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High Yield Commercial Investment Opportunity 11771 Washington Blvd 984 SF 100% Leased Retail Building Whittier, CA 90606 $2,250,000 ($2,286.59/SF) 10.91% Cap Rate



Investment Highlights
- Strong 10.91% Current CAP Rate | Projected 12.16% Pro Forma CAP Rate
- Large ±15,397 SF Infill Commercial Parcel
- Strategic Access to I-605, I-5 & SR-60
- Contractual Rent Increases Create Immediate NOI Growth
- Prime Washington Boulevard Frontage
- Ideal for Automotive, Contractor Yard, Service Commercial, Storage, or Repositioning Uses
Executive Summary
11771 Washington Blvd presents a rare opportunity to acquire a high-yield commercial investment positioned on a large infill parcel along one of Southeast Los Angeles County’s primary commercial corridors. Located in the City of Whittier, the property consists of approximately 984 square feet of existing commercial improvements situated on an expansive ±15,397 square-foot lot with flexible LCC3BE* zoning, offering exceptional long-term functionality, owner-user utility, and redevelopment potential.
The asset is currently occupied under a gross lease structure generating strong in-place cash flow, while also benefiting from built-in contractual rent increases that ownership has not yet fully implemented, creating immediate upside for a new investor. The property is offered at an attractive 10.91% current capitalization rate with projected upside to approximately 12.16% pro forma capitalization rate through the implementation of contractual lease escalations alone.
Strategically positioned along Washington Boulevard, the property benefits from excellent visibility, strong traffic exposure, and immediate accessibility to Interstate 605, Interstate 5, and State Route 60. The surrounding trade area is supported by a dense mix of residential neighborhoods, industrial operators, automotive businesses, retail users, and commercial service providers that continue to drive strong demand throughout the Southeast Los Angeles County market.
In addition to its strong investment fundamentals, the property presents a compelling opportunity for an owner-user seeking to control occupancy costs while benefiting from long-term land appreciation in a supply-constrained Los Angeles County infill market. The site’s oversized lot configuration, low site coverage, and flexible commercial zoning create functionality that is increasingly difficult to find throughout the region, making the property well suited for automotive operators, contractors, storage users, service businesses, or future repositioning strategies.
The combination of durable in-place income, contractual revenue growth, flexible zoning, and intrinsic land value positions 11771 Washington Boulevard as a uniquely attractive opportunity for investors, owner-users, and redevelopment-oriented buyers alike.
The asset is currently occupied under a gross lease structure generating strong in-place cash flow, while also benefiting from built-in contractual rent increases that ownership has not yet fully implemented, creating immediate upside for a new investor. The property is offered at an attractive 10.91% current capitalization rate with projected upside to approximately 12.16% pro forma capitalization rate through the implementation of contractual lease escalations alone.
Strategically positioned along Washington Boulevard, the property benefits from excellent visibility, strong traffic exposure, and immediate accessibility to Interstate 605, Interstate 5, and State Route 60. The surrounding trade area is supported by a dense mix of residential neighborhoods, industrial operators, automotive businesses, retail users, and commercial service providers that continue to drive strong demand throughout the Southeast Los Angeles County market.
In addition to its strong investment fundamentals, the property presents a compelling opportunity for an owner-user seeking to control occupancy costs while benefiting from long-term land appreciation in a supply-constrained Los Angeles County infill market. The site’s oversized lot configuration, low site coverage, and flexible commercial zoning create functionality that is increasingly difficult to find throughout the region, making the property well suited for automotive operators, contractors, storage users, service businesses, or future repositioning strategies.
The combination of durable in-place income, contractual revenue growth, flexible zoning, and intrinsic land value positions 11771 Washington Boulevard as a uniquely attractive opportunity for investors, owner-users, and redevelopment-oriented buyers alike.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
984 SF
Building Class
B
Year Built
2022
Price
$2,250,000
Price Per SF
$2,286.59
Cap Rate
10.91%
NOI
$245,373
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.35 AC
Zoning
LCC3BE*
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8173-038-019 | Improvements Assessment | $216,485 |
| Land Assessment | $865,945 | Total Assessment | $1,082,430 |
Property Taxes
Parcel Number
8173-038-019
Land Assessment
$865,945
Improvements Assessment
$216,485
Total Assessment
$1,082,430
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High Yield Commercial Investment Opportunity | 11771 Washington Blvd
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