Industrial Condo For
738 E 14th St Los Angeles, CA 90021
For Sale
Contact for pricing
Industrial condo featuring restrooms, electric meters, and ground-level loading.
Property Size11,148 SF
Lot Size0.16 Acres
Price / SF$268.66
Days on Market1170
Property Features for 738 E 14th St
General Information
Standard status
Active
Size
11,148 SF
Lot size
0.16 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(213) 290-3599
Listed By:
Sehyung Kim · License #01327276
(213) 290-3599
Source:
Moodyscre
Added: May 17, 2023
Changed: Jul 6
Last Checked: Jul 21 at 8:47AM
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 industrial condo, totaling 11148 square feet, features individual restrooms and electric meters for each unit. The layout of each unit is split into two floors. Ground-level loading is available. The seller is motivated.
Key Highlights
- Ground level loading for ease of operations.
- Each unit has its own restroom for convenience.
- Individual electric meters in each unit.
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 | $211.4k | $18.96 |
| − Vacancy | −$13.5k | −$1.21 |
| EGI | $197.8k | $17.75 |
| − OpEx | −$59.4k | −$5.32 |
| NOI | $138.5k | $12.42 |
11,148 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.98M
$1.73M – $2.31M
NOI $138,487 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$225.85M
$197.62M – $263.49M
NOI $15,809,625 @ 7.0% cap · market cap 527.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial condo featuring restrooms, electric meters, and ground-level loading.
Where is this industrial property located?
The property is located at 738 E 14th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Ground level loading for ease of operations.; Each unit has its own restroom for convenience.; Individual electric meters in each unit.
