Creative Space with Commercial
For Sale
Contact for pricing
12322 Exposition Boulevard, Los Angeles, CA 90064
Bow-truss construction, natural light, and a commercial kitchen support a distinctive creative workspace.
Property Size16,326 SF
Price / SF$765.65
Days on Market60
Property Features for 12322 Exposition Boulevard
General Information
Standard status
Active
Size
16,326 SF
Class
B
Total Parking Spaces
20
Property subtype
Office, Mixed Use
Zoning
M1-1
Amenities
full commercial kitchen
cafe bar
lounge
roll-up door
private parking lot
Building Details
Year Built
1958
Year Renovated
2020
Buildings
1
Units
1
Construction
bow-truss
Listed By:
Troy Estes · License #CA
Source:
Crexi
Added: Aug 17
Changed: Oct 11
Last Checked: Oct 14 at 11:47PM
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 Troy Estes
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Investment Insights
Based on property information with market context.
This creative space occupies a bow-truss building with exposed air ducts, cement walls, and abundant natural light. The interior includes a full commercial kitchen, cafe bar, and lounge, creating a varied layout for work, hospitality, and gathering areas. A roll-up door connects the building to a private parking lot.
The property is located at 12322 Exposition Boulevard in Los Angeles and carries M1-1 zoning. Built in 1958, the building combines original structural character with substantial interior improvements and specialized food-service infrastructure.
The property is located at 12322 Exposition Boulevard in Los Angeles and carries M1-1 zoning. Built in 1958, the building combines original structural character with substantial interior improvements and specialized food-service infrastructure.
Key Highlights
- Bow‑truss building with abundant natural light
- Full commercial kitchen with cafe bar and lounge
- Exposed air ducts and cement wall finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$442,148
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,842,960
$8.8M
Cap Rate 7%
$6,316,400
$6.3M
Cap Rate 9%
$4,912,756
$4.9M
Market Conditions
NOI Build-Up for 16,326 SF
Gross rent
$603.4K $36.96/SF
− Vacancy
−$13.9K −$0.85/SF
EGI
$589.5K $36.11/SF
− OpEx
−$147.4K −$9.03/SF
NOI
$442.1K $27.08/SF
Area
Los Angeles, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,842,960
Cap Rate 7%
$6,316,400
Cap Rate 9%
$4,912,756
Alternative Uses
Best Use
Specialty Retail
$6.32M
$5.53M – $7.37M
NOI $442,148 @ 7.0% cap · market cap 3.54%
Second Best
Office B
$5.54M
$4.84M – $6.46M
NOI $387,518 @ 7.0% cap · market cap 3.10%
Theoretical Best
Multifamily LT 5
$330.75M
$289.41M – $385.88M
NOI $23,152,847 @ 7.0% cap · market cap 185.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,367
Businesses Nearby
Explore this area
Business Placement
Demographics for 90064, CA
27,553
Population
12,897
Households
2.1
Avg Household Size
40
Median Age
71%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
7,447
Density / Sq Mi
$129,703
Median Household Income
$84,766
Median Earnings
$2,710
Median Rent
$1,746,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - Bow-truss construction, natural light, and a commercial kitchen support a distinctive creative workspace.
Where is this creative space located?
The property is located at 12322 Exposition Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Bow‑truss building with abundant natural light; Full commercial kitchen with cafe bar and lounge; Exposed air ducts and cement wall finishes
