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Retail Property on Main Street

10018 S Main St, Los Angeles, CA 90003

For Sale
$325,000
Pending

Retail property with open concept interior and parking lot.

Property Size864 SF
Lot Size0.08 Acres
Days on Market354

Property Features for 10018 S Main St

General Information

Standard status Pending
Size 864 SF
Lot size 0.08 Acres
Property subtype Commercial

Site & Location

Neighborhood Broadway-Manchester

Building Details

Building Size 864 SF
Year Built 1923
Units 1
Listing Agency: Jackson Property Advisors
Listed By: Victor Jackson · License CA #00910834
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 13 Last Checked: Aug 13 at 12:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jackson Property Advisors

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property features an open concept interior layout with additional space located in the rear of the unit. The property was previously used as a barber shop. A tenant is currently renting the parking lot situated at the rear of the premises. The property is located on Main Street in Los Angeles.

Key Highlights

  • Open concept interior.
  • Additional space in the rear.
  • Tenant renting the parking lot in the rear.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,839
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,780 $436.8K
Cap Rate 7%
$311,986 $312.0K
Cap Rate 9%
$242,656 $242.7K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$31.9K $36.96/SF
− Vacancy
−$734 −$0.85/SF
EGI
$31.2K $36.11/SF
− OpEx
−$9.4K −$10.83/SF
NOI
$21.8K $25.28/SF
Area
ZIP 90003
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,780
Cap Rate 7%
$311,986
Cap Rate 9%
$242,656

Alternative Uses

Best Use
Retail
$312.0K
$273.0K – $364.0K (±1% cap)
NOI $21,839 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.0K
$308.0K – $410.7K (±1% cap)
NOI $24,642 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

A neighborhood barber/hair/clothing store Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

979
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Storefront properties in Los Angeles, CA

$479 Jul
$473 Aug
$473 Sep
$441 Oct

Properties on Market for Storefront properties in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Retail property with open concept interior and parking lot.
Where is this storefront property located?
The property is located at 10018 S Main St Los Angeles, CA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Open concept interior.; Additional space in the rear.; Tenant renting the parking lot in the rear.
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Includes: Price & PSF · Cap rate · Location · Zoning

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