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    1212 Albany St Los Angeles, CA 90015

    Sponsored
    Source: https://www.majorproperties.com
    For Lease
    $1.25 SF/Yr ($1,059 /Mo)

    Clean Multi-Use Flex Facility

    Lot size:
    10,174 SF

    Description

    Added:
    Apr 29, 2025
    Days on Market:
    253
    • Ideal for warehouse/distribution or office uses
    • Large open floor plan: Make it your own!
    • Secure, gated surface parking for 7± vehicles
    • Great location at the corner of Albany St and 12th Place
    • One block north of Pico Blvd and one block west of the Harbor (110) Freeway
    • Heavy 600 amps power service
    • 12′ clearance height
    • Ground level loading door
    • Zoned LA CM-1-O
    • $1.25 per SF for the first 6 months, then $1.45 per SF (MG)

    Property Features for 1212 Albany St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,174 SF
    USF (Usable sq. ft)
    7,320 SF
    Elevators
    N/A
    Total Rate
    1059.79

    Building Details

    Buildings
    1
    Stories
    1
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -118.2327662
    Latitude
    33.9767187

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    FAQs

    What type of property is this?
    Flex space - Clean Multi-Use Flex Facility
    Where is this flex space located?
    The property is located at 1212 Albany St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    (714) 883-6875
    Request Owner's contact information
    1212 Albany St Los Angeles, CA 90015
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    Los Angeles, CA 90015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1212 Albany St Los Angeles, CA 90015
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