Storefront
New
For Sale
$1,224,999
4110 Whittier, Los Angeles, CA 90023
The property is in a Very Walkable area with Good Transit and Somewhat Bikeable conditions.
Property Size3,042 SF
Days on Market3
Property Features for 4110 Whittier
General Information
Standard status
Active
Size
3,042 SF
Property subtype
Commercial
Building Details
Building Size
3,042 SF
Year Built
1941
Listing Agency:
(661) 349-5795
Listed By:
Olga Romero · License #01804194
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 1:56PM
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 Olga Romero
Investment Insights
Based on property information with market context.
This storefront property at 4110 Whittier in Los Angeles was built in 1941. The surrounding area records a Walk Score of 79, identifying it as Very Walkable, along with a Transit Score of 63, categorized as Good Transit, and a Bike Score of 43, categorized as Somewhat Bikeable.
Key Highlights
- Storefront property at 4110 Whittier, Los Angeles, CA 90023
- Built in 1941
- Walk Score: 79, Very Walkable
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
$82,385
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
6.73%
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%
$1,647,700
$1.6M
Cap Rate 7%
$1,176,929
$1.2M
Cap Rate 9%
$915,389
$915.4K
Market Conditions
NOI Build-Up for 3,042 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
$112.4K $36.96/SF
− Vacancy
−$2.6K −$0.85/SF
EGI
$109.8K $36.11/SF
− OpEx
−$27.5K −$9.03/SF
NOI
$82.4K $27.08/SF
Area
Los Angeles, CA
Vacancy
2.30%
Lease Rate
$36.96 /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%
$1,647,700
Cap Rate 7%
$1,176,929
Cap Rate 9%
$915,389
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.37M
NOI $82,385 @ 7.0% cap · market cap 6.73%
Second Best
Retail
$1.01M
$882.5K – $1.18M
NOI $70,596 @ 7.0% cap · market cap 5.76%
Theoretical Best
Multifamily LT 5
$61.63M
$53.93M – $71.90M
NOI $4,314,037 @ 7.0% cap · market cap 352.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,526
Businesses Nearby
67k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 36%
Hotels & Casinos 18%
Beauty & Spa 2%
The Coffee Bean & Tea Leaf
Dining
15,079 visits/mo
0.3 miles
Bank of America
Shops & Services
12,152 visits/mo
0.3 miles
DoubleTree by Hilton Hotel Whittier Los Angeles
Hotels & Casinos
12,114 visits/mo
0.2 miles
Starbucks
Dining
11,275 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,397 visits/mo
0.5 miles
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - The property is in a Very Walkable area with Good Transit and Somewhat Bikeable conditions.
Where is this storefront property located?
The property is located at 4110 Whittier Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,224,999.
What are key features of this property?
This property features: Storefront property at 4110 Whittier, Los Angeles, CA 90023; Built in 1941; Walk Score: 79, Very Walkable
