6229-6235 W 87th St - Storefront FOR SALE


Los Angeles, CA 90045- Westchester
$5,295,000 USD
310-923-2700
6229-6235 W 87th St, Los Angeles, CA for Sale
$5,295,000 USD
Storefront - FOR SALE
1/8
null | 5.82% Cap Rate

6229-6235 W 87th St
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • Multi-tenant NNN investment with eight tenants and 100% occupancy.
  • Recently renovated building offering strong physical condition and curb appeal.
  • Approximately 120 feet of frontage along W. 87th Street in a high-traffic corridor.
  • Located near LAX, I-405, and major employment hubs, ensuring consistent consumer traffic.
  • Surrounded by established retail, dining, and lifestyle amenities within a walkable neighborhood.
  • Attractive cap rate with annual rent escalations and options to extend lease terms.

OVERVIEW

This offering presents a fully leased, multi-tenant retail investment located at 6229 & 6235 W. 87th Street in the heart of Westchester, one of Los Angeles’ most established and desirable neighborhoods. The property spans approximately 8,410 rentable square feet on a 12,000-square-foot parcel and is configured as a single-story retail strip with eight tenants in place. Featuring a triple net (NNN) lease structure, the asset provides investors with a stable income stream and minimal management responsibilities. Positioned along a highly trafficked corridor, the property benefits from excellent visibility and approximately 120 feet of frontage on W. 87th Street. Its location offers immediate access to major thoroughfares, including Sepulveda Boulevard and the I-405 freeway, and is less than two miles from Los Angeles International Airport (LAX). The surrounding area is characterized by strong demographics, dense residential neighborhoods, and a robust mix of national and local retailers, including Trader Joe’s, Ralphs, and Bristol Farms. With a recent renovation, 100% occupancy, and a cap rate of 5.8%, this property represents a compelling opportunity for investors seeking a low-maintenance, income-producing asset in a high-demand submarket.

FOR SALE DETAILS

PRICE

$5,295,000 USD

PRICE/SF

$630 USD /SF

CAP RATE

5.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,000 SF

ZONING

LAC2

APN/PARCEL ID

4123-003-024,4123-003-025

ASK ABOUT THIS PROPERTY

William AlthouseWESTMAC Commercial Brokerage CompanyMore Info
310-923-2700

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William AlthouseWESTMAC Commercial Brokerage CompanyMore Info
310-923-2700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.