Mixed-Use Property in MU
For Sale
$11,000,000
400 East Live Oak Avenue, Arcadia, CA 91006
MU zoning accommodates integrated commercial and residential development, including residential space above ground-floor commercial uses.
Property Size37,256 SF
Days on Market59
Property Features for 400 East Live Oak Avenue
General Information
Standard status
Active
Size
37,256 SF
Property subtype
Special Purpose
Zoning
MU
Building Details
Building Size
37,256 SF
Listing Agency:
Lee & Associates
Listed By:
Dan Bacani · License #CalDRE #01385413
(626) 242-7790
Source:
Lee-associates
Added: Aug 15
Changed: Oct 11
Last Checked: Oct 11 at 4:39AM
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
Investment Insights
Based on property information with market context.
Located at 400 East Live Oak Avenue in Arcadia, California, the property is designated Mixed Use (MU). The zoning framework supports integrated commercial and residential development, with an emphasis on combining complementary uses within a coordinated project.
Subject to applicable development standards, residential units may be located above ground-floor commercial space or beside a commercial development. Senior housing, assisted living, and affordable housing are also identified as permitted uses, while standalone residential projects may be allowed when affordable housing units are provided.
Subject to applicable development standards, residential units may be located above ground-floor commercial space or beside a commercial development. Senior housing, assisted living, and affordable housing are also identified as permitted uses, while standalone residential projects may be allowed when affordable housing units are provided.
Key Highlights
- Mixed Use (MU) zoning supports integrated commercial and residential development
- Residential uses may be located above ground‑floor commercial space or adjacent to commercial development
- Senior housing, assisted living, and affordable housing are permitted subject to development standards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$754,434
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,088,680
$15.1M
Cap Rate 7%
$10,777,629
$10.8M
Cap Rate 9%
$8,382,600
$8.4M
Market Conditions
NOI Build-Up for 37,256 SF
Gross rent
$1.34M $36.00/SF
− Vacancy
−$134.1K −$3.60/SF
EGI
$1.21M $32.40/SF
− OpEx
−$452.7K −$12.15/SF
NOI
$754.4K $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 Rate 5%
$15,088,680
Cap Rate 7%
$10,777,629
Cap Rate 9%
$8,382,600
Alternative Uses
Best Use
Mixed Use
$10.78M
$9.43M – $12.57M
NOI $754,434 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.95M
$17.45M – $23.27M
NOI $1,396,270 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Explore this area
Business Placement
Demographics for 91006, CA
31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - MU zoning accommodates integrated commercial and residential development, including residential space above ground-floor commercial uses.
Where is this mixed-use property located?
The property is located at 400 East Live Oak Avenue Arcadia, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Mixed Use (MU) zoning supports integrated commercial and residential development; Residential uses may be located above ground‑floor commercial space or adjacent to commercial development; Senior housing, assisted living, and affordable housing are permitted subject to development standards
