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Single-Story Medical Office Building
For Sale
$700,000

3174 E Gage, Huntington Park, CA 90255

SINGLE_FAMILY - Huntington Park, CA

Property Size1,092 SF
Price / SF$641.03
Days on Market60

Property Features for 3174 E Gage

General Information

Property type Residential
Property subtype Office
Directions GAGE & PLASKA (2 BLOCKS E. OF EAST GAGE)
Subdivision T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
Standard status Active
APN 6323029018

Utilities

Cooling system Central Air

Building Details

Year built 1946
Listing Agency: The Realestate Group
Listed By: Kevin Suh · License #01307730
Added: Jun 18 Changed: Jul 6 Last Checked: Aug 16 at 6:06PM
MLS# SB26132725

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 single-story, standalone medical office building is described as updated and well maintained, featuring newer HVAC. The interior layout includes a front desk, waiting area, a sterilization room that is plumbed, three operatory rooms with newer CT scan or x-ray equipment, a bathroom, a chart room, and a common area.

The property includes parking in a rear lot for approximately five cars, plus plenty of street parking. The listing indicates the building is set up for an owner-use dental office and has been used as a dental office since 2023. The address is 3174 E Gage in Huntington Park, California (Los Angeles County), with nearby surrounding cities referenced as Maywood, Bell, and Bell Gardens.

The seller will exercise a 1031 exchange. The listing also notes that the sale price of the business is $450,000 and that the business must be sold together with the property.

Key Highlights

  • 1,092 SF single‑story standalone medical building built in 1946 with central air
  • Previously used as a dental office since 2023; seller states the business has ~30 years in this location
  • Front desk, waiting area, sterilization room (plumbed), chart room, and common area

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
$23,870
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
3.41%
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%
$477,400 $477.4K
Cap Rate 7%
$341,000 $341.0K
Cap Rate 9%
$265,222 $265.2K
Market Conditions
NOI Build-Up for 1,092 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
$41.9K $38.40/SF
− Vacancy
−$10.1K −$9.25/SF
EGI
$31.8K $29.15/SF
− OpEx
−$8.0K −$7.29/SF
NOI
$23.9K $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 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%
$477,400
Cap Rate 7%
$341,000
Cap Rate 9%
$265,222

Alternative Uses

Best Use
Office B
$341.0K
$298.4K – $397.8K (±1% cap)
NOI $23,870 @ 7.0% cap · market cap 3.41%
Second Best
Healthcare Medical
$295.8K
$258.9K – $345.2K (±1% cap)
NOI $20,709 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$584.7K
$511.6K – $682.1K (±1% cap)
NOI $40,926 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store

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

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,222
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90255, CA

71,157
Population
19,265
Households
3.7
Avg Household Size
34
Median Age
9%
College-Educated
53%
High-School Grad
3.7 sq mi
ZIP Area
19,232
Density / Sq Mi
$61,376
Median Household Income
$31,695
Median Earnings
$1,443
Median Rent
$562,600
Median Home Value

Market

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Standalone, single-story medical office with rear parking lot, updated HVAC, and interior treatment and waiting areas.
Where is this medical office space located?
The property is located at 3174 E Gage Huntington Park, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,092 SF single‑story standalone medical building built in 1946 with central air; Previously used as a dental office since 2023; seller states the business has ~30 years in this location; Front desk, waiting area, sterilization room (plumbed), chart room, and common area
More about this property
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