Mixed-Use Retail and Office
For Sale
$550,000
6154 Whittier Boulevard, Los Angeles, CA 90022
Two separate units provide flexible space for retail, office, or service use, with recently replaced roofing.
Property Size1,550 SF
Price / SF$354.84
Days on Market251
Property Features for 6154 Whittier Boulevard
General Information
Standard status
Active
Size
1,550 SF
Property subtype
Mixed Use
Amenities
3
Paved. Paved Road.
Building Details
Year Built
1948
Listing Agency:
CENTURY 21 REALTY MASTERS
(323) 722-7300
Listed By:
ALEXANDRA PARRA RIVERA
(323) 482-0705
Source:
Xome
Added: Dec 28, 2025
Changed: Sep 1
Last Checked: Sep 4 at 2:15AM
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 CENTURY 21 REALTY MASTERS
Investment Insights
Based on property information with market context.
This mixed-use property for sale at 6154 Whittier Boulevard, Los Angeles, CA 90022 features two separate units designed to support flexible use, including retail, office, or service-based operations. The property is described as commercially zoned and is offered as a blank-canvas opportunity, allowing the next owner to tailor the spaces to their business or leasing plans. Per the seller, the roof was replaced within the last 12 months.
The building is positioned on Whittier Boulevard, identified in the remarks as a busy, high-traffic corridor with strong visibility and exposure. The property also includes gated rear parking, providing convenient off-street access for tenants, clients, and customers.
With two distinct units on one site, the configuration supports a variety of operating and leasing approaches, including occupying one unit while leasing the other.
The building is positioned on Whittier Boulevard, identified in the remarks as a busy, high-traffic corridor with strong visibility and exposure. The property also includes gated rear parking, providing convenient off-street access for tenants, clients, and customers.
With two distinct units on one site, the configuration supports a variety of operating and leasing approaches, including occupying one unit while leasing the other.
Key Highlights
- Commercially zoned property on Whittier Blvd with two separate units for flexible retail, office, or service use
- Roof was replaced within the last 12 months
- Gated rear parking with convenient off‑street access
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
$39,179
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
7.12%
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%
$783,580
$783.6K
Cap Rate 7%
$559,700
$559.7K
Cap Rate 9%
$435,322
$435.3K
Market Conditions
NOI Build-Up for 1,550 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
$57.3K $36.96/SF
− Vacancy
−$1.3K −$0.85/SF
EGI
$56.0K $36.11/SF
− OpEx
−$16.8K −$10.83/SF
NOI
$39.2K $25.28/SF
Area
ZIP 90022
Vacancy
2.30%
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%
$783,580
Cap Rate 7%
$559,700
Cap Rate 9%
$435,322
Alternative Uses
Best Use
Retail
$559.7K
$489.7K – $653.0K
NOI $39,179 @ 7.0% cap · market cap 7.12%
Second Best
Mixed Use
$382.0K
$334.2K – $445.6K
NOI $26,738 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$631.5K
$552.6K – $736.8K
NOI $44,207 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,544
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 Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two separate units provide flexible space for retail, office, or service use, with recently replaced roofing.
Where is this mixed-use property located?
The property is located at 6154 Whittier Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercially zoned property on Whittier Blvd with two separate units for flexible retail, office, or service use; Roof was replaced within the last 12 months; Gated rear parking with convenient off‑street access
