Mixed-Use Retail and Apartment
5326 Sunset Los Angeles, CA 90027
5326 Sunset, Los Angeles, CA, 90027
$9,899,000
For Sale
$9,899,000
Apartments above five retail units are rented on month-to-month terms, creating a combined residential and commercial setup.
Property Size20,341 SF
Price / SF$486.65
Days on Market59
Property Features for 5326 Sunset
General Information
- Standard status
- Active
- Size
- 20,341 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1948
Listing Agency
KELLER WILLIAMS REALTY V.V.
(760) 951-5242
Listed by
Maria Babakitis · License #02005726
Source
Xome
Added: May 20 Checked: Jul 16 at 6:56 am
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 KELLER WILLIAMS REALTY V.V.
Investment Insights
Based on property information with market context.
This mixed-use property combines retail storefront space with residential apartments. The apartments are located on the second floor above five retail units, creating a store-and-residence configuration. The property also includes a structure described as apartments and house arrangements currently rented on a month-to-month basis. A liquor store is specifically noted as not included in the offering.
The listing references an APN for the parcel(s) involved: 060375544-033-044 and 060375544-033-043. The property is presented as a combined commercial and residential asset, with retail on the ground floor and apartment units above.
For tenants and buyers seeking a retail-and-housing combination, the current layout supports separate commercial storefront activity with residential units overhead. Because existing residential units and associated elements are described as being rented on month-to-month terms, the property may appeal to operators and investors looking for an owned mixed-use building with in-place occupancy. The retail configuration provides day-to-day street-level space, while the upper-level apartments remain integrated within the same overall structure.
The listing references an APN for the parcel(s) involved: 060375544-033-044 and 060375544-033-043. The property is presented as a combined commercial and residential asset, with retail on the ground floor and apartment units above.
For tenants and buyers seeking a retail-and-housing combination, the current layout supports separate commercial storefront activity with residential units overhead. Because existing residential units and associated elements are described as being rented on month-to-month terms, the property may appeal to operators and investors looking for an owned mixed-use building with in-place occupancy. The retail configuration provides day-to-day street-level space, while the upper-level apartments remain integrated within the same overall structure.
Key Highlights
- Apartments located on the second floor above five retail units
- Combined residential and commercial (mixed‑use) setup
- All apartments and house are currently rented on a month‑to‑month basis
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $751.8k | $36.96 |
| − Vacancy | −$77.4k | −$3.81 |
| EGI | $674.4k | $33.15 |
| − OpEx | −$202.3k | −$9.95 |
| NOI | $472.1k | $23.21 |
20,341 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$359.62M
$314.66M – $419.55M
NOI $25,173,087 @ 7.0% cap · market cap 254.30%
Second Best
Retail
$6.74M
$5.90M – $7.87M
NOI $472,057 @ 7.0% cap · market cap 4.77%
Theoretical Best
Multifamily LT 5
$412.10M
$360.58M – $480.78M
NOI $28,846,751 @ 7.0% cap · market cap 291.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Apartments above five retail units are rented on month-to-month terms, creating a combined residential and commercial setup.
Where is this mixed-use property located?
The property is located at 5326 Sunset Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,899,000.
What are key features of this property?
This property features: Apartments located on the second floor above five retail units; Combined residential and commercial (mixed‑use) setup; All apartments and house are currently rented on a month‑to‑month basis
