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Five-Unit Strip Center
For Sale
$3,250,000

17326 Pioneer, Artesia, CA 90701

Commercial Sale, Artesia, CA

Property Size5,000 SF
Lot Size0.36 Acres
Price / SF$650
Days on Market251

Property Features for 17326 Pioneer

General Information

Property type Commercial Sale
Property subtype Retail
Directions corner of Pioneer and Artesia.
Subdivision RC - Artesia
Standard status Active
APN 7033004029
Lot size 0.36 Acres

Building Details

Year built 1984
Listing Agency: Keller Williams R. E. Services · Keller Williams Realty
Listed By: Kirk Garabedian · License #01216376
Added: Feb 5 Changed: Oct 8 Last Checked: Oct 14 at 1:06PM
MLS# GD26032143

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit strip center was constructed in 1984 and is offered for sale as a single property. The center is approximately 5,000 square feet and sits on a 15,500 square foot lot. According to the current offering, 3 units (60% of the property) are vacant, creating space for an owner-user to occupy and potentially qualify for an SBA loan, or for an investor to re-tenant the asset.

The property is located at a signalized main intersection of Artesia Boulevard and Pioneer Boulevard in Artesia, California. Offering visibility and convenience for day-to-day retail traffic, the remarks cite combined traffic counts of over 50,000 vehicles based on 2018 MPSA estimates. The site is listed as less than 500 feet from the 91 Freeway and about one mile from the 605 Freeway. Nearby retailers mentioned include Chase Bank, Walgreens, Starbucks, and Stater Bros.

Ingress and egress via Pioneer and Artesia are described as convenient and easy, supporting practical access for customers and tenants.

Key Highlights

  • 5‑unit strip center built in 1984, approx. 5,000 SF on a 15,500 SF lot in Artesia, CA
  • 60% vacant: 3 of 5 units currently vacant, offering potential for an owner‑occupant or re‑leasing
  • Approx. 50,000+ combined vehicles traffic counts (2018 MPSA estimates)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,623
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,212,460 $2.2M
Cap Rate 7%
$1,580,329 $1.6M
Cap Rate 9%
$1,229,144 $1.2M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$169.2K $33.84/SF
− Vacancy
−$11.2K −$2.23/SF
EGI
$158.0K $31.61/SF
− OpEx
−$47.4K −$9.48/SF
NOI
$110.6K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,212,460
Cap Rate 7%
$1,580,329
Cap Rate 9%
$1,229,144

Alternative Uses

Best Use
Retail
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,623 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M (±1% cap)
NOI $187,389 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Law Firm Gym & Fitness Center Parking Lot & Garage Grocery & Convenience Store Garden Center Storage Facility

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

Lease Details

40%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,910
Businesses Nearby
81k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Groceries 32% Dining 27% Home Improvements & Furnishings 4%
Stater Bros. Markets Groceries
26,169 visits/mo 0.2 miles
ARCO Shops & Services
22,741 visits/mo 0.4 miles
El Pollo Loco Dining
12,129 visits/mo 0.4 miles
Denny's Dining
9,373 visits/mo 0.3 miles
Chevron Shops & Services
3,785 visits/mo 0.4 miles

Demographics for 90701, CA

16,434
Population
4,657
Households
3.5
Avg Household Size
41
Median Age
32%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
10,271
Density / Sq Mi
$97,712
Median Household Income
$37,448
Median Earnings
$2,276
Median Rent
$763,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Five-unit strip center at a signalized intersection on Artesia Boulevard and Pioneer Boulevard, with multiple vacancies available.
Where is this strip mall located?
The property is located at 17326 Pioneer Artesia, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 5‑unit strip center built in 1984, approx. 5,000 SF on a 15,500 SF lot in Artesia, CA; 60% vacant: 3 of 5 units currently vacant, offering potential for an owner‑occupant or re‑leasing; Approx. 50,000+ combined vehicles traffic counts (2018 MPSA estimates)
More about this property
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