East Los Angeles Retail
For Sale
$850,000
727 Atlantic, Los Angeles, CA 90022
Multi-use retail location in the heart of East Los Angeles.
Property Size2,545 SF
Price / SF$333.99
Days on Market168
Property Features for 727 Atlantic
General Information
Standard status
Active
Size
2,545 SF
Property subtype
Retail
Building Details
Year Built
1947
Listing Agency:
(909) 256-2560
Listed By:
Smart Sell Real Estate · License #01934166
Source:
Xome
Added: Mar 10
Changed: Aug 23
Last Checked: Aug 22 at 9:29AM
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 Smart Sell Real Estate
Investment Insights
Based on property information with market context.
Located in East Los Angeles, this retail space is suitable for service-based businesses and retail concepts. The property features approximately 5330 square feet of total space and a storefront with high visibility on a busy street. An estimated 15,000+ cars pass by daily. The layout is flexible and can be split into two separate storefronts. The property benefits from strong exposure to both walk-in and drive-by traffic. It is located in a dense residential and commercial area, providing a strong local customer base. The street frontage offers excellent signage opportunities, and there is easy access with convenient parking in the rear of the building. The location is ideal for owner-operators or investors looking to sublease half of the space. Potential business uses include an insurance office, real estate office, barber shop, beauty salon, nail salon, auto shop, or retail boutique. The property has a walk score of 90, indicating it is very walkable, a transit score of 59, indicating good transit options, and a bike score of 61, indicating it is bikeable.
Key Highlights
- High‑visibility storefront on a busy street with an estimated 15,000+ cars passing daily
- Located in a dense residential and commercial area, providing a strong local customer base
- Approximately 5,330 sq ft of total space with a flexible layout that can be split into two separate storefronts
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
$64,330
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
7.57%
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%
$1,286,600
$1.3M
Cap Rate 7%
$919,000
$919.0K
Cap Rate 9%
$714,778
$714.8K
Market Conditions
NOI Build-Up for 2,545 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
$94.1K $36.96/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$91.9K $36.11/SF
− OpEx
−$27.6K −$10.83/SF
NOI
$64.3K $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%
$1,286,600
Cap Rate 7%
$919,000
Cap Rate 9%
$714,778
Alternative Uses
Best Use
Retail
$919.0K
$804.1K – $1.07M
NOI $64,330 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$907.3K – $1.21M
NOI $72,585 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,482
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?
Retail space - Multi-use retail location in the heart of East Los Angeles.
Where is this retail space located?
The property is located at 727 Atlantic Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High‑visibility storefront on a busy street with an estimated 15,000+ cars passing daily; Located in a dense residential and commercial area, providing a strong local customer base; Approximately 5,330 sq ft of total space with a flexible layout that can be split into two separate storefronts
