Freestanding Brick Retail
For Sale
$897,000
3579 Gage Ave, Bell, CA 90201
Brick construction, private parking, and rear alley access support a flexible commercial layout.
Property Size2,655 SF
Days on Market200
Property Features for 3579 Gage Ave
General Information
Standard status
Active
Size
2,655 SF
Property subtype
Commercial
Building Details
Building Size
2,655 SF
Listing Agency:
Better Homes and Gardens Real Estate
Listed By:
Fernando Spindola · License #01745219
(323) 456-6110
Source:
Elliman
Added: Mar 30
Changed: Oct 1
Last Checked: Oct 15 at 12:24AM
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 Better Homes and Gardens Real Estate
Investment Insights
Based on property information with market context.
This freestanding retail property includes approximately 2,655 square feet within a 5,708 square foot lot. The solid brick building offers a versatile commercial layout, private parking, and access from the rear alley. The space is identified as suitable for retail, medical, office, and service-oriented business uses.
Located along Gage Avenue, the property provides signage exposure and visibility on an active commercial corridor with surrounding businesses and residential areas. Its walk score is 89, bike score is 59, and transit score is 53, reflecting access to multiple transportation options.
The building’s configuration supports both an owner-user business location and an investment-oriented acquisition, subject to the buyer’s intended use and approvals.
Located along Gage Avenue, the property provides signage exposure and visibility on an active commercial corridor with surrounding businesses and residential areas. Its walk score is 89, bike score is 59, and transit score is 53, reflecting access to multiple transportation options.
The building’s configuration supports both an owner-user business location and an investment-oriented acquisition, subject to the buyer’s intended use and approvals.
Key Highlights
- Approximately 2,655 square feet on a 5,708 square foot lot
- Freestanding solid brick construction
- Private parking with rear alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,741
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,820
$1.2M
Cap Rate 7%
$839,157
$839.2K
Cap Rate 9%
$652,678
$652.7K
Market Conditions
NOI Build-Up for 2,655 SF
Gross rent
$89.8K $33.84/SF
− Vacancy
−$5.9K −$2.23/SF
EGI
$83.9K $31.61/SF
− OpEx
−$25.2K −$9.48/SF
NOI
$58.7K $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%
$1,174,820
Cap Rate 7%
$839,157
Cap Rate 9%
$652,678
Alternative Uses
Best Use
Retail
$839.2K
$734.3K – $979.0K
NOI $58,741 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,503 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
Explore this area
Business Placement
Demographics for 90201, CA
95,810
Population
24,989
Households
3.8
Avg Household Size
32
Median Age
7%
College-Educated
55%
High-School Grad
6.0 sq mi
ZIP Area
15,968
Density / Sq Mi
$56,824
Median Household Income
$30,264
Median Earnings
$1,623
Median Rent
$542,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Brick construction, private parking, and rear alley access support a flexible commercial layout.
Where is this retail space located?
The property is located at 3579 Gage Ave Bell, CA.
What is the asking price?
The asking price for this property is $897,000.
What are key features of this property?
This property features: Approximately 2,655 square feet on a 5,708 square foot lot; Freestanding solid brick construction; Private parking with rear alley access
