Boyle Heights Warehouse Near
2715 E 12th Los Angeles, CA 90023
For Sale
$5,694,485
30,781 SF warehouse in Boyle Heights, close to Downtown LA.
Property Size30,781 SF
Price / SF$185
Days on Market95
Property Features for 2715 E 12th
General Information
- Standard status
- Active
- Size
- 30,781 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1967
Listing Agency:
Listed By:
Karina Saranovic Wukelic
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 7:17AM
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 Karina Saranovic Wukelic
Investment Insights
Based on property information with market context.
Located in the Boyle Heights neighborhood, near Downtown LA and the Arts District, the property at 2715 E. 12th St. in Los Angeles is a 30,781 SF building. Its location provides convenient access to arterial roads such as Soto St., Washington Blvd., and Olympic Blvd., as well as major freeways including the I-10, I-110, I-5, and I-101. The warehouse features clearance heights ranging from 16 to 26 feet. Convenient parking is available along the front of the building. A secure recessed dock is available for loading. The interior features exposed brick and bow trusses. The location has a walk score of 87, indicating it is very walkable, a transit score of 71, indicating excellent transit options, and a bike score of 57, indicating it is bikeable.
Key Highlights
- Excellent Transit Score (71)
- Very Walkable Score (87)
- Proximity to Downtown LA and the Arts District
Financial Insights For Warehouse
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 | $583.6k | $18.96 |
| − Vacancy | −$37.4k | −$1.21 |
| EGI | $546.3k | $17.75 |
| − OpEx | −$81.9k | −$2.66 |
| NOI | $464.3k | $15.08 |
30,781 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.63M
$5.80M – $7.74M
NOI $464,318 @ 7.0% cap · market cap 8.15%
Second Best
Industrial
$5.46M
$4.78M – $6.37M
NOI $382,380 @ 7.0% cap · market cap 6.71%
Theoretical Best
Multifamily LT 5
$623.60M
$545.65M – $727.54M
NOI $43,652,321 @ 7.0% cap · market cap 766.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ks Textile Inc.
Industrial Manufacturer
SNS Fabrics Inc
Big Box & Wholesale Store
Similar Off Market Nearby
- Lineage — 3001 Sierra Pine Ave, Vernon, CA 90058
- Pilot Water Tower Warehouse — 2820 S Soto St, Los Angeles, CA 90023
- 99¢ Only Store Distribution Center — 3050 E Washington Blvd, Los Angeles, CA 90023
- Lineage — 3200 E Washington Blvd, Vernon, CA 90058
- Lineage — 3100 E Washington Blvd, Los Angeles, CA 90023
FAQs
What type of property is this?
Warehouse - 30,781 SF warehouse in Boyle Heights, close to Downtown LA.
Where is this warehouse located?
The property is located at 2715 E 12th Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,694,485.
What are key features of this property?
This property features: Excellent Transit Score (71); Very Walkable Score (87); Proximity to Downtown LA and the Arts District
