Mixed-Use Property with Back
For Sale
$699,995
3267 Gage, Huntington Park, CA 90255
Front-facing unit spaces and a 1-bed, 1-bath back house are offered in excellent condition near shopping and schools.
Property Size1,456 SF
Price / SF$480.77
Days on Market280
Property Features for 3267 Gage
General Information
Standard status
Active
Size
1,456 SF
Property subtype
General Commercial
Additional Details
Highway Access
Yes
Amenities
3
Public Transport.
Building Details
Year Built
1948
Listing Agency:
REAL ESTATE EXECUTIVES
(562) 569-3224
Listed By:
HECTOR RUIZ · License #01222299
Source:
Xome
Added: Nov 7, 2025
Changed: Aug 8
Last Checked: Aug 14 at 4:50AM
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 REAL ESTATE EXECUTIVES
Investment Insights
Based on property information with market context.
This mixed-use property includes a 1-bedroom, 1-bathroom back house plus two separate unit spaces in front, facing Gage Ave. The front units and back house are described as being in excellent condition.
The property is located in Huntington Park and positioned near freeways, schools, and shopping.
Overall, the setup provides multiple separate unit spaces, including the standalone back house, within a single offering.
The property is located in Huntington Park and positioned near freeways, schools, and shopping.
Overall, the setup provides multiple separate unit spaces, including the standalone back house, within a single offering.
Key Highlights
- 1948 property offering front‑facing unit spaces plus a 1‑bed, 1‑bath back house
- Back house includes 1 bedroom and 1 bathroom
- Front area provides 2 separate unit spaces facing Gage Ave
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
$29,484
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
4.21%
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%
$589,680
$589.7K
Cap Rate 7%
$421,200
$421.2K
Cap Rate 9%
$327,600
$327.6K
Market Conditions
NOI Build-Up for 1,456 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
$52.4K $36.00/SF
− Vacancy
−$5.2K −$3.60/SF
EGI
$47.2K $32.40/SF
− OpEx
−$17.7K −$12.15/SF
NOI
$29.5K $20.25/SF
Area
Los Angeles County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
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%
$589,680
Cap Rate 7%
$421,200
Cap Rate 9%
$327,600
Alternative Uses
Best Use
Mixed Use
$421.2K
$368.6K – $491.4K
NOI $29,484 @ 7.0% cap · market cap 4.21%
Second Best
Multifamily LT 5
$363.2K
$317.8K – $423.8K
NOI $25,427 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$779.5K
$682.1K – $909.5K
NOI $54,568 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,222
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Front-facing unit spaces and a 1-bed, 1-bath back house are offered in excellent condition near shopping and schools.
Where is this mixed-use property located?
The property is located at 3267 Gage Huntington Park, CA.
What is the asking price?
The asking price for this property is $699,995.
What are key features of this property?
This property features: 1948 property offering front‑facing unit spaces plus a 1‑bed, 1‑bath back house; Back house includes 1 bedroom and 1 bathroom; Front area provides 2 separate unit spaces facing Gage Ave
