Retail Space Available For
3612 W Washington Blvd, Los Angeles, CA 90018
For Sale
$1,850,000
5,300 SqFt retail space for sale.
Property Size5,220 SF
Price / SF$349.06
Days on Market233
Property Features for 3612 W Washington Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
Lee & Associates - Los Angeles - West
Listed By:
Robert Clifford · License CA #00999184
(310) 899-2725
Source:
Lee-associates
Added: Mar 27
Changed: Nov 13
Last Checked: Nov 14 at 3:04AM
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 Lee & Associates - Los Angeles - West
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 5,300 square foot retail space available for sale.
Key Highlights
- Retail Property
- 5,300 SqFt of retail space
- Year Built: 1936
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,998
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,459,960
$2.5M
Cap Rate 7%
$1,757,114
$1.8M
Cap Rate 9%
$1,366,644
$1.4M
Market Conditions
NOI Build-Up for 5,300 SF
Gross rent
$195.9K $36.96/SF
− Vacancy
−$20.2K −$3.81/SF
EGI
$175.7K $33.15/SF
− OpEx
−$52.7K −$9.95/SF
NOI
$123.0K $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 Rate 5%
$2,459,960
Cap Rate 7%
$1,757,114
Cap Rate 9%
$1,366,644
Alternative Uses
Best Use
Retail
$1.76M
$1.54M – $2.05M
NOI $122,998 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,897 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Los Angeles, CA
Properties on Market for Retail space in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - 5,300 SqFt retail space for sale.
Where is this retail space located?
The property is located at 3612 W Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Retail Property; 5,300 SqFt of retail space; Year Built: 1936
