1244 S Atlantic, East Los Angeles, CA 90022
Commercial Sale - East Los Angeles, CA
- Added:
- Oct 1, 2025
- Days on Market:
- 251
- Last Refresh:
- Jun 8 at 7:06 pm
Property Features for 1244 S Atlantic
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 6340011042
- Size
- 2,755 SF
- Lot size
- 0.17 Acres
Utilities
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1979
- Architectural style
- Other
Listing agent Jamee Lindberg License #01107487 (562) 493-3004
Listing office Re/Max R. E. Specialists 5199 E Pacific Coast Hwy, 100D, Long Beach, CA (562) 493-3004
Listing date Oct 1, 2025
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Large 7432 sqft lot in East Los Angeles location.
- Currently operating as an automotive business with SIX bays and hydraulic lifts.
- Includes an office (approximately 600 sqft) with bathroom and a shop bathroom.
- Block construction with flat roof and interior loft for storage.
- Ten parking spaces plus one handicap space.
- Secured with alley gate and front chain link fence with sliding gate.
Overview
The property is located at 1244 S Atlantic in East Los Angeles, CA 90022. The yard provides 10 parking spaces plus one additional handicap parking space. Access is supported by an alley with a gate, and the front of the property is enclosed with chain-link fencing and a sliding chain-link gate.
For buyers or operators, the combination of multiple hydraulic-lift bays, roll-up doors, and dedicated parking makes the site well-suited for service and repair tenants seeking an established automotive layout. The on-site office supports daily operations, while the yard and gated alley access help accommodate vehicle flow for an automotive business.
Local Financial Insights For Retail
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 | $101.8k | $36.96 |
| − Vacancy | −$2.3k | −$0.85 |
| EGI | $99.5k | $36.11 |
| − OpEx | −$29.8k | −$10.83 |
| NOI | $69.6k | $25.28 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- E & a Co — 4811 Telegraph Rd, Los Angeles, CA 90022
- Premium Auto Care — 4701 Telegraph Rd, East Los Angeles, CA 90022
- AUTO REPAIR TNT auto Repair / Mecanico General — 4739 Telegraph Rd, Los Angeles, CA 90022
- Bonz Auto Mecanic — 4661 Telegraph Rd, East Los Angeles, CA 90022
- A & K Auto Repair — 4731 Telegraph Rd, Los Angeles, CA 90022
Location Insight
- Map
- Local Demand
- City
- East Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.157
- Latitude
- 34.0246
