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    8622 Balboa Blvd Los Angeles, CA 91325

    Sponsored
    For Lease
    $37 SF/Yr

    Prime Los Angeles Retail, 800 SF Available

    Lot size:
    8,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 800-square-foot retail space is located at 8622 Balboa Boulevard in Los Angeles, California, 91325, within a larger 8,950-square-foot Class B strip center built in 1965. The property is situated in Los Angeles County and offers a single suite currently vacant. The space, previously a barber shop, boasts an open floor plan ideal for a variety of retail uses. Large windows provide excellent natural light, enhancing the space's appeal. Convenient features include both front and rear entrances, ensuring easy access for customers and staff, as well as a private restroom. Ample on-site parking is available for customers and employees, and the property also offers the opportunity for prominent pole signage, increasing visibility and brand recognition. This location benefits from high traffic and visibility due to its proximity to established businesses such as KFC, Planet Fitness, and McDonald's, ensuring a steady flow of potential customers. The property's strategic location and desirable features make it an excellent opportunity for a business seeking a high-traffic, well-positioned retail space in a thriving Los Angeles neighborhood. The total building consists of one suite.

    Property Features for 8622 Balboa Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,950 SF
    Class
    B
    Total Rate
    28192.5

    Building Details

    Year Built
    1965

    Unit(s) available at that property

    Space
    8630 Balboa Blvd.
    Size
    800 SF
    Rate per SF
    $37

    HighLights

    • 800 SF of retail space available for lease.
    • Previously a barber shop.
    • Ample parking available.
    • Pole sign permitted.
    • Abundant on‑site parking.
    • Excellent freeway access via the 118, 101, and 405 freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.5023712
    Latitude
    34.2274873

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Los Angeles Retail, 800 SF Available
    Where is this neighborhood center located?
    The property is located at 8622 Balboa Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: 800 SF of retail space available for lease.; Previously a barber shop.; Ample parking available.
    Request Owner's contact information
    8622 Balboa Blvd Los Angeles, CA 91325
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8622 Balboa Blvd Los Angeles, CA 91325
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