Mixed-Use Parcel with Income
4203 Huntington Drive North, Los Angeles, CA 90032
For Sale
$999,000
Mixed-use property featuring commercial and residential units, tenant occupied.
Property Size3,930 SF
Price / SF$254.20
Days on Market701
Property Features for 4203 Huntington Drive North
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Listed By:
Linda Knutson · License #01488675
(818) 248-9100
Source:
Compass
Added: Dec 8, 2024
Changed: Aug 17
Last Checked: Aug 14 at 7:25AM
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 BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
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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 mixed-use parcel comprises three structures. A commercial building spans 1,136 square feet and is currently under lease. An office building, measuring 1,504 square feet, is configured as two residential units; one is tenant-occupied under lease, while the other is occupied by a family member. Additionally, there is a 1,290-square-foot duplex, with one unit occupied and the other vacant. The property is being sold in as-is condition with existing tenants.
Key Highlights
- Mixed‑use parcel featuring a commercial building, office building, and duplex.
- Existing leases provide immediate income stream.
- Commercial building with 1,136 sq.ft. is under lease.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,583
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,660
$1.6M
Cap Rate 7%
$1,136,900
$1.1M
Cap Rate 9%
$884,256
$884.3K
Market Conditions
NOI Build-Up for 3,930 SF
Gross rent
$141.5K $36.00/SF
− Vacancy
−$14.1K −$3.60/SF
EGI
$127.3K $32.40/SF
− OpEx
−$47.7K −$12.15/SF
NOI
$79.6K $20.25/SF
Area
Los Angeles, 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%
$1,591,660
Cap Rate 7%
$1,136,900
Cap Rate 9%
$884,256
Alternative Uses
Best Use
Mixed Use
$1.14M
$994.8K – $1.33M
NOI $79,583 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$79.62M
$69.67M – $92.89M
NOI $5,573,361 @ 7.0% cap · market cap 557.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
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Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring commercial and residential units, tenant occupied.
Where is this mixed-use property located?
The property is located at 4203 Huntington Drive North Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Mixed‑use parcel featuring a commercial building, office building, and duplex.; Existing leases provide immediate income stream.; Commercial building with 1,136 sq.ft. is under lease.
