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4-Unit Mixed-Use Property

8317 Whittier Boulevard, Pico Rivera, CA 90660

For Sale
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Mixed-use asset combining commercial workshop space with two remodeled residential units and on-site vehicle access.

Property Size3,992 SF
Price / SF$219.19
Days on Market215

Property Features for 8317 Whittier Boulevard

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 CA #01779654
Source: Crexi
Added: Apr 14 Changed: Nov 12 Last Checked: Nov 14 at 3:11AM

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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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.

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
$64,234
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,284,680 $1.3M
Cap Rate 7%
$917,629 $917.6K
Cap Rate 9%
$713,711 $713.7K
Market Conditions
NOI Build-Up for 3,992 SF
Gross rent
$126.9K $31.80/SF
− Vacancy
−$10.2K −$2.54/SF
EGI
$116.8K $29.26/SF
− OpEx
−$52.6K −$13.17/SF
NOI
$64.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,284,680
Cap Rate 7%
$917,629
Cap Rate 9%
$713,711

Alternative Uses

Best Use
Retail
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,321 @ 7.0% cap · market cap 10.09%
Second Best
Office B
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,262 @ 7.0% cap · market cap 9.97%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M (±1% cap)
NOI $149,611 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Real Estate Agency Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

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

Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA

$440 Jul
$474 Aug
$477 Sep
$474 Oct

Properties on Market for Mixed-use properties in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

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 Whittier Boulevard Pico Rivera, CA.
What is the asking price?
The asking price for this property is $874,999.
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
(562) 225-4802 · Office Call to check price and availability
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