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30056266
30056265

6229 & 6235 W. 87th Street, Westchester, CA 60453-1174 For Sale

WA
CA 01403020
WESTMAC
Listed by WESTMAC
$4,750,000
141 days on market
Updated 86 days ago

6229 & 6235 W. 87th Street

Details
APN 4123 - 003 - 024 , 025
Property Type Retail
Sub Type Storefront
Square Footage 8,410
Cap Rate 5.80%
NOI $308,315
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $629
Year Built 1948
Year Renovated 2024
Buildings 3
Stories 1
Lot Size (SqFt) 12,000
Zoning [Q] C2-1-CDO
Parking Spaces 18 spaces
Parking per 1,000 SqFt 2.14
Investment Type Stabilized

Retail | 5.80% CAP | 8,410 SqFt

Marketing description

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 6229 & 6235 W. 87th Street in Westchester, CA. The property is a multi-tenant triple net (NNN) leased retail property located along highly trafficked 87th Street in an area known as the triangle.

6229 & 6235 W. 87th Street was built in 1948 and recently renovated. The property is approximately 8,410 rentable square feet of storefront retail building situated on approximately 12,00 square feet of land. It is located in the densely populated Westchester neighborhood.

The property is currently leased to eight (8) tenants.

Situated in the heart of Westchester, 6229 and 6235 W. 87th Street benefit from a prime location within one of Los Angeles’s most stable and established commercial corridors. This area is highly accessible, serving as a key connector between the dense residential neighborhoods of the Westside and major regional employment hubs. The property is positioned to take advantage of steady local traffic and excellent arterial connectivity, providing streamlined access to major thoroughfares like Sepulveda Boulevard, as well as proximity to the I-405 freeway and the Los Angeles International Airport. Its strategic placement offers the dual benefit of a quiet, professional atmosphere while remaining deeply integrated into the broader Los Angeles metropolitan transportation network.

The immediate vicinity of 87th Street is defined by a dense concentration of lifestyle and daily-needs amenities, making it a highly desirable hub for businesses and employees alike. Within walking distance or a very short drive, the area features well-established retail centers that house major grocery staples such as Ralphs, Trader Joe’s, and Bristol Farms, along with popular national retailers and service providers. This vibrant neighborhoods infrastructure is further supported by proximity to the Westchester business district, various professional medical and health services, and numerous local eateries. With a high walkability score and a focus on community-oriented commerce, the location provides a convenient, well-serviced environment that fosters both daily productivity and long-term tenant appeal.

Investment highlights

  • Multi-Tenant NNN Investment Opportunity – Low management property, highly maintained asset, and guaranteed lease.
  • Excellent 1031 Exchange Up-Leg Property – Remaining Lease terms, annual 3% increases, and options to extend lease terms.
  • Passive NNN Lease – The Tenant is financially responsible for Taxes, Utilities, Insurance and CAM charges relating to the property.
  • Excellent Building Condition – The building was recently renovated.

Listing Contacts

WA
CA 01403020
WESTMAC
Listed by WESTMAC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$308,315.00
$25,692.92/mo

Valuation Metrics

0
DSCR
6.49%
Cap Rate
6.49%
ROI

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