Mixed-Use Asset Near
115 E Arbor Vitae Street Los Angeles, CA 90045
115 E Arbor Vitae Street, Los Angeles, CA, 90045
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For Sale
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Fully occupied mixed-use asset with redevelopment potential near LAX.
Property Size7,983 SF
Price / SF$263.06
Days on Market58
Property Features for 115 E Arbor Vitae Street
General Information
- Standard status
- Active
- Size
- 7,983 SF
- Property subtype
- Mixed Use
Listing Agency
Voit Real Estate Services Voit Irvine
Listed by
jeff mitchell · License #CA
Source
Crexi
Added: May 23 Checked: Jul 17 at 9:21 am
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.
Local Financial Insights For 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 | $295.1k | $36.96 |
| − Vacancy | −$30.4k | −$3.81 |
| EGI | $264.7k | $33.15 |
| − OpEx | −$79.4k | −$9.95 |
| NOI | $185.3k | $23.21 |
7,983 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$141.13M
$123.49M – $164.66M
NOI $9,879,394 @ 7.0% cap · market cap 470.45%
Second Best
Retail
$2.65M
$2.32M – $3.09M
NOI $185,263 @ 7.0% cap · market cap 8.82%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
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.
