes the Golf Plus business with FF&E, commercial kitchen, sports bar (Type 42 Liquor License), and training center.
  • Located in the high‑traffic La Mirada Theater Center, near Taco Bell, Wendy’s, IHOP, UFC Gym, and Albertsons.

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $1.41M $38.40
− Vacancy −$339.4k −$9.25
EGI $1.07M $29.15
− OpEx −$267.2k −$7.29
NOI $801.7k $21.86
36,677 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$11.45M
$10.02M – $13.36M (±1% cap)
NOI $801,730 @ 7.0% cap · market cap 8.02%
Second Best
Mixed Use
$10.61M
$9.28M – $12.38M (±1% cap)
NOI $742,709 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$19.64M
$17.18M – $22.91M (±1% cap)
NOI $1,374,571 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Optimal Solutions Health ... Medical Clinic Golf Plus (COMING ... Golf Course PDGA USA Family ... Gym & Fitness Center

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Auto Repair Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby

Demographics for 90638, CA

46,967
Population
15,459
Households
3
Avg Household Size
43
Median Age
40%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
6,100
Density / Sq Mi
$110,606
Median Household Income
$54,235
Median Earnings
$2,052
Median Rent
$765,100
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA

$444 Feb
$481 Mar
$594 Apr
$443 May
$493 Jun
Jul

Properties on Market for Mixed-use properties in Los Angeles County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial/retail building in La Mirada Theater Center.
Where is this mixed-use property located?
The property is located at 15020 La Mirada Blvd La Mirada, CA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Fully renovated two‑story commercial/retail building since 2022, featuring a new roof, HVAC, plumbing, electrical, exterior paint, and offices.; Includes the Golf Plus business with FF&E, commercial kitchen, sports bar (Type 42 Liquor License), and training center.; Located in the high‑traffic La Mirada Theater Center, near Taco Bell, Wendy’s, IHOP, UFC Gym, and Albertsons.
More about this property
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