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    5520 Woodruff Ave Lakewood, CA 90713-1535
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    Property profile & analytics

    5520 Woodruff Ave Lakewood, CA 90713-1535

    View on Map
    • Super regional malls
    • 19,092 SF
    • 1.76 lot acres
    Off-Market
    Last Sale Feb 5, 2025
    $4,500,000
    Property ID
    US10-0435188
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,880,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CDReload - Online Bitcoin ATM / Crypto Atm / Atm
    • Rite Aid Pharmacy / Pharmacy
    • Van Anne Pham, RPh / Pharmacy
    • LibertyX Bitcoin ATM / Atm
    • Rite Aid / Pharmacy

    Property Details for 5520 Woodruff Ave

    Year built
    1987
    Construction
    TILT-UP CONCRETE
    Lot size
    1.76 lot acres
    Property size
    19,092 SF
    Zone code
    LKC4*
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    7174-001-005
    APU
    7174001005

    Description

    This exceptional 19,306-square-foot retail space is situated in the thriving Lakewood Marketplace Shopping Center, located at 5520 Woodruff Avenue, Lakewood, CA 90713, in Los Angeles County. The property is a single-tenant building offering a significant opportunity for a variety of retail businesses. Its prime location within the Lakewood Marketplace Shopping Center ensures high visibility and foot traffic, benefiting from the presence of several established national retailers. These include, but are not limited to, Vons, Chase Bank, Starbucks, Arby's, UnionBank, Daiso, and Banfield Pet Hospital. The property's classification is Retail, specifically a Shopping Center. The building's total square footage is 19,306 square feet. This presents a substantial opportunity for a business seeking a prominent location in a well-established and busy shopping center. The property's address is easily accessible and benefits from excellent visibility and convenient access for customers. The geographic coordinates are 33.857506532940505 latitude and -118.11590437000743 longitude. This location offers a strong foundation for a successful retail operation. The property is categorized as a single-tenant building, providing a unique opportunity for a business to establish a significant presence in a high-traffic area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.115
    Latitude
    33.8577
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $36,905
    $1,437,089
    $1,277,410
    $2,714,499
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,932 SF

      5920 Ss St

      REGIONAL SHOPPING CENTER, MALL • 1,932 SF
      5920 Ss St, Lakewood, CA 90713-1310
      View Details
    • Value Estimation
      $1,135,000
      4,000 SF

      5910 Ss St

      REGIONAL SHOPPING CENTER, MALL • 4,000 SF
      5910 Ss St, Lakewood, CA 90713-1310
      View Details
    • Value Estimation
      $1,555,000
      5,600 SF

      5420 Woodruff Ave

      REGIONAL SHOPPING CENTER, MALL • 5,600 SF
      5420 Woodruff Ave, Lakewood, CA 90713-1533
      View Details
    • Value Estimation
      $13,545,000
      63,775 SF

      5615 Woodruff Ave

      REGIONAL SHOPPING CENTER, MALL • 63,775 SF
      5615 Woodruff Ave, Lakewood, CA 90713-1129
      View Details
    • Value Estimation
      $1,950,000
      8,400 SF

      Lakewood, CA 90713

      REGIONAL SHOPPING CENTER, MALL • 8,400 SF
      Lakewood, CA 90713
      View Details
    • Value Estimation
      $1,485,000
      4,500 SF

      5560 Woodruff Ave

      REGIONAL SHOPPING CENTER, MALL • 4,500 SF
      5560 Woodruff Ave, Lakewood, CA 90713-1535
      View Details

    Similar Nearby for Sale

    • $5,500,000

      Starbucks-Anchored Retail Property For Sale

      Retail property anchored by Starbucks in a dense suburban neighborhood.
      5910 Del Amo Blvd, Lakewood, CA 90713
      View Details
    • $2,950,000
      4,485 SF

      Lakewood Commercial Property for Sale

      Commercial property in Lakewood, CA, ideal for auto-related businesses.
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    • Contact for pricing
      1,440 SF

      Lakewood Retail Space Available

      Retail space available in Lakewood, CA, featuring 1,440 square feet.
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      5,200 SF

      Retail Space Available in Lakewood

      Retail space for sale, current tenant on month-to-month lease.
      5802 Blvd, Lakewood, CA 90713
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    • Contact for pricing

      Corner Lot in Lakewood, CA

      Commercial land for sale at Del Amo and Woodruff.
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      View Details
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    Lakewood, CA 90713-1535
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    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
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    5520 Woodruff Ave, Lakewood, CA, 90713
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