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    1931 Bay St Los Angeles, CA 90021

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    For Lease
    $0.99 SF/Yr ($1,237 /Mo)

    Two-story building in Arts District, suitable for warehousing/flex/R&D/studio/office.

    Property size:
    15,000 SF
    Lot size:
    0.20 Acres

    Property Features for 1931 Bay St

    General Information

    Size
    15,000 SF
    Lot size
    0.20 Acres

    Source: North American Commercial Properties Agent Jay Chang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arts District Warehouse/Flex Space

    This two-story brick building, located in the Arts District and adjacent to the Fashion District, is available for lease. The property is suitable for warehousing, flex space, research and development, studio, or office use. The building features a full kitchen and shower, and is equipped with full HVAC throughout. A freight elevator with a 2,000-pound capacity is also present. The lease rate is $0.99 per square foot for the first year, $1.25 per square foot for the second year, and $1.35 per square foot for the third year. The property size is 15,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Southbay Cold Storage, Movers of Los Angeles, Crozier Fine Arts - Art Storage and Logistics, Allure Trading Solutions Inc., Box Yard

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.23301
    Latitude
    34.0316

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    FAQs

    What type of property is this?
    Warehouse - Two-story building in Arts District, suitable for warehousing/flex/R&D/studio/office.
    Where is this warehouse located?
    The property is located at 1931 Bay St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $0.99 SF/Yr.
    What are key features of this property?
    This property features: - Versatile space ideal for warehousing, flex space, R&D, studio, or office; - Located in the vibrant Arts District, next to the Fashion District; - Enjoy full HVAC throughout the entire 2-story building
    (213) 216-9690
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    1931 Bay 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
    1931 Bay St Los Angeles, CA 90021
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