Downtown Retail Condominium
For Sale
Contact for pricing
1015-1100 Crocker St, Los Angeles, CA 90015
Retail condominium unit with on-site parking in Downtown Los Angeles.
Property Size917 SF
Price / SF$272.63
Days on Market822
Property Features for 1015-1100 Crocker St
General Information
Standard status
Active
Size
917 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Downtown
Listing Agency:
Kidder Mathews
(213) 421-1400
Listed By:
Robert An, SIOR
(213) 219-3964
Source:
Moodyscre
Added: Jul 29, 2024
Changed: Oct 25
Last Checked: Oct 28 at 10:43AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$21,281
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,620
$425.6K
Cap Rate 7%
$304,014
$304.0K
Cap Rate 9%
$236,456
$236.5K
Market Conditions
NOI Build-Up for 917 SF
Gross rent
$33.9K $36.96/SF
− Vacancy
−$3.5K −$3.81/SF
EGI
$30.4K $33.15/SF
− OpEx
−$9.1K −$9.95/SF
NOI
$21.3K $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%
$425,620
Cap Rate 7%
$304,014
Cap Rate 9%
$236,456
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.
How Realmo checks its estimates
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 Retail in Los Angeles, CA
Similar Off Market Nearby
- Mar flower shop — 2006 Maple Ave, Los Angeles, CA 90011
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- Scarlet Design — 418 E 12th St, Los Angeles, CA 90015
- Twin Oaks Flowers — 1200 Wall St, Los Angeles, CA 90015
- 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
