Mixed-Use Building with Apartment

1451 Malvern Ave Los Angeles, CA 90006

Claim this Listing
For Sale
$1,800,000

Well-maintained commercial building with warehouse, offices, and apartment.

Type:Industrial
Property size:
5,610 SF
Price / SF:
$320/SF
Added:
Nov 26, 2025
Days on Market:
227
Last Refresh:
May 8 at 10:34 pm

Property Features for 1451 Malvern Ave

General Information

Standard status
Active
Size
5,610 SF
Property subtype
Industrial

Building Details

Year Built
1956

Listing office Lee & Associates

Listing date Nov 26, 2025

Source Lee-associates

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 well-maintained mixed-use commercial building features creative open space, private offices, and conference rooms. It includes a concrete block warehouse with a roll-up door and a 2-bedroom, 1-bathroom apartment on the second floor. The property also offers gate-secured parking and a carport. Centrally located, it is in close proximity to South Park and USC. The apartment has a month-to-month tenant and can be vacated. The building's size is 5,610 square feet. Intended uses for the property include office and residential. Potential business uses include creative open space, private offices, and conference rooms.

Key Highlights

  • Mixed‑use commercial building featuring creative open space, private offices, and conference rooms.
  • Includes a 2‑bedroom/1‑bathroom apartment on the second floor.
  • Concrete block warehouse with roll‑up door.

Local Financial Insights For Mixed Use

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 $202.0k $36.00
− Vacancy −$20.2k −$3.60
EGI $181.8k $32.40
− OpEx −$68.2k −$12.15
NOI $113.6k $20.25
5,610 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Apartment 5plus
$99.18M
$86.78M – $115.71M (±1% cap)
NOI $6,942,678 @ 7.0% cap · market cap 385.70%
Second Best
Mixed Use
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,603 @ 7.0% cap · market cap 6.31%
Theoretical Best
Multifamily LT 5
$113.66M
$99.45M – $132.60M (±1% cap)
NOI $7,955,866 @ 7.0% cap · market cap 441.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store (Bike/Boat/Book/etc) Store Buffet Restaurant Pet Grooming Service Adult Day Care (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Well-maintained commercial building with warehouse, offices, and apartment.
Where is this mixed-use property located?
The property is located at 1451 Malvern Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Mixed‑use commercial building featuring creative open space, private offices, and conference rooms.; Includes a 2‑bedroom/1‑bathroom apartment on the second floor.; Concrete block warehouse with roll‑up door.
Contact an agent
More about this property
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