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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3357 Whittier Blvd Los Angeles, CA 90023

    • Lifestyle centers
    • 772 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 3357 Whittier Blvd

    Property size
    772 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 772-square-foot retail space presents a unique opportunity for businesses seeking high visibility and foot traffic. Located on a signalized corner of Whittier Boulevard in Los Angeles, California, this single-tenant property boasts unparalleled accessibility and exposure. The entire 772 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property is situated in Los Angeles County, zip code 90023, offering convenient access to major transportation routes and a dense residential population. This prime location within a thriving commercial area ensures consistent customer flow and significant brand recognition potential. The property's classification as a shopping center within the commercial sector indicates its suitability for a wide range of retail businesses. The address is 3357 Whittier Blvd, Los Angeles, CA. This is an ideal opportunity for businesses seeking a high-impact location with excellent visibility to establish or expand their presence in the Los Angeles market. The property's corner location and signalized intersection guarantee maximum exposure to vehicular and pedestrian traffic. Don't miss this chance to secure a prominent retail space in a highly desirable area.

    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
    -118.201
    Latitude
    34.0282

    Comparable in this City

    • Value Estimation
      $1,995,000
      8,509 SF

      1178 Lorena St

      MINI-MALL • 8,509 SF
      1178 Lorena St, Los Angeles, CA 90023-2928
      View Details
    • Value Estimation
      $2,165,000
      8,836 SF

      3351 Whittier Blvd

      MINI-MALL • 8,836 SF
      3351 Whittier Blvd, Los Angeles, CA 90023-2205
      View Details
    • Value Estimation
      $4,375,000
      19,833 SF

      2917 Whittier Blvd

      MINI-MALL • 19,833 SF
      2917 Whittier Blvd, Los Angeles, CA 90023
      View Details
    • Value Estimation
      $1,830,000
      7,423 SF

      1201 Soto St

      MINI-MALL • 7,423 SF
      1201 Soto St, Los Angeles, CA 90023-2615
      View Details
    • Value Estimation
      $7,130,000
      30,247 SF

      1224 Soto St

      MINI-MALL • 30,247 SF
      1224 Soto St, Los Angeles, CA 90023-2616
      View Details
    • Value Estimation
      $1,010,000
      5,087 SF

      3857 Whittier Blvd

      MINI-MALL • 5,087 SF
      3857 Whittier Blvd, Los Angeles, CA 90023-2432
      View Details

    Similar Nearby for Sale

    • $1,499,998
      6,746 SF

      Mixed-Use Complex in Los Angeles

      Six-unit mixed-use complex in the heart of East Los Angeles.
      2635 Whittier Blvd, Los Angeles, CA 90023
      View Details
    • $650,000
      2,073 SF

      Mixed-Use Investment Opportunity in Boyle Heights

      Mixed-use property in Boyle Heights with residential and commercial potential.
      3306 E 8Th St, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      3,620 SF

      Retail Building with Residential Income

      Retail building with apartment and single-family residential income.
      900 N Soto St, Los Angeles, CA 90023
      View Details
    • $1,499,000
      4,382 SF

      Los Angeles Commercial Property For Sale

      Free-standing commercial building in a dynamic Los Angeles neighborhood.
      2655 Short St, Los Angeles, CA 90023
      View Details
    • $7,950,000
      20,500 SF

      Retail Building For Sale

      Freestanding retail building with 20,500 square feet of space.
      2500 W 7Th St, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      5,410 SF

      Boyle Heights Industrial Corner Property

      5,410 SF building in Boyle Heights industrial area.
      3109 E 11Th St, Los Angeles, CA 90023
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      772 SF

      High-Traffic Retail Space in LA

      Prime Whittier Blvd location, 772 sq ft.
      3357 Whittier Blvd, Los Angeles, CA 90023
      View Details
    • $15 SF/Yr
      4,318 SF

      Olympic Blvd Warehouse Space For Lease

      Large warehouse, ideal for multiple uses.
      3921 Olympic Blvd, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      602 SF

      Retail Space Available For Rent

      Retail space available for rent in Los Angeles, CA.
      3476 Whittier Blvd, Los Angeles, CA 90023
      View Details
    • $4,500 /Mo

      Retail Space on Whittier Blvd

      Retail space for rent in a great location.
      4114 Whittier Blvd, East Los Angeles, CA 90023
      View Details
    • New
      $3,500 /Mo
      2,150 SF

      Commercial Space in Los Angeles

      Versatile space suitable for office, retail, or warehouse use.
      3136 E Olympic Blvd, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      19,200 SF

      Dock Serviced Warehouse For Rent

      Warehouse space ideal for storage, near major freeways.
      3150 E Pico Blvd, Los Angeles, CA 90023
      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.
    3357 Whittier Blvd
    Los Angeles, CA 90023
    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.