Mixed-Use Redevelopment
For Sale
$1,199,000
5710 South Western Avenue, Los Angeles, CA 90062
C2-2D zoning and transit-oriented overlays support commercial and mixed-use redevelopment subject to city approval.
Property Size1,720 SF
Price / SF$697.09
Days on Market242
Property Features for 5710 South Western Avenue
General Information
Standard status
Active
Size
1,720 SF
Property subtype
Commercial Sale / Mixed Use
Building Details
Year Built
1925
Listing Agency:
Casa Bella Realty Group
(310) 675-2999
Listed By:
Marie Ernst · License #02219799
(310) 675-2999
Source:
Compass
Added: Jan 1
Changed: Aug 31
Last Checked: Aug 31 at 5:19AM
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 Casa Bella Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property dates to 1925 and has experienced fire damage, creating a redevelopment scenario with existing improvements to evaluate. The asset is positioned for repositioning, expansion, or a new development plan rather than continued operation in its current condition.
Zoned C2-2D, the property also carries a CPIO overlay and is designated within TOC Tier 3. These classifications may support commercial and mixed-use strategies, with potential city-approved incentives involving density, FAR, buildable area, and parking requirements. Future development capacity and incentive eligibility require verification and city approval.
Zoned C2-2D, the property also carries a CPIO overlay and is designated within TOC Tier 3. These classifications may support commercial and mixed-use strategies, with potential city-approved incentives involving density, FAR, buildable area, and parking requirements. Future development capacity and incentive eligibility require verification and city approval.
Key Highlights
- C2‑2D zoning supports commercial and mixed‑use planning
- CPIO overlay applies to the property
- Located within TOC Tier 3
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
$34,830
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
2.90%
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%
$696,600
$696.6K
Cap Rate 7%
$497,571
$497.6K
Cap Rate 9%
$387,000
$387.0K
Market Conditions
NOI Build-Up for 1,720 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
$61.9K $36.00/SF
− Vacancy
−$6.2K −$3.60/SF
EGI
$55.7K $32.40/SF
− OpEx
−$20.9K −$12.15/SF
NOI
$34.8K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
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%
$696,600
Cap Rate 7%
$497,571
Cap Rate 9%
$387,000
Alternative Uses
Best Use
Mixed Use
$497.6K
$435.4K – $580.5K
NOI $34,830 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$34.85M
$30.49M – $40.65M
NOI $2,439,232 @ 7.0% cap · market cap 203.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C2-2D zoning and transit-oriented overlays support commercial and mixed-use redevelopment subject to city approval.
Where is this mixed-use property located?
The property is located at 5710 South Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: C2‑2D zoning supports commercial and mixed‑use planning; CPIO overlay applies to the property; Located within TOC Tier 3
