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9819, 9821, 9821 1/2 S. NORMANDIE AVE. 9819 S Normandie Ave 2,600 SF 66% Leased Retail Building Los Angeles, CA 90044 $900,000 ($346.15/SF) 8% Cap Rate
Investment Highlights
- Mini Market-Lease expires March 1st, 2027- $1,700 per month.
- Residential Unit-Vacant can be leased for +/-3,000.00 per month or used as a primary residence.
- Smoke Shop-Lease expires December 1st, 2027-$1,700 per month .
Executive Summary
Mini Market-Lease expires March 1st, 2027- $1,700 per month
Smoke Shop-Month to month lease - can be delivered vacant -$1,700 per month
Residential Unit-Vacant can be leased for +/-3,000.00 per month or used as a primary residence.
Smoke Shop-Month to month lease - can be delivered vacant -$1,700 per month
Residential Unit-Vacant can be leased for +/-3,000.00 per month or used as a primary residence.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$27.69
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$27.69
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $27.69 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $27.69 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Building Class
C
Year Built
2014
Price
$900,000
Price Per SF
$346.15
Cap Rate
8%
NOI
$72,000
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
0.09 AC
Zoning
MU - Mixed Use
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6055-013-042 | Improvements Assessment | $113,781 |
| Land Assessment | $295,833 | Total Assessment | $409,614 |
Property Taxes
Parcel Number
6055-013-042
Land Assessment
$295,833
Improvements Assessment
$113,781
Total Assessment
$409,614
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9819, 9821, 9821 1/2 S. NORMANDIE AVE. | 9819 S Normandie Ave