Showroom and Office
For Sale
Contact for pricing
1015-1100 Crocker St, Los Angeles, CA 90015
For-sale commercial space configured for both showroom and office use.
Property Size827 SF
Price / SF$359.13
Days on Market1880
Property Features for 1015-1100 Crocker St
General Information
Standard status
Active
Size
827 SF
Property subtype
RETAIL
Listing Agency:
Fox Industrial Realty
(213) 744-1556
Listed By:
Frank Kim
(213) 272-5004
Source:
Moodyscre
Added: Jul 21, 2021
Changed: Aug 11
Last Checked: Sep 12 at 9:10AM
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 Fox Industrial Realty
Investment Insights
Based on property information with market context.
This for-sale commercial space is described as suitable for showroom and office uses. The property totals approximately 827 square feet, offering a compact footprint for an organization looking for dedicated indoor space.
The asset is located at 1015-1100 Crocker St, Los Angeles, CA 90015. The current positioning as showroom and office-ready space may support a range of back-office and client-facing layouts within a single offering.
The asset is located at 1015-1100 Crocker St, Los Angeles, CA 90015. The current positioning as showroom and office-ready space may support a range of back-office and client-facing layouts within a single offering.
Key Highlights
- For‑sale commercial space configured for showroom and office use
- Suitable for showroom and office operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,630
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$392,600
$392.6K
Cap Rate 7%
$280,429
$280.4K
Cap Rate 9%
$218,111
$218.1K
Market Conditions
NOI Build-Up for 827 SF
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.
Gross rent
$32.2K $38.88/SF
− Vacancy
−$6.0K −$7.23/SF
EGI
$26.2K $31.65/SF
− OpEx
−$6.5K −$7.91/SF
NOI
$19.6K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$392,600
Cap Rate 7%
$280,429
Cap Rate 9%
$218,111
Alternative Uses
Best Use
Office B
$280.4K
$245.4K – $327.2K
NOI $19,630 @ 7.0% cap · market cap 6.61%
Second Best
Retail
$274.2K
$239.9K – $319.9K
NOI $19,192 @ 7.0% cap · market cap 6.46%
Theoretical Best
Multifamily LT 5
$16.75M
$14.66M – $19.55M
NOI $1,172,817 @ 7.0% cap · market cap 394.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10,892
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - For-sale commercial space configured for both showroom and office use.
Where is this showroom located?
The property is located at 1015-1100 Crocker St Los Angeles, CA.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: For‑sale commercial space configured for showroom and office use; Suitable for showroom and office operations
