Flex Space with
For Sale
Contact for pricing
1054 S Main Street, Los Angeles, CA 90015
A flexible interior configuration supports office, retail, gallery, or creative uses.
Property Size9,750 SF
Price / SF$0.19
Days on Market21
Property Features for 1054 S Main Street
General Information
Standard status
Active
Size
9,750 SF
Property subtype
Commercial
Site & Location
Neighborhood
Downtown
Additional Details
Property Use
Office/Retail/Gallery/Flex Space
Building Details
Year Built
1911
Listing Agency:
DCJN Corp.
Listed By:
Michael Nikravesh · License #01208829
Source:
K9hausrealty
Added: Oct 9
Changed: Oct 28
Last Checked: Oct 28 at 3:22PM
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 DCJN Corp.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 9,750-square-foot flex property was built in 1911 and includes a second-floor mezzanine. The space is presented for office, retail, gallery, or creative use, with a layout suited to a range of commercial configurations.
Located at 1054 S Main Street in Los Angeles, the property is in a downtown setting.
Located at 1054 S Main Street in Los Angeles, the property is in a downtown setting.
Key Highlights
- 9,750 square feet of flex space
- Second‑floor mezzanine
- Built in 1911
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,469
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,249,380
$2.2M
Cap Rate 7%
$1,606,700
$1.6M
Cap Rate 9%
$1,249,656
$1.2M
Market Conditions
NOI Build-Up for 9,750 SF
Gross rent
$184.9K $18.96/SF
− Vacancy
−$11.8K −$1.21/SF
EGI
$173.0K $17.75/SF
− OpEx
−$60.6K −$6.21/SF
NOI
$112.5K $11.54/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,249,380
Cap Rate 7%
$1,606,700
Cap Rate 9%
$1,249,656
Alternative Uses
Best Use
Office B
$3.31M
$2.89M – $3.86M
NOI $231,428 @ 7.0% cap · market cap 12,543.52%
Second Best
Retail
$3.23M
$2.83M – $3.77M
NOI $226,270 @ 7.0% cap · market cap 12,263.96%
Theoretical Best
Multifamily LT 5
$197.53M
$172.84M – $230.45M
NOI $13,827,040 @ 7.0% cap · market cap 749,433.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17,061
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Caters 4 you — 796 E 14th Pl, Los Angeles, CA 90021
- Four Seasons Catering — 1300 San Pedro St Suite 210, Los Angeles, CA 90015
- El Guero Food truck — 1013 crocker st, los angeles, ca 90021
- Picky Doggy Food Trucks — 406 E 12th St, Los Angeles, CA 90015
- Sitram USA — 1337 flower st, los angeles, ca 90015
Frequently Asked Questions
What type of property is this?
Flex space - A flexible interior configuration supports office, retail, gallery, or creative uses.
Where is this flex space located?
The property is located at 1054 S Main Street Los Angeles, CA.
What are key features of this property?
This property features: 9,750 square feet of flex space; Second‑floor mezzanine; Built in 1911
