1451 Malvern Ave Los Angeles, CA 90006
Well-maintained commercial building with warehouse, offices, and apartment.
- 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 (213) 290-3599
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.
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 |