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5933-5943 York Blvd, Los Angeles, CA 90042
Urban retail center with service-oriented tenants, dedicated parking, and York Boulevard frontage in Highland Park.
Property Size5,400 SF
Lot Size0.25 Acres
Price / SF$722.22
Days on Market4
Property Features for 5933-5943 York Blvd
General Information
Standard status
Active
Size
5,400 SF
Total Parking Spaces
10
Lot size
0.25 Acres
Property subtype
Retail
Zoning
LAC2
Occupancy
55%
Lease Type
Absolute NNN
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Maciel’s Plant-Based Butcher, Flamingo Lounge, Hiit-It
Traffic Count
19,700 vehicles/day
Building Details
Year Built
1966
Buildings
1
Tenancy
Multi
Listing Agency:
Pegasus Investments
(310) 691-1350
Listed By:
Ethan Ritz · License #CA 02252042
Source:
Crexi
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 3 at 4:55AM
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 Pegasus Investments
Investment Insights
Based on property information with market context.
This multi-tenant shopping center comprises an approximately 5,400-square-foot L-shaped building on a 0.25-acre parcel. Built in 1966, the property is 55% leased and includes a dedicated on-site parking lot. Existing occupants include Maciel’s Plant-Based Butcher, Flamingo Lounge, and Hiit-It, creating a service-oriented tenant mix. Leases are structured on an absolute NNN basis, with approximately five years of in-place WALT and annual contractual rent increases ranging from 3.0% to 4.0%. The York-fronting units represent approximately 2,500 square feet of vacant area, or about 45% of the property, providing a defined lease-up component. The property is zoned LAC2 and occupies the signalized intersection of York Boulevard and Aldama Street. York Boulevard carries 19,700 vehicles daily, while the Metro A Line station is approximately three minutes away and Occidental College’s 120-acre campus is approximately five minutes away. The surrounding population totals 219,000 within three miles and 646,000 within five miles, with average household incomes exceeding $127,000.
Key Highlights
- Approximately 5,400 SF L‑shaped retail building on a 0.25‑acre parcel
- 55% leased with approximately five years of in‑place WALT
- Absolute NNN leases include 3.0% to 4.0% annual contractual rent increases
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 | $199.6k | $36.96 |
| − Vacancy | −$20.6k | −$3.81 |
| EGI | $179.0k | $33.15 |
| − OpEx | −$53.7k | −$9.95 |
| NOI | $125.3k | $23.21 |
5,400 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.79M
$1.57M – $2.09M
NOI $125,319 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$109.40M
$95.73M – $127.63M
NOI $7,658,053 @ 7.0% cap · market cap 196.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
19,700 VPD
Traffic count
55%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
135k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Apparel 13%
Shops & Services 9%
Electronics 2%
McDonald's
Dining
26,138 visits/mo
0.2 miles
Starbucks
Dining
18,995 visits/mo
0.4 miles
Jack in the Box
Dining
17,558 visits/mo
0.5 miles
Denny's
Dining
15,316 visits/mo
0.1 miles
Taco Bell
Dining
15,068 visits/mo
0.5 miles
Demographics for 90042, CA
58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Similar Off Market Nearby
- Brazil Discount Tobacco — 108 S Avenue 58, Los Angeles, CA 90042
- Coinstar Kiosk | Bitcoin ATM — Bodega Latina, 5610 York Blvd, Los Angeles, CA 90042
Frequently Asked Questions
What type of property is this?
Shopping center - Urban retail center with service-oriented tenants, dedicated parking, and York Boulevard frontage in Highland Park.
Where is this shopping center located?
The property is located at 5933-5943 York Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Approximately 5,400 SF L‑shaped retail building on a 0.25‑acre parcel; 55% leased with approximately five years of in‑place WALT; Absolute NNN leases include 3.0% to 4.0% annual contractual rent increases
