Whittier Boulevard Retail/Warehouse
For Sale
$2,500,000
4771 Whittier Boulevard, East Los Angeles, CA 90022
17,381 SF building on 11,600 SF land for sale.
Property Size13,580 SF
Price / SF$184.09
Days on Market270
Property Features for 4771 Whittier Boulevard
General Information
Standard status
Active
Size
13,580 SF
Property subtype
Industrial
Building Details
Building Size
13,580 SF
Listing Agency:
Lee & Associates
(323) 767-2113
Listed By:
Jim Halferty · License #CalDRE #01212024
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 23
Last Checked: Aug 23 at 3:20AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This property features a building with approximately 17,381 square feet of space on a lot of approximately 11,600 square feet. Situated along Whittier Boulevard, the building offers high ceilings and HVAC. It includes basement space and a mezzanine level, suitable for storage or office areas. The property also features a warehouse in the rear. The location benefits from a high-traffic area with approximately 26,000 cars per day along Whittier Boulevard. Additionally, a 92-car free public parking lot is located within a 500-foot walk. The property is zoned MXD in unincorporated Los Angeles County. It provides convenient access to the 710 Freeway, Atlantic Blvd, 5 Freeway, and 60 Freeway. The building has 60 feet of frontage along Whittier Blvd. This property is perfect for a retailer who needs ample storage for inventory.
Key Highlights
- High‑traffic location on Whittier Blvd with approximately 26,000 cars per day.
- Large building size (±17,381 SF) on a ±11,600 SF lot.
- Ample storage space with basement and mezzanine.
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
$204,849
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
8.19%
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%
$4,096,980
$4.1M
Cap Rate 7%
$2,926,414
$2.9M
Cap Rate 9%
$2,276,100
$2.3M
Market Conditions
NOI Build-Up for 13,580 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
$257.5K $18.96/SF
− Vacancy
−$16.5K −$1.21/SF
EGI
$241.0K $17.75/SF
− OpEx
−$36.1K −$2.66/SF
NOI
$204.8K $15.08/SF
Area
ZIP 90022
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
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%
$4,096,980
Cap Rate 7%
$2,926,414
Cap Rate 9%
$2,276,100
Alternative Uses
Best Use
Retail
$4.90M
$4.29M – $5.72M
NOI $343,261 @ 7.0% cap · market cap 13.73%
Second Best
Warehouse
$2.93M
$2.56M – $3.41M
NOI $204,849 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$5.53M
$4.84M – $6.46M
NOI $387,308 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,265
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 17,381 SF building on 11,600 SF land for sale.
Where is this retail space located?
The property is located at 4771 Whittier Boulevard East Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High‑traffic location on Whittier Blvd with approximately 26,000 cars per day.; Large building size (±17,381 SF) on a ±11,600 SF lot.; Ample storage space with basement and mezzanine.
