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Mixed Use / Market Retail & Residencial 13809 Funston Ave 3,235 SF Retail Building Norwalk, CA 90650 $1,098,000 ($339.41/SF)



Investment Highlights
- -Prime residential area in Norwalk with high street visibility at Funston Ave & Foster Rd.
- -The recorded size is 3,235 SF, the estimated usable area is approximately 4,050+ SF
- -Immediate rental upside potential as current rents are below market.
- -Maintained mixed-use property ideal for investors and owner-users alike.
- -R3 Zoning provides future development flexibility and value-add potential.
Executive Summary
Huge Price Reduction! "Dunkin's Market in this unit is also for sale (Business and Property sold separately)."
Prime residential area in Norwalk with high street visibility at the corner of Funston Ave & Foster Rd. This maintained, mixed-use property is ideal for both investors and owner-users. While the recorded size is 3,235 SF, the estimated usable area is approximately 4,050+ SF, offering significantly more functional space. Additionally, the R3 Zoning provides excellent future development flexibility and value-add potential. This unique, single-story building offers a versatile Mixed-Use / Stores & Residential combination. The property features a spacious studio currently utilized as a small chapel, alongside a comfortable residential section comprising 3 bedrooms and 2 bathrooms. The corner market has been successfully operating at this prime location for over 20 years. This is a rare opportunity for investors or anyone seeking a versatile space with both residential and commercial potential. Don't miss out!
Prime residential area in Norwalk with high street visibility at the corner of Funston Ave & Foster Rd. This maintained, mixed-use property is ideal for both investors and owner-users. While the recorded size is 3,235 SF, the estimated usable area is approximately 4,050+ SF, offering significantly more functional space. Additionally, the R3 Zoning provides excellent future development flexibility and value-add potential. This unique, single-story building offers a versatile Mixed-Use / Stores & Residential combination. The property features a spacious studio currently utilized as a small chapel, alongside a comfortable residential section comprising 3 bedrooms and 2 bathrooms. The corner market has been successfully operating at this prime location for over 20 years. This is a rare opportunity for investors or anyone seeking a versatile space with both residential and commercial potential. Don't miss out!
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$94,800
|
$29.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$94,800
|
$29.30
|
| Taxes |
$13,500
|
$4.17
|
| Operating Expenses |
$4,926
|
$1.52
|
| Total Expenses |
$18,426
|
$5.70
|
| Net Operating Income |
$76,374
|
$23.61
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $94,800 |
| Annual Per SF | $29.30 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $94,800 |
| Annual Per SF | $29.30 |
| Taxes | |
|---|---|
| Annual | $13,500 |
| Annual Per SF | $4.17 |
| Operating Expenses | |
|---|---|
| Annual | $4,926 |
| Annual Per SF | $1.52 |
| Total Expenses | |
|---|---|
| Annual | $18,426 |
| Annual Per SF | $5.70 |
| Net Operating Income | |
|---|---|
| Annual | $76,374 |
| Annual Per SF | $23.61 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,235 SF
Building Class
C
Year Built
1924
Price
$1,098,000
Price Per SF
$339.41
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.16 AC
Zoning
R3
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8056-020-006 | Total Assessment | $333,092 (2025) |
| Land Assessment | $202,754 (2025) | Annual Taxes | $13,500 ($4.17/SF) |
| Improvements Assessment | $130,338 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
8056-020-006
Land Assessment
$202,754 (2025)
Improvements Assessment
$130,338 (2025)
Total Assessment
$333,092 (2025)
Annual Taxes
$13,500 ($4.17/SF)
Tax Year
2026
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