Two-Building Retail
For Sale
Contact for pricing
Pending
3612 W Washington Blvd, Los Angeles, CA 90018
Retail/industrial buildings on a single lot with a front and rear structure totaling 5,300 SF.
Property Size5,300 SF
Days on Market156
Property Features for 3612 W Washington Blvd
General Information
Standard status
Pending
Size
5,300 SF
Property subtype
RETAIL
Building Details
Buildings
2
Listing Agency:
Lee & Associates - West L.A.
(310) 899-2725
Listed By:
Robert Clifford · License #00999184
(310) 899-2725
Source:
Moodyscre
Added: Feb 24
Changed: Jul 30
Last Checked: Jul 30 at 2:53AM
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 - West L.A.
Investment Insights
Based on property information with market context.
Two retail/industrial buildings are located on one lot. The front building is approximately 3,820 SF, and the rear building is approximately 1,400 SF, for a total property size of approximately 5,300 SF.
This setup offers flexibility for tenants or uses that benefit from being in separate structures while remaining on the same lot. It may also support different occupancy layouts across the front and rear buildings.
The property is presented for sale under the transaction type noted for this offering.
This setup offers flexibility for tenants or uses that benefit from being in separate structures while remaining on the same lot. It may also support different occupancy layouts across the front and rear buildings.
The property is presented for sale under the transaction type noted for this offering.
Key Highlights
- Front building: approx 3,820 SF
- Rear building: approx 1,400 SF
- Two retail/industrial buildings on one lot
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 | $195.9k | $36.96 |
| − Vacancy | −$20.2k | −$3.81 |
| EGI | $175.7k | $33.15 |
| − OpEx | −$52.7k | −$9.95 |
| NOI | $123.0k | $23.21 |
5,300 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.76M
$1.54M – $2.05M
NOI $122,998 @ 7.0% cap · market cap 6.65%
Second Best
Warehouse
$1.14M
$999.4K – $1.33M
NOI $79,948 @ 7.0% cap · market cap 4.32%
Theoretical Best
Multifamily LT 5
$107.37M
$93.95M – $125.27M
NOI $7,516,237 @ 7.0% cap · market cap 406.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,012
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
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail/industrial buildings on a single lot with a front and rear structure totaling 5,300 SF.
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: Front building: approx 3,820 SF; Rear building: approx 1,400 SF; Two retail/industrial buildings on one lot
