Retail Storefront For
For Sale
Contact for pricing
1835 N CAHUENGA BLVD, Los Angeles, CA 90028
Standalone retail asset offered for sale, suited for businesses seeking their own street-level presence.
Property Size4,000 SF
Price / SF$662.50
Days on Market103
Property Features for 1835 N CAHUENGA BLVD
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail
Zoning
LAC4
Investment Type
Owner/User
Net Operating Income
$144,000
Building Details
Year Built
1908
Stories
1
Units
1
Tenancy
Single
Listing Agency:
CBRE - South Bay
Listed By:
Bo Henderson · License #02148577
(310) 892-5644
Source:
Crexi
Added: May 27
Changed: Aug 25
Last Checked: Sep 5 at 9:54PM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
This for-sale retail storefront is offered as a single commercial space totaling 4,000 SF. The property is presented as retail real estate, with a configuration designed for retail occupancy.
Located at 1835 N Cahuenga Blvd in Los Angeles, CA 90028, the site benefits from a boulevard address and storefront format that can support in-person customer access. The offering is marketed specifically as retail, aligning with tenants and operators looking for a dedicated retail footprint.
For prospective buyers, this property offers a straightforward option for retail use, whether you are planning to occupy the space or evaluate it as a retail asset. Its clearly defined retail classification and total area of 4,000 SF make it easy to underwrite and plan for a retail business that requires a dedicated storefront location. The property is listed for sale at $2,650,000.
Located at 1835 N Cahuenga Blvd in Los Angeles, CA 90028, the site benefits from a boulevard address and storefront format that can support in-person customer access. The offering is marketed specifically as retail, aligning with tenants and operators looking for a dedicated retail footprint.
For prospective buyers, this property offers a straightforward option for retail use, whether you are planning to occupy the space or evaluate it as a retail asset. Its clearly defined retail classification and total area of 4,000 SF make it easy to underwrite and plan for a retail business that requires a dedicated storefront location. The property is listed for sale at $2,650,000.
Key Highlights
- Standalone retail asset built in 1908
- Retail space totals 4,000 SF
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
$92,829
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
3.50%
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%
$1,856,580
$1.9M
Cap Rate 7%
$1,326,129
$1.3M
Cap Rate 9%
$1,031,433
$1.0M
Market Conditions
NOI Build-Up for 4,000 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
$147.8K $36.96/SF
− Vacancy
−$15.2K −$3.81/SF
EGI
$132.6K $33.15/SF
− OpEx
−$39.8K −$9.95/SF
NOI
$92.8K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
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%
$1,856,580
Cap Rate 7%
$1,326,129
Cap Rate 9%
$1,031,433
Alternative Uses
Best Use
Retail
$1.33M
$1.16M – $1.55M
NOI $92,829 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$81.04M
$70.91M – $94.54M
NOI $5,672,632 @ 7.0% cap · market cap 214.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,121
Businesses Nearby
65k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Office Supplies 28%
Dining 22%
Beauty & Spa 3%
Staples
Office Supplies
18,425 visits/mo
0.5 miles
Chase Bank
Shops & Services
13,591 visits/mo
0.4 miles
Bank of America
Shops & Services
9,377 visits/mo
0.5 miles
Intelligentsia Coffee
Dining
9,319 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,405 visits/mo
0.2 miles
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail asset offered for sale, suited for businesses seeking their own street-level presence.
Where is this storefront property located?
The property is located at 1835 N CAHUENGA BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Standalone retail asset built in 1908; Retail space totals 4,000 SF
