East Los Angeles Mixed-Use
For Sale
$1,000,000
5609 56115613 E Beverly Blvd 3, East Los Angeles, CA 90022
Mixed-use property with retail and residential units in East Los Angeles.
Property Size3,108 SF
Price / SF$321.75
Days on Market105
Property Features for 5609 56115613 E Beverly Blvd 3
General Information
Standard status
Active
Size
3,108 SF
Property subtype
Commercial
Building Details
Year Built
1962
Listing Agency:
TREELANE REALTY GRP, INC.
(626) 625-5034
Listed By:
KINNY LIN · License #01244019
(626) 625-5034
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 5 at 10:28AM
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 TREELANE REALTY GRP, INC.
Investment Insights
Based on property information with market context.
This mixed-use property is located on Beverly Blvd in downtown East Los Angeles, offering convenient access to Fwy 60, Fwy 710, 5, and 10. The property features three units. The front unit, 5609, is approximately 1204 square feet and includes multiple rooms and two bathrooms. It was previously used as an office or retail store, but might be converted back to residential use, subject to planning department approval. The rear two-story building, 5611 and 5613, comprises 1904 square feet and contains two units, each with two bedrooms and one bathroom. The property has three electric and three gas meters. Gated car parking is accessible from the rear alley. The property is suitable for owner use or investment. The location has a walk score of 90, indicating it is very walkable, a transit score of 59, indicating good transit options, and a bike score of 61, indicating it is bikeable.
Key Highlights
- Prime location on Beverly Blvd in downtown East Los Angeles.
- Excellent walkability score (90) indicating convenient access to amenities.
- Easy freeway access to Fwy 60, 710, 5, and 10.
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 | $114.9k | $36.96 |
| − Vacancy | −$2.6k | −$0.85 |
| EGI | $112.2k | $36.11 |
| − OpEx | −$33.7k | −$10.83 |
| NOI | $78.6k | $25.28 |
3,108 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.12M
$982.0K – $1.31M
NOI $78,561 @ 7.0% cap · market cap 7.86%
Second Best
Mixed Use
$765.9K
$670.2K – $893.6K
NOI $53,613 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,642 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units in East Los Angeles.
Where is this mixed-use property located?
The property is located at 5609 56115613 E Beverly Blvd 3 East Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Prime location on Beverly Blvd in downtown East Los Angeles.; Excellent walkability score (90) indicating convenient access to amenities.; Easy freeway access to Fwy 60, 710, 5, and 10.
