Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5604 San Vicente Blvd Los Angeles, CA 90019

    • Retail properties
    • 6,200 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smokahontas 25 Cap / (Bike/Boat/Book/etc) Store

    Property Details for 5604 San Vicente Blvd

    Year built
    1979
    Lot size
    0.36 lot acres
    Property size
    6,200 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional retail opportunity is located at 5604 San Vicente Blvd, Los Angeles, CA 90019, on a highly visible corner with excellent traffic flow. The property, known as Vicente Place, boasts a total of 6,200 square feet and is situated on a 0.36-acre lot. Currently, there is one available space of 1,400 square feet, representing the minimum and maximum contiguous space available. The building was originally constructed in 1979 and underwent a complete renovation in 2024, presenting a modern and updated aesthetic. The property is zoned for retail, office, and restaurant uses, making it ideal for a variety of businesses, particularly quick-service restaurants (QSR). The property's APN is 5085-018-038 and its cross street is Hauser. This prime location offers unparalleled visibility and accessibility, making it an attractive investment opportunity for businesses seeking a high-traffic area in Los Angeles. The property is multi-tenant. Contact us today to learn more about this special promotional pricing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.355
    Latitude
    34.054

    Comparable in this City

    • Value Estimation by Request
      1,395 SF

      1258 La Brea Ave

      Restaurants • 1,395 SF
      1258 La Brea Ave, Los Angeles, CA 90019
      View Details
    • Value Estimation by Request
      5,730 SF

      4930-4948 Pico Blvd

      Medical offices • 5,730 SF
      4930-4948 Pico Blvd, Los Angeles, CA 90019
      View Details
    • Value Estimation by Request
      5,269 SF

      5281 Pico Blvd

      Office space • 5,269 SF
      5281 Pico Blvd, Los Angeles, CA 90019
      View Details
    • Value Estimation by Request
      3,264 SF

      1439 La Brea Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,264 SF
      1439 La Brea Ave, Los Angeles, CA 90019-4111
      View Details
    • Value Estimation by Request
      2,125 SF

      5103 Venice Blvd

      Retail properties • 2,125 SF
      5103 Venice Blvd, Los Angeles, CA 90019
      View Details
    • Value Estimation by Request
      1,404 SF

      5132 Venice Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,404 SF
      5132 Venice Blvd, Los Angeles, CA 90019-5229
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4 SF

      Crenshaw Boulevard Office Opportunity

      Office property on Crenshaw Blvd, buyer to verify all information.
      1153 Crenshaw Blvd, Los Angeles, CA 90019
      View Details
    • $220,000
      920 SF

      Established Restaurant in Mid-City

      Well-equipped restaurant with beer and wine license in Los Angeles.
      3224 Venice Blvd, Los Angeles, CA 90019
      View Details
    • $1,190,000
      2,400 SF

      Mixed-Use Building in Los Angeles

      Commercial/residential building with upside potential in Los Angeles, CA.
      5618 Venice Blvd, Los Angeles, CA 90019
      View Details
    • Contact for pricing
      4,104 SF

      Vacant Ground Floor Office Space

      Vacant ground floor office unit available for sale in Los Angeles.
      1153 Crenshaw Blvd, Los Angeles, CA 90019
      View Details
    • $8,500,000
      30,489 SF

      Mid-City LA Apartment Building

      38-unit value-add opportunity in Los Angeles
      1776 Rimpau Blvd, Los Angeles, CA 90019
      View Details
    • $1,500,000

      Well-Maintained Four-Unit Building

      Spacious units with income potential in a convenient location.
      1434 S Sierra Bonita Ave, Los Angeles, CA 90019
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,978 SF

      Pico Blvd Creative Office Space

      West LA Creative Office Opportunity
      5030 Pico Blvd, Los Angeles, CA 90019
      View Details
    • Contact for pricing
      5,730 SF

      Pico Blvd Medical Office Space

      Prime Medical Office Suites Available
      4930-4948 Pico Blvd, Los Angeles, CA 90019
      View Details
    • $42 SF/Yr
      5,269 SF

      West Pico Blvd Retail Space

      Mid-City LA retail opportunity. High visibility storefront.
      5281 Pico Blvd, Los Angeles, CA 90019
      View Details
    • Contact for pricing
      2,125 SF

      Prime Venice Blvd Retail Space

      2,125 SF Retail Space - Ample Parking
      5103 Venice Blvd, Los Angeles, CA 90019
      View Details
    • $2 SF/Yr
      2,500 SF

      Crenshaw Boulevard Retail/Office Space

      Retail or office space available for lease on Crenshaw Blvd.
      2821-2825 Crenshaw Blvd, Los Angeles, CA 90019
      View Details
    • Contact for pricing

      Renovated Creative Space Near Galleries

      Creative space near Perrotin gallery with renovated building and modern amenities.
      5030 West Pico Blvd, Los Angeles, CA 90019
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5604 San Vicente Blvd
    Los Angeles, CA 90019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.