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    Los Angeles Commercial Building For Sale Title is generated by Realmo AI

    1401 N Main Street, Los Angeles, CA 90012

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    For Sale
    $2,600,000

    Commercial Sale - Los Angeles, CA

    Property size:
    5,656 SF
    Price / SF:
    $459/SF
    Added:
    Aug 1, 2025
    Days on Market:
    316
    Last Refresh:
    Jun 12 at 1:06 pm

    Property Features for 1401 N Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    5409005027
    Size
    5,656 SF

    Building Details

    Year built
    1926
    Architectural style
    Other

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    Listing Contact
    PETER LO

    Listing agent PETER LO License #01062167

    Listing office IRN REALTY 556 Las Tunas Dr. # 101, Arcadia, CA

    Listing date Aug 1, 2025

    MLS# WS25150773 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Price reduced to $2,600,000.
    • Building renovation plan available.
    • Permitted use includes hard liquor sale, cafeteria, and grocery store.
    • Refer to Offering Memorandum (O.M.) for details.
    • Co‑listing broker is Evan Jurgensen of Lee & Associates.
    • Year built: 1926.

    Overview

    Located in Los Angeles, CA, the property at 1401 N Main Street offers a commercial building with 5,656 square feet of space. The property is intended for commercial sale and has a building renovation plan with hard liquor sale, cafeteria, and grocery store use. The property is suitable for grocery and convenience stores, individual retail properties, retail properties, restaurants, and other restaurants.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $209.0k $36.96
    − Vacancy −$4.8k −$0.85
    EGI $204.2k $36.11
    − OpEx −$51.1k −$9.03
    NOI $153.2k $27.08
    5,656 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.19M
    $1.91M – $2.55M (±1% cap)
    NOI $153,178 @ 7.0% cap · market cap 5.89%
    Second Best
    Retail
    $1.88M
    $1.64M – $2.19M (±1% cap)
    NOI $131,260 @ 7.0% cap · market cap 5.05%
    Theoretical Best
    Multifamily LT 5
    $114.59M
    $100.26M – $133.69M (±1% cap)
    NOI $8,021,101 @ 7.0% cap · market cap 308.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Día de cacería Resort San Han Inc Real Estate Agency ATM Atm Bravo A3p Sports (Bike/Boat/Book/etc) Store Piccolo Pendolare Car Dealership

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Marukai Market — 123 Astronaut Ellison S Onizuka St #105, Los Angeles, CA 90012
    • Biky's Market — 1428 E Cesar E Chavez Ave, Los Angeles, CA 90033
    • Stay Zero Proof — 425 Gin Ling Wy, Los Angeles, CA 90012
    • Wing Hing Co — 663 N Broadway, Los Angeles, CA 90012

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2313
    Latitude
    34.06498

    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial building in Los Angeles, CA, suitable for retail.
    Where is this grocery and convenience store located?
    The property is located at 1401 N Main Street Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Price reduced to $2,600,000.; Building renovation plan available.; Permitted use includes hard liquor sale, cafeteria, and grocery store.
    More about this property
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