Mixed-Use Asset Near
For Sale
Contact for pricing
115 E Arbor Vitae Street, Los Angeles, CA 90045
Fully occupied mixed-use asset with redevelopment potential near LAX.
Property Size7,983 SF
Price / SF$263.06
Days on Market145
Property Features for 115 E Arbor Vitae Street
General Information
Standard status
Active
Size
7,983 SF
Property subtype
Mixed Use
Zoning
C2
Occupancy
100%
Investment Type
Value Add
Building Details
Tenancy
Multi
Listing Agency:
Voit Real Estate Services Voit Irvine
Listed By:
jeff mitchell · License #CA
(949) 263-5323
Source:
Crexi
Added: May 23
Changed: Oct 13
Last Checked: Oct 12 at 8:03PM
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 Voit Real Estate Services Voit Irvine
Investment Insights
Based on property information with market context.
This is a fully occupied mixed-use asset featuring approximately 7,983 square feet. The property is located in a dynamic Los Angeles submarket near LAX and major entertainment venues. It has a diverse tenant mix including residential and retail uses, offering stable in-place income. The property has future repositioning or redevelopment potential under flexible C2 zoning. It is strategically positioned near major freeways and significant regional demand drivers such as SoFi Stadium, the Kia Forum, and the Intuit Dome. The asset benefits from strong visibility and long-term growth fundamentals.
Key Highlights
- Fully occupied ±7,983 SF mixed‑use asset providing stable in‑place income.
- Located in a highly dynamic Los Angeles submarket near LAX and major entertainment venues.
- Strategic location near SoFi Stadium, the Kia Forum, and the Intuit Dome.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$161,656
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,233,120
$3.2M
Cap Rate 7%
$2,309,371
$2.3M
Cap Rate 9%
$1,796,178
$1.8M
Market Conditions
NOI Build-Up for 7,983 SF
Gross rent
$287.4K $36.00/SF
− Vacancy
−$28.7K −$3.60/SF
EGI
$258.6K $32.40/SF
− OpEx
−$97.0K −$12.15/SF
NOI
$161.7K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,233,120
Cap Rate 7%
$2,309,371
Cap Rate 9%
$1,796,178
Alternative Uses
Best Use
Mixed Use
$2.31M
$2.02M – $2.69M
NOI $161,656 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$161.73M
$141.51M – $188.69M
NOI $11,321,155 @ 7.0% cap · market cap 539.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,299
Businesses Nearby
Explore this area
Business Placement
Demographics for 90045, CA
41,035
Population
17,981
Households
2.3
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,800
Density / Sq Mi
$132,577
Median Household Income
$68,684
Median Earnings
$2,909
Median Rent
$1,322,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied mixed-use asset with redevelopment potential near LAX.
Where is this mixed-use property located?
The property is located at 115 E Arbor Vitae Street 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: Fully occupied ±7,983 SF mixed‑use asset providing stable in‑place income.; Located in a highly dynamic Los Angeles submarket near LAX and major entertainment venues.; Strategic location near SoFi Stadium, the Kia Forum, and the Intuit Dome.
