7517 Santa Monica Blvd, Los Angeles, CA
4,994 SF land parcel, potential mixed-use development.
- Added:
- Jun 4, 2025
- Days on Market:
- 371
- Last Refresh:
- May 19 at 9:05 pm
Property Features for 7517 Santa Monica Blvd
General Information
- Standard status
- Active
- Size
- 4,994 SF
- Lot size
- 0.11 Acres
- Property subtype
- LAND
Listing agent T.C. Macker License #CA 01232033
Listing office WESTMAC Commercial Brokerage Company (310) 478-7700
Listing date Jun 4, 2025
Source Moodyscre
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 WESTMAC Commercial Brokerage Company
HighLights
- 4,994 SF of Land
- Potential mixed use development
- Currently a parking lot
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.6k | $36.96 |
| − Vacancy | −$19.0k | −$3.81 |
| EGI | $165.6k | $33.15 |
| − OpEx | −$49.7k | −$9.95 |
| NOI | $115.9k | $23.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.353
- Latitude
- 34.0911