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    Retail Building Near Downtown LA Title is generated by Realmo AI

    3518 Whittier Blvd, Los Angeles, CA 90023

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    Claim this Listing
    For Sale
    $1,499,000

    Retail building with three spaces, parking, and high-visibility traffic.

    Type:Commercial
    Property size:
    5,380 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $278/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 3:08 pm

    Property Features for 3518 Whittier Blvd

    General Information

    Standard status
    Active
    Size
    5,380 SF
    Lot size
    0.20 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1947

    We can help!

    Listing Contact
    Jesse Barocio

    Listing agent Jesse Barocio License #00975018

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Jesse Barocio

    HighLights

    • Walker's Paradise: Enjoy excellent walkability with a Walk Score of 90.
    • High Visibility & Traffic: Attracts tenants and customers, ensuring business success.
    • Three Retail Spaces: Provides immediate income potential for investors.
    • Convenient Parking: Ample parking space available for customers.
    • Good Transit: Benefit from good public transportation options with a Transit Score of 68.
    • Proximity to Key Locations: Located near Downtown Los Angeles and Dodger Stadium.

    Overview

    This 5,380 square foot building on an 8,629 square foot lot, per assessor data, offers a prime opportunity. The property features three retail spaces and ample parking. Benefiting from strong visibility and traffic, the location is likely to attract both tenants and customers. The property is near downtown Los Angeles and Dodger Stadium. The location has a walk score of 90, indicating it is a Walker's Paradise; a transit score of 68, indicating good transit options; and a bike score of 62, indicating it is bikeable.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $198.8k $36.96
    − Vacancy −$20.5k −$3.81
    EGI $178.4k $33.15
    − OpEx −$53.5k −$9.95
    NOI $124.9k $23.21
    5,380 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.78M
    $1.56M – $2.08M (±1% cap)
    NOI $124,855 @ 7.0% cap · market cap 8.33%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $109.00M
    $95.37M – $127.16M (±1% cap)
    NOI $7,629,690 @ 7.0% cap · market cap 508.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Angel's Clothing Store ... (Bike/Boat/Book/etc) Store Cemitas Tepeaca Restaurant Junk Car Buyers ... Car Dealership IDGraphx - Business Signs ... (Bike/Boat/Book/etc) Store Cell city solutions ... Mobile Phone Store

    Suggested Use

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

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

    Similar Places Nearby

    • Tellez Flowers — 3647 E Olympic Blvd, Los Angeles, CA 90023
    • Hernandez Flowers Party Supply — 3740 E Olympic Blvd, Los Angeles, CA 90023
    • Adonarm Flowers — 3818 Whittier Blvd, Los Angeles, CA 90023
    • Flowers J&I Florist — 4385 Telegraph Rd, Los Angeles, CA 90023
    • Floreria — 3740 E Olympic Blvd, Los Angeles, CA 90023

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.19789
    Latitude
    34.02627

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    FAQs

    What type of property is this?
    Storefront property - Retail building with three spaces, parking, and high-visibility traffic.
    Where is this storefront property located?
    The property is located at 3518 Whittier Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: Walker's Paradise: Enjoy excellent walkability with a Walk Score of 90.; High Visibility & Traffic: Attracts tenants and customers, ensuring business success.; Three Retail Spaces: Provides immediate income potential for investors.
    (323) 562-7777
    We can help!
    Listing Contact
    Jesse Barocio
    Real Estate License ID: 00975018
    Learn More
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