Established Bakery and Meat
For Sale
$1,350,000
4026 Gage Ave, Bell, CA 90201
Commercial property featuring a bakery and meat market in Bell.
Property Size4,000 SF
Lot Size0.15 Acres
Days on Market167
Property Features for 4026 Gage Ave
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.15 Acres
Property subtype
Commercial
Building Details
Building Size
4,000 SF
Year Built
1925
Units
3
Listing Agency:
Century 21 A Better Service Realty
(323) 797-3932
Listed By:
Adam Ghacham · License #02181633
(323) 797-3932
Source:
Elliman
Added: Mar 10
Changed: Aug 13
Last Checked: Aug 22 at 6:50AM
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 Century 21 A Better Service Realty
Investment Insights
Based on property information with market context.
This commercial property features two units, one operating as a bakery and the other as a meat market. Both units are well-equipped and visually appealing, providing ample space for operations and customer engagement. The property is located in a vibrant neighborhood and offers convenient amenities such as nearby parking and access to public transit. With established tenants, this property presents a promising prospect for long-term success and growth in a bustling community.
Key Highlights
- Two well‑equipped commercial units: a bakery and a meat market.
- Located in a vibrant, bustling neighborhood.
- Established tenants already in place.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,820
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,896,400
$1.9M
Cap Rate 7%
$1,354,571
$1.4M
Cap Rate 9%
$1,053,556
$1.1M
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$135.4K $33.84/SF
− Vacancy
−$8.9K −$2.23/SF
EGI
$126.4K $31.61/SF
− OpEx
−$31.6K −$7.90/SF
NOI
$94.8K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,896,400
Cap Rate 7%
$1,354,571
Cap Rate 9%
$1,053,556
Alternative Uses
Best Use
Specialty Retail
$1.35M
$1.19M – $1.58M
NOI $94,820 @ 7.0% cap · market cap 7.02%
Second Best
Retail
$1.26M
$1.11M – $1.47M
NOI $88,498 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,911 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,515
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Northgate Gonzalez Market — 6801 Atlantic Ave, Bell, CA 90201
- Dollar Giant — 4401 Slauson Ave, Maywood, CA 90270
- La Perla Poultry — 4610 Slauson Ave, Maywood, CA 90270
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Commercial property featuring a bakery and meat market in Bell.
Where is this grocery and convenience store located?
The property is located at 4026 Gage Ave Bell, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two well‑equipped commercial units: a bakery and a meat market.; Located in a vibrant, bustling neighborhood.; Established tenants already in place.
