Downtown Retail Condominium
1015-1100 Crocker St Los Angeles, CA 90015
For Sale
Contact for pricing
Retail condominium unit with on-site parking in Downtown Los Angeles.
Property Size917 SF
Price / SF$272.63
Days on Market732
Property Features for 1015-1100 Crocker St
General Information
Standard status
Active
Size
917 SF
Property subtype
RETAIL
Listing Agency:
Kidder Mathews
(213) 225-7227
Listed By:
Robert An, SIOR
Source:
Moodyscre
Added: Jul 29, 2024
Changed: Jul 28
Last Checked: Jul 29 at 2:10PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This offering presents a condominium unit opportunity within a retail property in Downtown Los Angeles. The unit size is listed as 917 square feet, and the property includes on-site parking, which can support day-to-day tenant and customer access.
The address is 1015-1100 Crocker St, Los Angeles, CA 90015. This is a for-sale opportunity for buyers seeking a retail condominium setup with parking included on-site.
As described in the public remarks, the asset is configured as an individual condo unit within a downtown retail setting, with parking available for occupants.
The address is 1015-1100 Crocker St, Los Angeles, CA 90015. This is a for-sale opportunity for buyers seeking a retail condominium setup with parking included on-site.
As described in the public remarks, the asset is configured as an individual condo unit within a downtown retail setting, with parking available for occupants.
Key Highlights
- Condominium unit opportunity in Downtown Los Angeles
- Retail condominium unit with on‑site parking
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 | $33.9k | $36.96 |
| − Vacancy | −$3.5k | −$3.81 |
| EGI | $30.4k | $33.15 |
| − OpEx | −$9.1k | −$9.95 |
| NOI | $21.3k | $23.21 |
917 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$304.0K
$266.0K – $354.7K
NOI $21,281 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$18.58M
$16.26M – $21.67M
NOI $1,300,451 @ 7.0% cap · market cap 520.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Mar flower shop — 2006 Maple Ave, Los Angeles, CA 90011
- Scarlet Design — 418 E 12th St, Los Angeles, CA 90015
- Twin Oaks Flowers — 1200 Wall St, Los Angeles, CA 90015
- Yangban Same Day Flower Delivery Los Angeles — 1515 Maple Ave, Los Angeles, CA 90015, United States
- Rose Petal — 1188 san pedro st, los angeles, ca 90015
Frequently Asked Questions
What type of property is this?
Storefront property - Retail condominium unit with on-site parking in Downtown Los Angeles.
Where is this storefront property 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 $250,000.
What are key features of this property?
This property features: Condominium unit opportunity in Downtown Los Angeles; Retail condominium unit with on‑site parking
