Mixed-Use Property with
New
For Sale
$1,900,000
8261 Bolsa Ave, Midway City, CA 92655
Two leased spaces combine a street-facing retail unit with a rear two-bedroom residence.
Property Size3,737 SF
Days on Market2
Property Features for 8261 Bolsa Ave
General Information
Standard status
Active
Size
3,737 SF
Property subtype
Commercial
Additional Details
Gross Income
$94,488
Taxes and HOA fees
Annual Taxes
$6,456
Building Details
Building Size
3,737 SF
Units
3
Tenancy
Multi
Listing Agency:
HPT Realty
Listed By:
Brian Tran · License #01031996
(714) 501-1770
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:23PM
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 HPT Realty
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Investment Insights
Based on property information with market context.
This mixed-use property on Bolsa Avenue contains two occupied spaces: a 2,487-square-foot retail unit at the front and a 1,250-square-foot residence behind it. The residential space has two bedrooms and two bathrooms, pairing commercial and residential components within one property.
The building sits along Bolsa Avenue in the Little Saigon business district. An adjacent property at 8271 Bolsa Avenue may also be available, with any redevelopment subject to city approval and applicable zoning requirements.
The building sits along Bolsa Avenue in the Little Saigon business district. An adjacent property at 8271 Bolsa Avenue may also be available, with any redevelopment subject to city approval and applicable zoning requirements.
Key Highlights
- Two occupied units combine retail and residential space
- Front retail unit measures 2,487 square feet
- Rear residence measures 1,250 square feet and has 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,906
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,698,120
$1.7M
Cap Rate 7%
$1,212,943
$1.2M
Cap Rate 9%
$943,400
$943.4K
Market Conditions
NOI Build-Up for 3,737 SF
Gross rent
$125.6K $33.60/SF
− Vacancy
−$4.3K −$1.14/SF
EGI
$121.3K $32.46/SF
− OpEx
−$36.4K −$9.74/SF
NOI
$84.9K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,698,120
Cap Rate 7%
$1,212,943
Cap Rate 9%
$943,400
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.42M
NOI $84,906 @ 7.0% cap · market cap 4.47%
Second Best
Mixed Use
$900.9K
$788.3K – $1.05M
NOI $63,062 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,863 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 25%
Apparel 13%
Chevron
Shops & Services
9,681 visits/mo
0.3 miles
Beach Cities Toyota Westminster
Shops & Services
8,103 visits/mo
0.4 miles
Jack in the Box
Dining
8,046 visits/mo
0.3 miles
Pep Boys Auto Parts & Service
Shops & Services
5,757 visits/mo
0.4 miles
SKECHERS Factory Outlet
Apparel
5,666 visits/mo
0.4 miles
Demographics for 92655, CA
8,878
Population
2,845
Households
3.1
Avg Household Size
40
Median Age
21%
College-Educated
67%
High-School Grad
0.9 sq mi
ZIP Area
9,864
Density / Sq Mi
$64,602
Median Household Income
$36,588
Median Earnings
$1,443
Median Rent
$723,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two leased spaces combine a street-facing retail unit with a rear two-bedroom residence.
Where is this mixed-use property located?
The property is located at 8261 Bolsa Ave Midway City, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Two occupied units combine retail and residential space; Front retail unit measures 2,487 square feet; Rear residence measures 1,250 square feet and has 2 bedrooms and 2 bathrooms
