Commercial Building Near
206 W Adams Blvd Los Angeles, CA
206 W Adams Blvd, Los Angeles, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Four commercial units near USC and Downtown LA.
Property Size8,594 SF
Lot Size0.27 Acres
Price / SF$325.23
Days on Market721
Property Features for 206 W Adams Blvd
General Information
- Standard status
- Active
- Size
- 8,594 SF
- Lot size
- 0.27 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Lee & Associates
(323) 767-2041
Listed by
Armen Kazaryan · License #01291719
(323) 767-2041
Source
Moodyscre
Added: Aug 1, 2024 Updated: Jul 6 at 9:47AM Checked: Jul 21 at 6:45AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This commercial building, located at the southwest corner of Adams Boulevard and Hill Street, offers an opportunity for an owner/user or investment. The property comprises four commercial units with short-term leases. The building is located minutes from the University of Southern California and Downtown Los Angeles, with quick access to the 110 and 10 Freeways. The building has HVAC in the majority of the space; the buyer is advised to verify this information. The property size is 8594 square feet.
Key Highlights
- Prime location: SWC of Adams Blvd and Hill St
- Investment/Owner‑User opportunity
- Features 4 Commercial Units
Local Financial Insights For Industrial
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 | $162.9k | $18.96 |
| − Vacancy | −$10.4k | −$1.21 |
| EGI | $152.5k | $17.75 |
| − OpEx | −$45.8k | −$5.32 |
| NOI | $106.8k | $12.42 |
8,594 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.53M
$1.33M – $1.78M
NOI $106,760 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$174.11M
$152.35M – $203.13M
NOI $12,187,650 @ 7.0% cap · market cap 436.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alexz Mini Market
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - Four commercial units near USC and Downtown LA.
Where is this industrial property located?
The property is located at 206 W Adams Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Prime location: SWC of Adams Blvd and Hill St; Investment/Owner‑User opportunity; Features 4 Commercial Units
