Mixed-Use Building with
118 South La Brea Avenue, Los Angeles, CA 90036
For Sale
Contact for pricing
Vacant delivery combines street-level storefronts with upper-level workspace and rear vehicle parking.
Property Size5,000 SF
Price / SF$550
Days on Market8
Property Features for 118 South La Brea Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Mixed-Use Components
Additional Details
Property Use
Building Details
Buildings
Stories
Building Size
Tenancy
Listing Agency:
Kidder Mathews Los Angeles
Listed By:
John Anthony · License #CA 01226464
(213) 225-7218
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 4:00PM
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 Kidder Mathews Los Angeles
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Investment Insights
Based on property information with market context.
At 118 South La Brea Avenue, this 5,000 SF mixed-use property pairs two ground-floor retail units with office space on the second floor. Rear parking accommodates up to 12 vehicles. The building is vacant and located along the South La Brea Avenue corridor in Los Angeles.
Key Highlights
- 5,000 SF mixed‑use building
- Two ground‑floor retail units
- Second‑floor office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,681
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,373,620
$2.4M
Cap Rate 7%
$1,695,443
$1.7M
Cap Rate 9%
$1,318,678
$1.3M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$194.4K $38.88/SF
− Vacancy
−$36.2K −$7.23/SF
EGI
$158.2K $31.65/SF
− OpEx
−$39.6K −$7.91/SF
NOI
$118.7K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,373,620
Cap Rate 7%
$1,695,443
Cap Rate 9%
$1,318,678
Alternative Uses
Best Use
Office B
$1.70M
$1.48M – $1.98M
NOI $118,681 @ 7.0% cap · market cap 4.32%
Second Best
Retail
$1.66M
$1.45M – $1.93M
NOI $116,036 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,129 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 90036, CA
39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant delivery combines street-level storefronts with upper-level workspace and rear vehicle parking.
Where is this mixed-use property located?
The property is located at 118 South La Brea Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 5,000 SF mixed‑use building; Two ground‑floor retail units; Second‑floor office space
