8521 Norwalk BlvdWhittier, CA 90606

Property Details for 8521 Norwalk Blvd

Year built

1990

Construction

WOOD

Lot size

0.47 AC

Property size (Sq ft)

7,152 SF

Zone code

LCC4YY

Property type

Retail properties

Property subtype

Retail space

APN

8178-027-028

APU

8178027028

Description

This 1,470 sq. ft. storefront at Slauson Plaza in Whittier, CA, is part of a larger 7,152 sq. ft. retail building situated on a 0.46-acre lot. The property, located at 8521 Norwalk Blvd, 90606, benefits from a prime corner location at a high-traffic intersection of Slauson and Norwalk Boulevards, offering excellent visibility and accessibility. The building, classified as Class C, underwent renovations in 2022. The property includes 20 parking spaces, a significant advantage for customers and employees. Its convenient location offers easy access to major freeways, with the 605 Freeway just 3 minutes away and the 5 Freeway a short 10-minute drive. This space is ideal for a variety of retail businesses seeking high exposure and a strong customer base in a well-established area of Los Angeles County. The multiple-tenancy building provides a vibrant commercial environment. This move-in ready space presents a compelling opportunity for businesses seeking a strategic location in Whittier, near Santa Fe Springs.

• CAP approach

  CAP return

  Valuation

  6%

  $3,020,369

  6.5%

  $2,788,033

  7%

  $2,588,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,427,261

  Geo Method

  $3,427,261

• Alternative Use

  Use

  Valuation

  Residential

  $2,351,810

  Hospitality

  $2,154,246

  Educational

  $1,792,307

  Medical

  $1,853,947

  Retail

  $2,788,033

Location Insight

City

Whittier

County

Los Angeles

State

California

Latitude

33.9644

Longitude

-118.071

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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