Furnished Coworking Space with Private
For Sale
Contact for pricing
15838 Whittier, Whittier, CA 90603
Includes a dedicated open work area and shared meeting, lounge, kitchen, and restroom facilities.
Property Size1,367 SF
Price / SF$1.10
Days on Market18
Property Features for 15838 Whittier
General Information
Standard status
Active
Size
1,367 SF
Property subtype
Office
Space & Availability
Condition
Move-in Ready
Furnished
Yes
Additional Details
Property Use
Shared Office Space
Amenities
meeting spaces
lounge
kitchen/breakroom
restroom
Building Details
Tenancy
Multi
Listing Agency:
Century 21 Masters
Listed By:
Jack Ma
(909) 610-5188
Source:
Jackmarealestate
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 28 at 3:52PM
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 Century 21 Masters
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Investment Insights
Based on property information with market context.
A furnished coworking suite within the Paul & Tiffany Real Estate Building offers 1,367 square feet of workspace. The layout includes one private, lockable office and a separate dedicated open work area. Meeting rooms, a lounge, kitchen and breakroom, and restroom are shared with the building’s established real estate business. The owners are infrequently present onsite, and daily occupancy is minimal.
The property is on Whittier Boulevard in East Whittier, near Whittwood Town Center, dining, and shopping.
The property is on Whittier Boulevard in East Whittier, near Whittwood Town Center, dining, and shopping.
Key Highlights
- 1,367 square feet of furnished coworking space
- One private, lockable office plus a dedicated open work area
- Shared meeting spaces, lounge, kitchen/breakroom, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,882
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,640
$597.6K
Cap Rate 7%
$426,886
$426.9K
Cap Rate 9%
$332,022
$332.0K
Market Conditions
NOI Build-Up for 1,367 SF
Gross rent
$52.5K $38.40/SF
− Vacancy
−$12.7K −$9.25/SF
EGI
$39.8K $29.15/SF
− OpEx
−$10.0K −$7.29/SF
NOI
$29.9K $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 Rate 5%
$597,640
Cap Rate 7%
$426,886
Cap Rate 9%
$332,022
Alternative Uses
Best Use
Office B
$426.9K
$373.5K – $498.0K
NOI $29,882 @ 7.0% cap · market cap 1,992.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$731.9K
$640.4K – $853.9K
NOI $51,232 @ 7.0% cap · market cap 3,415.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,457
Businesses Nearby
Explore this area
Business Placement
Demographics for 90603, CA
21,174
Population
6,659
Households
3.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
6,617
Density / Sq Mi
$121,222
Median Household Income
$54,954
Median Earnings
$2,324
Median Rent
$781,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Coworking space - Includes a dedicated open work area and shared meeting, lounge, kitchen, and restroom facilities.
Where is this coworking space located?
The property is located at 15838 Whittier Whittier, CA.
What are key features of this property?
This property features: 1,367 square feet of furnished coworking space; One private, lockable office plus a dedicated open work area; Shared meeting spaces, lounge, kitchen/breakroom, and restroom
