4-Unit Mixed-Use
For Sale
Contact for pricing
8317 Olympic Blvd, Pico Rivera, CA 90660
Mixed-use asset combining commercial workshop space with two remodeled residential units and on-site vehicle access.
Property Size3,992 SF
Price / SF$231.71
Days on Market188
Property Features for 8317 Olympic Blvd
General Information
Standard status
Active
Size
3,992 SF
Property subtype
Retail, Office, Mixed Use
Occupancy
100%
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1927
Tenancy
Multi
Listing Agency:
Century 21 Allstars
Listed By:
Paola Melendez · License #01779654
(562) 225-4802
Source:
Crexi
Added: Apr 14
Changed: Sep 7
Last Checked: Oct 16 at 9:00AM
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 Century 21 Allstars
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property contains four units within a 3,992-square-foot asset built in 1927. The two front units are currently configured as workshops and are identified for potential retail, office, or other commercial use. Residential accommodations include a second-floor 2-bedroom, plus bonus room, 2-bath unit and a detached two-story 1-bedroom, 1-bath unit. Both residential units have been recently remodeled, with features including recessed lighting and updated flooring; the larger unit also includes updated kitchen cabinets and high ceilings, while the detached unit has fresh paint.
Vehicle-related improvements include a 1-car garage with washer and dryer hookups, a driveway sized for multiple vehicles, and alley access that provides additional parking access. All four units are currently tenant-occupied, supporting a combination of commercial and residential occupancy within the property.
Vehicle-related improvements include a 1-car garage with washer and dryer hookups, a driveway sized for multiple vehicles, and alley access that provides additional parking access. All four units are currently tenant-occupied, supporting a combination of commercial and residential occupancy within the property.
Key Highlights
- Four‑unit mixed‑use property totaling 3,992 SF
- Two front workshop units identified for retail, office, or other commercial use
- Second‑floor 2‑bedroom, plus bonus room, 2‑bath residential unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,838
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,616,760
$1.6M
Cap Rate 7%
$1,154,829
$1.2M
Cap Rate 9%
$898,200
$898.2K
Market Conditions
NOI Build-Up for 3,992 SF
Gross rent
$143.7K $36.00/SF
− Vacancy
−$14.4K −$3.60/SF
EGI
$129.3K $32.40/SF
− OpEx
−$48.5K −$12.15/SF
NOI
$80.8K $20.25/SF
Area
Los Angeles County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,616,760
Cap Rate 7%
$1,154,829
Cap Rate 9%
$898,200
Alternative Uses
Best Use
Retail
$1.26M
$1.10M – $1.47M
NOI $88,321 @ 7.0% cap · market cap 9.55%
Second Best
Office B
$1.25M
$1.09M – $1.45M
NOI $87,262 @ 7.0% cap · market cap 9.43%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,611 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
796
Businesses Nearby
Explore this area
Business Placement
Demographics for 90660, CA
62,013
Population
17,281
Households
3.6
Avg Household Size
38
Median Age
16%
College-Educated
72%
High-School Grad
7.8 sq mi
ZIP Area
7,950
Density / Sq Mi
$86,956
Median Household Income
$41,526
Median Earnings
$1,775
Median Rent
$621,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use asset combining commercial workshop space with two remodeled residential units and on-site vehicle access.
Where is this mixed-use property located?
The property is located at 8317 Olympic Blvd Pico Rivera, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Four‑unit mixed‑use property totaling 3,992 SF; Two front workshop units identified for retail, office, or other commercial use; Second‑floor 2‑bedroom, plus bonus room, 2‑bath residential unit
