Remodeled Medical Office
New
For Sale
$1,300,000
6611 Eastern, Bell Gardens, CA 90201
Commercial building with a loading dock, rear alley access, and a large kitchen with appliances.
Property Size4,200 SF
Days on Market4
Property Features for 6611 Eastern
General Information
Standard status
Active
Size
4,200 SF
Total Parking Spaces
15
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
large kitchen
loading dock
Building Details
Building Size
4,200 SF
Year Built
1957
Year Renovated
2016
Buildings
1
Listing Agency:
Realty World California Properties
(323) 484-0285
Listed By:
BOB ARCHULETA · License #00401995
(323) 484-0285
Source:
Elliman
Added: Aug 11
Changed: Aug 12
Last Checked: Aug 13 at 8:08AM
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 Realty World California Properties
Investment Insights
Based on property information with market context.
The 1957 commercial building was completely remodeled in 2016, including plumbing, heating, A/C, electrical systems, roofing, the cement driveway, and rear parking lot. Previously used as a post office, the property includes a loading dock, rear alley access, and a large kitchen with appliances. The layout and improvements support office or medical-oriented occupancy, subject to applicable requirements.
Estimated parking includes 15 spaces on site, with additional public parking approximately 50 Ft from the building. The property is near shopping centers and freeways, with access points designed for convenient entry and exit. Its Bell Gardens location also offers a 79 walk score and 57 bike score.
Estimated parking includes 15 spaces on site, with additional public parking approximately 50 Ft from the building. The property is near shopping centers and freeways, with access points designed for convenient entry and exit. Its Bell Gardens location also offers a 79 walk score and 57 bike score.
Key Highlights
- Medical Office Space classification with a 1957 building
- Complete 2016 remodel included plumbing, heating, A/C, electrical, roofing, driveway, and parking lot
- Loading dock and rear alley 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
$91,809
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
7.06%
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%
$1,836,180
$1.8M
Cap Rate 7%
$1,311,557
$1.3M
Cap Rate 9%
$1,020,100
$1.0M
Market Conditions
NOI Build-Up for 4,200 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
$161.3K $38.40/SF
− Vacancy
−$38.9K −$9.25/SF
EGI
$122.4K $29.15/SF
− OpEx
−$30.6K −$7.29/SF
NOI
$91.8K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
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%
$1,836,180
Cap Rate 7%
$1,311,557
Cap Rate 9%
$1,020,100
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,809 @ 7.0% cap · market cap 7.06%
Second Best
Healthcare Medical
$1.14M
$995.6K – $1.33M
NOI $79,649 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,406 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90201, CA
95,810
Population
24,989
Households
3.8
Avg Household Size
32
Median Age
7%
College-Educated
55%
High-School Grad
6.0 sq mi
ZIP Area
15,968
Density / Sq Mi
$56,824
Median Household Income
$30,264
Median Earnings
$1,623
Median Rent
$542,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Petco Vaccination Clinic — 6810 Eastern Ave Ste A-E, Bell Gardens, CA 90201
Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial building with a loading dock, rear alley access, and a large kitchen with appliances.
Where is this medical office space located?
The property is located at 6611 Eastern Bell Gardens, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Medical Office Space classification with a 1957 building; Complete 2016 remodel included plumbing, heating, A/C, electrical, roofing, driveway, and parking lot; Loading dock and rear alley access
