Search
Mixed-Use Property with Apartments
For Sale
$6,000,000

5326 W Sunset, Los Angeles, CA 90027

Property combines residential units with ground-floor retail, commercial, and warehouse space.

Property Size20,341 SF
Days on Market66

Property Features for 5326 W Sunset

General Information

Standard status Active
Size 20,341 SF
Property subtype Mixed Use

Building Details

Building Size 20,341 SF
Year Built 1948
Listing Agency: KELLER WILLIAMS REALTY V.V.
Listed By: Maria Babakitis · License #02005726
Source: Truthrealty
Added: Jun 9 Changed: Aug 10 Last Checked: Aug 12 at 2:07PM

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 at 5326 W Sunset in Los Angeles includes a house and apartment units alongside ground-floor retail, commercial, and warehouse space. The residential components are currently occupied on a month-to-month basis and may be delivered vacant. The property was built in 1948.

The offering also references a second-floor apartment configuration and multiple ground-floor spaces associated with the adjacent Serrano property at 1438 Serrano. The two properties may be purchased together or separately. The liquor store is not included in the offering.

Key Highlights

  • House and apartment units currently rented month‑to‑month
  • Ground‑floor retail, commercial, and warehouse space
  • Property may be delivered vacant

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
$472,057
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
7.87%
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%
$9,441,140 $9.4M
Cap Rate 7%
$6,743,671 $6.7M
Cap Rate 9%
$5,245,078 $5.2M
Market Conditions
NOI Build-Up for 20,341 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
$751.8K $36.96/SF
− Vacancy
−$77.4K −$3.81/SF
EGI
$674.4K $33.15/SF
− OpEx
−$202.3K −$9.95/SF
NOI
$472.1K $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 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%
$9,441,140
Cap Rate 7%
$6,743,671
Cap Rate 9%
$5,245,078

Alternative Uses

Best Use
Apartment 5plus
$359.62M
$314.66M – $419.55M (±1% cap)
NOI $25,173,087 @ 7.0% cap · market cap 419.55%
Second Best
Retail
$6.74M
$5.90M – $7.87M (±1% cap)
NOI $472,057 @ 7.0% cap · market cap 7.87%
Theoretical Best
Multifamily LT 5
$412.10M
$360.58M – $480.78M (±1% cap)
NOI $28,846,751 @ 7.0% cap · market cap 480.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Clothing & Fashion Store Accounting Firm Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,590
Businesses Nearby

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value

Market

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Property combines residential units with ground-floor retail, commercial, and warehouse space.
Where is this mixed-use property located?
The property is located at 5326 W Sunset Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: House and apartment units currently rented month‑to‑month; Ground‑floor retail, commercial, and warehouse space; Property may be delivered vacant
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message