Retail Storefronts with Fenced
For Sale
Contact for pricing
4620-4622 Whittier Blvd, Los Angeles, CA 90022
Retail storefronts positioned at a Whittier Boulevard gateway with fenced, secure parking and prominent signage visibility.
Property Size10,610 SF
Price / SF$282.75
Days on Market162
Property Features for 4620-4622 Whittier Blvd
General Information
Standard status
Active
Size
10,610 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Modified Gross
Building Details
Year Renovated
1971
Tenancy
Multi
Listing Agency:
CBRE - Downtown Los Angeles
Listed By:
Derrick Moore · License #CA - 01029938
(213) 613-3334
Source:
Crexi
Added: Mar 28
Changed: Aug 28
Last Checked: Sep 2 at 11:09PM
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 CBRE - Downtown Los Angeles
Investment Insights
Based on property information with market context.
The subject property comprises retail storefront space in a small strip-mall style offering at 4620–4622 Whittier Blvd. The buildings are privately held and have been held for more than 50 years, now presented for sale. On-site parking is provided in a fenced parking lot designed for added security, and the storefront signage provides visibility to passing traffic.
Situated at the gateway of Whittier Boulevard, the properties sit along a historic Southern California corridor that serves both businesses and nearby residences. The remarks note that the corridor carries over 40,000 vehicles per year, creating exposure for retailers and small business users.
This offering is being marketed as a fit for investors, owner-users, or developers seeking a storefront presence with secured parking and strong signage visibility along Whittier Boulevard.
Situated at the gateway of Whittier Boulevard, the properties sit along a historic Southern California corridor that serves both businesses and nearby residences. The remarks note that the corridor carries over 40,000 vehicles per year, creating exposure for retailers and small business users.
This offering is being marketed as a fit for investors, owner-users, or developers seeking a storefront presence with secured parking and strong signage visibility along Whittier Boulevard.
Key Highlights
- Retail storefronts positioned at the gateway of Whittier Boulevard.
- Fenced parking lot offers secure, on‑site parking for occupants and visitors.
- Storefront signage visibility is positioned for retailer and small business use.
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
$268,188
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
8.94%
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%
$5,363,760
$5.4M
Cap Rate 7%
$3,831,257
$3.8M
Cap Rate 9%
$2,979,867
$3.0M
Market Conditions
NOI Build-Up for 10,610 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
$392.1K $36.96/SF
− Vacancy
−$9.0K −$0.85/SF
EGI
$383.1K $36.11/SF
− OpEx
−$114.9K −$10.83/SF
NOI
$268.2K $25.28/SF
Area
ZIP 90022
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
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%
$5,363,760
Cap Rate 7%
$3,831,257
Cap Rate 9%
$2,979,867
Alternative Uses
Best Use
Retail
$3.83M
$3.35M – $4.47M
NOI $268,188 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.32M
$3.78M – $5.04M
NOI $302,602 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,728
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail storefronts positioned at a Whittier Boulevard gateway with fenced, secure parking and prominent signage visibility.
Where is this strip mall located?
The property is located at 4620-4622 Whittier Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,999,990.
What are key features of this property?
This property features: Retail storefronts positioned at the gateway of Whittier Boulevard.; Fenced parking lot offers secure, on‑site parking for occupants and visitors.; Storefront signage visibility is positioned for retailer and small business use.
