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    1388 Newton St Los Angeles, CA 90021

    Sponsored
    Source: https://www.majorproperties.com
    For Lease
    $1.35 SF/Yr ($664 /Mo)

    Clean Remodeled Industrial Facility

    Lot size:
    5,903 SF

    Description

    Added:
    Apr 29, 2025
    Days on Market:
    255
    • Clean manufacturing/warehouse facility
    • Ideal for garment, electronics, general warehouse use • Light and bright with skylights
    • Includes on-site parking for 4 vehicles
    • Ground level loading door with alley access
    • Located between Central Ave and Hooper Ave 3 blocks north of the Santa Monica (I-10) Freeway
    • Lease rental: $6,250 per month ($1.35 per SF) for first 6 months, then $7,245 per month ($1.50 per SF) for two year term (with option to renew)
    • Ready to move in condition!
    • 4% coop commission

    Property Features for 1388 Newton St

    General Information

    Property type
    Other industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,903 SF
    USF (Usable sq. ft)
    4,830 SF
    Elevators
    N/A
    Total Rate
    664.09

    Building Details

    Buildings
    1
    Stories
    1
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Gym & Fitness Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -117.9681331
    Latitude
    33.9960516

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    FAQs

    What type of property is this?
    Industrial property - Clean Remodeled Industrial Facility
    Where is this industrial property located?
    The property is located at 1388 Newton St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $1.35 SF/Yr.
    (213) 422-4955
    Request Owner's contact information
    1388 Newton St Los Angeles, CA 90021
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    Los Angeles, CA 90021
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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
    1388 Newton St Los Angeles, CA 90021
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