Mixed-Use Building with Studio
4632-4636 W Washington Blvd, Los Angeles, CA 90016
For Sale
Contact for pricing
Two levels combine street-level retail with eight studio residences, each with its own kitchen and bathroom.
Property Size8,236 SF
Price / SF$290.80
Days on Market33
Property Features for 4632-4636 W Washington Blvd
General Information
Standard status
Size
Property subtype
Occupancy
Net Operating Income
Site & Location
Neighborhood
Highway Access
Utilities to Site
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Cap Rate
Tenant in Place
Building Details
Buildings
Stories
Tenancy
Listing Agency:
Major Properties
Listed By:
Jamie Kennedy · License CA #02426913
(412) 589-2751
Source:
Crexi
Added: Oct 13
Changed: Nov 10
Last Checked: Nov 12 at 8:01AM
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 Major Properties
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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 two-story mixed-use property contains approximately 8,236 square feet, divided between 4,118 square feet of ground-floor retail and 4,118 square feet of second-floor residential space. The retail area is occupied by a tattoo parlor and a flower shop. Eight studio apartments occupy the upper level, each with a combined living and sleeping area, kitchen, and bathroom. Individual meters and a replacement main sewer line are among the property’s improvements.
The building is located six blocks east of La Brea Avenue and about one-quarter mile north of the Santa Monica Freeway (I-10).
The building is located six blocks east of La Brea Avenue and about one-quarter mile north of the Santa Monica Freeway (I-10).
Key Highlights
- Two‑story property totaling approximately 8,236 square feet
- Ground‑floor retail space of approximately 4,118 square feet
- Eight studio apartments on the second floor, totaling approximately 4,118 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,134
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,822,680
$3.8M
Cap Rate 7%
$2,730,486
$2.7M
Cap Rate 9%
$2,123,711
$2.1M
Market Conditions
NOI Build-Up for 8,236 SF
Gross rent
$304.4K $36.96/SF
− Vacancy
−$31.4K −$3.81/SF
EGI
$273.0K $33.15/SF
− OpEx
−$81.9K −$9.95/SF
NOI
$191.1K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,822,680
Cap Rate 7%
$2,730,486
Cap Rate 9%
$2,123,711
Alternative Uses
Best Use
Retail
$2.73M
$2.39M – $3.19M
NOI $191,134 @ 7.0% cap · market cap 7.98%
Second Best
Mixed Use
$2.38M
$2.08M – $2.78M
NOI $166,779 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,704 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two levels combine street-level retail with eight studio residences, each with its own kitchen and bathroom.
Where is this mixed-use property located?
The property is located at 4632-4636 W Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Two‑story property totaling approximately 8,236 square feet; Ground‑floor retail space of approximately 4,118 square feet; Eight studio apartments on the second floor, totaling approximately 4,118 square feet
