7301 Figueroa Street Los Angeles, CA 90003
7301 Figueroa Street, Los Angeles, CA, 90003
$1,100,000
For Sale
$1,100,000
Retail space
Property Size3,750 SF
Price / SF$293.33
Days on Market434
Property Features for 7301 Figueroa Street
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1963
Listing agency
JACOB & TYLER REALTY
(626) 318-8891
Listed by
WILLIAM DANG
Source
Xome
Added: May 14, 2025 Updated: Jul 21 at 2:16PM Checked: Jul 21 at 2:16PM
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 JACOB & TYLER REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- Standalone commercial building on a corner lot in Los Angeles
- 3,750 sq ft freestanding commercial space with a flexible layout
- Street‑facing frontage suitable for signage and branding
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 | $138.6k | $36.96 |
| − Vacancy | −$3.2k | −$0.85 |
| EGI | $135.4k | $36.11 |
| − OpEx | −$40.6k | −$10.83 |
| NOI | $94.8k | $25.28 |
3,750 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.58M
NOI $94,789 @ 7.0% cap · market cap 8.62%
Second Best
Office B
$1.30M
$1.14M – $1.52M
NOI $91,152 @ 7.0% cap · market cap 8.29%
Theoretical Best
Apartment 5plus
$66.30M
$58.01M – $77.35M
NOI $4,640,828 @ 7.0% cap · market cap 421.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coin Wash
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
Where is this retail space located?
The property is located at 7301 Figueroa Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Standalone commercial building on a corner lot in Los Angeles; 3,750 sq ft freestanding commercial space with a flexible layout; Street‑facing frontage suitable for signage and branding
