Fashion District Industrial
517-519 E 9th Street Los Angeles, CA 90014
517-519 E 9th Street, Los Angeles, CA, 90014
$2,680,000
For Sale
$2,680,000
Industrial building in the Fashion District, ideal for owner-user.
Property Size13,428 SF
Lot Size0.16 Acres
Price / SF$199.58
Days on Market111
Property Features for 517-519 E 9th Street
General Information
- Standard status
- Active
- Size
- 13,428 SF
- Lot size
- 0.16 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1923
Properties For Sale
at 517-519 E 9th Street Contact us
Listing agency
Daum Commercial
(310) 883-8476
Listed by
Bryan Abayan · License #CA 02005294
(310) 883-8476
Source
Daumcommercial
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 2:57AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This industrial building, located in the heart of the Fashion District, is ideal for an owner-user. Constructed in 1923, the brick and masonry building offers approximately 13,428 square feet of space on a 6,782 square foot lot. The property is zoned M2 and features a 12-foot clear height. An oversized freight elevator provides access throughout the building. The elevator has been recently refurbished. Natural light fills the space through skylights and large windows. The ground floor is currently available, while the second floor is occupied.
Key Highlights
- Ideal for Owner‑User in the Heart of the Fashion District
- M2 Zoning / ±13,428 SF on 6,782 SF Land
- Oversized Freight Elevator / Recently Refurbished
Local 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 | $254.6k | $18.96 |
| − Vacancy | −$16.3k | −$1.21 |
| EGI | $238.3k | $17.75 |
| − OpEx | −$71.5k | −$5.32 |
| NOI | $166.8k | $12.42 |
13,428 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.38M
$2.09M – $2.78M
NOI $166,811 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$272.04M
$238.04M – $317.38M
NOI $19,043,025 @ 7.0% cap · market cap 710.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - Industrial building in the Fashion District, ideal for owner-user.
Where is this industrial property located?
The property is located at 517-519 E 9th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,680,000.
What are key features of this property?
This property features: Ideal for Owner‑User in the Heart of the Fashion District; M2 Zoning / ±13,428 SF on 6,782 SF Land; Oversized Freight Elevator / Recently Refurbished
