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Small Bay Industrial Multi-Unit Building

8058 WESTMAN AVE Whittier, CA 90606

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8058 WESTMAN AVE, Whittier, CA, 90606
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Small bay multitenant industrial building with six units, grade level roll-up doors, and dedicated parking on an end-of-cul-de-sac lot.

Property Size8,590 SF
Price / SF$291.04
AddedJul 13
Days on Market3
Last RefreshJul 15 at 2:20 am

Property Features for 8058 WESTMAN AVE

General Information

Standard status
Active
Size
8,590 SF
Property subtype
Industrial

Building Details

Year Built
1965

Listing office Avison Young - Downtown Los Angeles

Listing date Jul 13, 2026

Source Crexi

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 Avison Young - Downtown Los Angeles


Investment Insights

Based on property information with market context.

The property at 8058 Westman Avenue is a well-maintained small bay multitenant industrial building built in 1965. The building is approximately 8,590 square feet and consists of six individual units ranging from about 1,000 to 2,000 square feet. Each unit has its own grade level roll-up door and dedicated parking. The property also includes 15-foot clear height and 18 parking spaces.

The site is located at the end of a private cul de sac on a 19,040 square foot lot. The property is supported by M-1 zoning for a broad range of industrial and service uses, and four units are leased on a month-to-month basis with current income. One unit is owner occupied and can be conveyed vacant, and one unit is being renovated and readied for lease. Because every tenancy is month-to-month, a new owner can manage the timing of occupancy and leasing across the units.

Key Highlights

  • 6‑unit small bay multitenant industrial building totaling 8,590 SF on a 19,040 SF lot at the end of a private cul‑de‑sac
  • Each unit has its own grade level roll‑up door and dedicated parking
  • Built in 1965 with 15‑foot clear height and 18 parking spaces

Local Financial Insights For Warehouse

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 $138.1k $16.08
− Vacancy −$6.6k −$0.77
EGI $131.5k $15.31
− OpEx −$19.7k −$2.30
NOI $111.8k $13.01
8,590 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,773 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.60M
$4.02M – $5.37M (±1% cap)
NOI $321,934 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Accounting Firm (Bike/Boat/Book/etc) Store Dental Office HVAC Service Skin Care Clinic Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Extra Space Storage — 11635 Washington Blvd, Whittier, CA 90606
  • Extra Space Storage — 11469 Washington Blvd, Whittier, CA 90606
  • Extra Space Storage — 11701 Slauson Ave, Santa Fe Springs, CA 90670

FAQs

What type of property is this?
Warehouse - Small bay multitenant industrial building with six units, grade level roll-up doors, and dedicated parking on an end-of-cul-de-sac lot.
Where is this warehouse located?
The property is located at 8058 WESTMAN AVE Whittier, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6‑unit small bay multitenant industrial building totaling 8,590 SF on a 19,040 SF lot at the end of a private cul‑de‑sac; Each unit has its own grade level roll‑up door and dedicated parking; Built in 1965 with 15‑foot clear height and 18 parking spaces
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