Freestanding Retail
For Sale
Contact for pricing
1255-1257 S La Brea Ave, Los Angeles, CA 90019
A 12-foot ceiling and covered rear storage area add useful physical features to the space.
Property Size3,572 SF
Price / SF$474.52
Days on Market8
Property Features for 1255-1257 S La Brea Ave
General Information
Standard status
Active
Size
3,572 SF
Property subtype
RETAIL
Amenities
12-ft ceilings
covered rear storage area
Building Details
Buildings
1
Listing Agency:
Cushman & Wakefield
(213) 955-5100
Listed By:
Chris Maling · License #01025809
(213) 618-3824
Source:
Moodyscre
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 7 at 12:14PM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
This 3,572-square-foot retail building stands independently and has 12-foot ceilings. A covered area at the rear provides storage; the space previously served as on-site parking.
Key Highlights
- 3,572 square feet of retail space
- 12‑foot ceilings
- Covered rear storage area previously used for on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,896
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,657,920
$1.7M
Cap Rate 7%
$1,184,229
$1.2M
Cap Rate 9%
$921,067
$921.1K
Market Conditions
NOI Build-Up for 3,572 SF
Gross rent
$132.0K $36.96/SF
− Vacancy
−$13.6K −$3.81/SF
EGI
$118.4K $33.15/SF
− OpEx
−$35.5K −$9.95/SF
NOI
$82.9K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,657,920
Cap Rate 7%
$1,184,229
Cap Rate 9%
$921,067
Alternative Uses
Best Use
Retail
$1.18M
$1.04M – $1.38M
NOI $82,896 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$72.37M
$63.32M – $84.43M
NOI $5,065,660 @ 7.0% cap · market cap 298.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,810
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - A 12-foot ceiling and covered rear storage area add useful physical features to the space.
Where is this storefront property located?
The property is located at 1255-1257 S La Brea Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 3,572 square feet of retail space; 12‑foot ceilings; Covered rear storage area previously used for on‑site parking
