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Retail Center with Billboard

600 East Imperial Highway, Los Angeles, CA 90059

For Sale
$1,995,000

A three-unit retail property includes a large former convenience-store space with existing shelving and refrigeration.

Property Size4,000 SF
Days on Market48

Property Features for 600 East Imperial Highway

General Information

Standard status Active
Size 4,000 SF
Property subtype SCR
Zoning LAC2

Site & Location

Neighborhood South Los Angeles

Building Details

Building Size 4,000 SF
Year Built 1987
Buildings 1
Stories 1
Units 3
Listing Agency: KW Commercial L.A. Westside
Listed By: David Yashar · License CA #01102638
Source: Realnex
Added: Sep 28 Changed: Sep 30 Last Checked: Nov 14 at 2:02AM

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 KW Commercial L.A. Westside

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Investment Insights

Based on property information with market context.

This 1987 retail center contains three units on a 10,893-square-foot lot. One 3,300-square-foot space was formerly occupied by 7-Eleven and retains retail racks, shelving, and refrigeration. Spacetel LLC is also identified as a tenant. A double-sided billboard provides an additional property feature.

The center occupies a signalized corner with approximately 50,000 vehicles passing daily. It has about 13 on-site parking spaces plus one handicap space, two points of ingress and egress, and a monument sign. The property is near the 105 and 110 Freeways and is zoned LAC2.

Key Highlights

  • Three‑unit retail center on a 10,893‑square‑foot lot
  • 3,300‑square‑foot former 7‑Eleven space with racks, shelving, and refrigeration
  • Signalized corner with approximately 50,000 vehicles per day

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,829
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,856,580 $1.9M
Cap Rate 7%
$1,326,129 $1.3M
Cap Rate 9%
$1,031,433 $1.0M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$147.8K $36.96/SF
− Vacancy
−$15.2K −$3.81/SF
EGI
$132.6K $33.15/SF
− OpEx
−$39.8K −$9.95/SF
NOI
$92.8K $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 Rate 5%
$1,856,580
Cap Rate 7%
$1,326,129
Cap Rate 9%
$1,031,433

Alternative Uses

Best Use
Retail
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,829 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $116,903 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

7-Eleven Grocery & Convenience Store Launderland Coin Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Hair Salon

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

764
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Sinclair Shops & Services
12,243 visits/mo 0.5 miles

Demographics for 90059, CA

43,551
Population
10,650
Households
4.1
Avg Household Size
31
Median Age
12%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
13,610
Density / Sq Mi
$53,840
Median Household Income
$33,260
Median Earnings
$1,317
Median Rent
$566,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Shopping centers in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025

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Frequently Asked Questions

What type of property is this?
Shopping center - A three-unit retail property includes a large former convenience-store space with existing shelving and refrigeration.
Where is this shopping center located?
The property is located at 600 East Imperial Highway Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Three‑unit retail center on a 10,893‑square‑foot lot; 3,300‑square‑foot former 7‑Eleven space with racks, shelving, and refrigeration; Signalized corner with approximately 50,000 vehicles per day
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