Two-Story Mixed-Use
8701 LA TIJERA BLVD, Los Angeles, CA 90045
For Sale
Contact for pricing
Pending
Street-facing shops share the property with interior office and retail suites under two lease structures.
Property Size12,896 SF
Days on Market53
Property Features for 8701 LA TIJERA BLVD
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Corner Location
Road Access
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Coldwell Banker Commercial Los Angeles
Listed By:
Eric Sackler · License CA #01057377
(310) 979-4990
Source:
Crexi
Added: Sep 23
Changed: Nov 10
Last Checked: Nov 12 at 6:40AM
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 Coldwell Banker Commercial Los Angeles
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Investment Insights
Based on property information with market context.
This 12,896-square-foot building dates to 1955 and contains two stories of retail and office space. Eight retail suites face the street, while 13 additional professional-service office and retail suites occupy interior space on the ground and second floors. The property is fully occupied, with NNN leases for the street-facing retail suites and full-service gross leases for the other suites.
Positioned on a corner, the building has frontage along La Tijera Boulevard and Truxton Avenue. It is within the Westchester Triangle Commercial Historic District, a retail and office corridor, and receives weekly foot traffic associated with the Westchester Farmer’s Market.
Positioned on a corner, the building has frontage along La Tijera Boulevard and Truxton Avenue. It is within the Westchester Triangle Commercial Historic District, a retail and office corridor, and receives weekly foot traffic associated with the Westchester Farmer’s Market.
Key Highlights
- 21 occupied suites: 8 street‑facing retail and 13 interior office/retail
- 12,896 square feet across two stories
- Corner frontage on La Tijera Boulevard and Truxton Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$299,280
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,985,600
$6.0M
Cap Rate 7%
$4,275,429
$4.3M
Cap Rate 9%
$3,325,333
$3.3M
Market Conditions
NOI Build-Up for 12,896 SF
Gross rent
$476.6K $36.96/SF
− Vacancy
−$49.1K −$3.81/SF
EGI
$427.5K $33.15/SF
− OpEx
−$128.3K −$9.95/SF
NOI
$299.3K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,985,600
Cap Rate 7%
$4,275,429
Cap Rate 9%
$3,325,333
Alternative Uses
Best Use
Retail
$4.28M
$3.74M – $4.99M
NOI $299,280 @ 7.0% cap · market cap 7.98%
Second Best
Mixed Use
$3.73M
$3.26M – $4.35M
NOI $261,144 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$5.38M
$4.71M – $6.28M
NOI $376,897 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,014
Businesses Nearby
Explore this area
Business Placement
Demographics for 90045, CA
41,035
Population
17,981
Households
2.3
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,800
Density / Sq Mi
$132,577
Median Household Income
$68,684
Median Earnings
$2,909
Median Rent
$1,322,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-facing shops share the property with interior office and retail suites under two lease structures.
Where is this mixed-use property located?
The property is located at 8701 LA TIJERA BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 21 occupied suites: 8 street‑facing retail and 13 interior office/retail; 12,896 square feet across two stories; Corner frontage on La Tijera Boulevard and Truxton Avenue
