Industrial Warehouse in Prime
1101 E 12th St Los Angeles, CA
For Sale
Contact for pricing
4,880 SF warehouse in prime Los Angeles location.
Property Size4,880 SF
Lot Size0.13 Acres
Price / SF$430.33
Days on Market3409
Property Features for 1101 E 12th St
General Information
- Standard status
- Active
- Size
- 4,880 SF
- Lot size
- 0.13 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
The Quantum Associates
(213) 745-4740
Listed By:
Iqbal Hassan
(213) 745-4740
Source:
Moodyscre
Added: Mar 24, 2017
Changed: Jul 6
Last Checked: Jul 21 at 5:20AM
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 The Quantum Associates
Investment Insights
Based on property information with market context.
This 4,880 square foot industrial warehouse is located on 12th Street between Central and Stanford Avenue in Los Angeles. The property presents an opportunity for either an owner-user or an investment.
Key Highlights
- Prime location on 12th Street
- Owner user opportunity
- Investment opportunity
Financial Insights For Warehouse
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 | $92.5k | $18.96 |
| − Vacancy | −$5.9k | −$1.21 |
| EGI | $86.6k | $17.75 |
| − OpEx | −$13.0k | −$2.66 |
| NOI | $73.6k | $15.08 |
4,880 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.05M
$920.2K – $1.23M
NOI $73,613 @ 7.0% cap · market cap 3.51%
Second Best
Industrial
$866.0K
$757.8K – $1.01M
NOI $60,622 @ 7.0% cap · market cap 2.89%
Theoretical Best
Multifamily LT 5
$98.87M
$86.51M – $115.34M
NOI $6,920,611 @ 7.0% cap · market cap 329.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Custom Racewear & Uniforms
(Bike/Boat/Book/etc) Store
ComQuest Solution.Inc
Tech Support Center
Similar Off Market Nearby
- Southbay Cold Storage — 1351 Elwood St, Los Angeles, CA 90021
- Movers of Los Angeles — 1621 Hooper Ave., Los Angeles, CA 90021
- Crozier Fine Arts - Art Storage and Logistics — 2010 E 15th St, Los Angeles, CA 90021
- Allure Trading Solutions Inc. — 2155 E 14th St, Los Angeles, CA 90021
- Easy Packing — 1100 E 16th St unit c, Los Angeles, CA 90021
FAQs
What type of property is this?
Warehouse - 4,880 SF warehouse in prime Los Angeles location.
Where is this warehouse located?
The property is located at 1101 E 12th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime location on 12th Street; Owner user opportunity; Investment opportunity
