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    16417 Whittier Blvd Whittier, CA 90603

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    Commercial property on Whittier Blvd with strong market fundamentals.

    Property size:
    9,275 SF
    Lot size:
    0.52 Acres

    Property Features for 16417 Whittier Blvd

    General Information

    Standard status
    Active
    Zoning
    R-4 (Heavy Multifamily Residential) City of Whittier
    Size
    9,275 SF
    Lot size
    0.52 Acres

    Building Details

    Year built
    1954

    We can help!

    Listing Contact
    Bryan Johnson
    Source: Crexi

    Listing Agency: CBRE - Orange County Listing Agent: Bryan Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Whittier Blvd Commercial Property

    Located on the border of Los Angeles and Orange County, this Whittier property benefits from a dense, infill location with limited new development opportunities. As of September 2025, there are no new medical, office, or retail developments under construction. The Whittier area, according to Costar, has 8.8 million square feet of medical, office, and retail inventory, with a current vacancy rate of 6.3% across these property types. The property's location in East Whittier allows it to capitalize on the growth of both Greater Los Angeles and Orange County. Situated along Whittier Boulevard, a main thoroughfare, the property offers access to multiple freeways, including I-605, I-710, Hwy-60, Hwy-101, and I-5. Its proximity to the intersection of Whittier Boulevard and Beach Boulevard provides access to the local residential population. The property is near Uptown Whittier, Whittwood Town Center, Downtown Brea, and Brea Mall, along with various restaurants along Whittier Boulevard, Beach Boulevard, and Imperial Highway. The property is 9275 square feet and is suitable for medical office space, office properties and spaces, and general commercial real estate.
    Location Intelligence

    Current Use by Public Records

    Whittier Kidney Dialysis Medical Clinic Kevin Huang Physician Dr. Jennifer Imparato Physician Hmmm What Physician

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Washington Boulevard Animal Hospital, Vetco, Petco Vaccination Clinic, Dr. Sara Husain, Throgmorton G DVM

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Los Angeles
    State
    California
    Longitude
    -117.9801834
    Latitude
    33.9403467

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    FAQs

    What type of property is this?
    Medical Office Space - Commercial property on Whittier Blvd with strong market fundamentals.
    Where is this medical office space located?
    The property is located at 16417 Whittier Blvd Whittier, CA.
    What are key features of this property?
    This property features: - Prime location on the border of Los Angeles and Orange County, offering synergies from both markets.; - Supply constrained market with minimal new medical, office, or retail development opportunities.; - Low market vacancy of just 6.3% for medical, office, and retail spaces.
    Request Owner's contact information
    16417 Whittier Blvd Whittier, CA 90603
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16417 Whittier Blvd Whittier, CA 90603
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    Listing Contact
    Bryan Johnson
    Real Estate License ID: 02018612
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