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Second-Floor Office Suite
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6741 Friends Ave #B, Whittier, CA 90601

Utilities are included, with dedicated parking serving the professional workspace.

Property Size2,500 SF
Price / SF$1.70
Days on Market26

Property Features for 6741 Friends Ave #B

General Information

Standard status Active
Size 2,500 SF
Property subtype Business

Additional Details

Floor Second Floor
Property Use Office

Amenities

air conditioning
city views
Listing Agency: Synergy Real Estate
Listed By: Vanessa Lomeli · License #02196186
Source: Lugobros
Added: Oct 7 Changed: Oct 28 Last Checked: Oct 31 at 10:54PM

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 Synergy Real Estate

Rey
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Investment Insights

Based on property information with market context.

This second-floor office suite contains approximately 2,500 square feet, arranged with six private offices and a large open work area. The premises also include two restrooms and air conditioning, with utilities included in the offering. Its layout supports a mix of enclosed offices and shared workspace within one suite.

The property is at 6741 Friends Ave #B in Whittier, California, moments from the Whittier Courthouse. City views and dedicated parking spaces are additional features. Professional office uses are subject to city approval.

Key Highlights

  • Approximately 2,500 square feet on the second floor
  • Six private offices and a large open workspace
  • Two restrooms and air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,648
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,960 $1.1M
Cap Rate 7%
$780,686 $780.7K
Cap Rate 9%
$607,200 $607.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$96.0K $38.40/SF
− Vacancy
−$23.1K −$9.25/SF
EGI
$72.9K $29.15/SF
− OpEx
−$18.2K −$7.29/SF
NOI
$54.6K $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 Rate 5%
$1,092,960
Cap Rate 7%
$780,686
Cap Rate 9%
$607,200

Alternative Uses

Best Use
Office B
$780.7K
$683.1K – $910.8K (±1% cap)
NOI $54,648 @ 7.0% cap · market cap 1,285.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,694 @ 7.0% cap · market cap 2,204.56%
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

Law Offices of Rose ... Law Firm CES Environmental Consultants Environmental Consultant CES Environmental Consultants, ... Environmental Consultant Faulkinbury & Yeagley Accounting Firm

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Travel Agency Tech Support Center Veterinary Clinic Tattoo & Piercing Shop

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

2,386
Businesses Nearby

Demographics for 90601, CA

32,625
Population
11,161
Households
2.9
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
3,078
Density / Sq Mi
$102,267
Median Household Income
$53,031
Median Earnings
$1,862
Median Rent
$729,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Utilities are included, with dedicated parking serving the professional workspace.
Where is this office unit located?
The property is located at 6741 Friends Ave #B Whittier, CA.
What are key features of this property?
This property features: Approximately 2,500 square feet on the second floor; Six private offices and a large open workspace; Two restrooms and air conditioning
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