Wholesale and Office Retail
For Sale
Contact for pricing
800 E 12th St, Los Angeles, CA 90021
Retail space configured for wholesale and office use within LA Fashion Mart.
Property Size1,590 SF
Price / SF$440.25
Days on Market1161
Property Features for 800 E 12th St
General Information
Standard status
Active
Size
1,590 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Listing Agency:
Daham Realty Group, Inc
Listed By:
Hoon Jae (Jay) Kim
(310) 800-5662
Source:
Moodyscre
Added: Jul 12, 2023
Changed: Sep 12
Last Checked: Sep 14 at 10:27AM
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 Daham Realty Group, Inc
Investment Insights
Based on property information with market context.
LA Fashion Mart retail space with configuration intended for wholesale and office use. The space measures 1,590 SF and is located at 800 E 12th St, Los Angeles, CA 90021, on 12th Street facing north.
This layout can support business uses that benefit from both storefront retail presence and office operations. The north-facing orientation may be useful for planning interior light and tenant workspace.
For tenants or owners looking for a retail space that accommodates both wholesale activity and office functions, this offering provides a compact footprint at LA Fashion Mart.
This layout can support business uses that benefit from both storefront retail presence and office operations. The north-facing orientation may be useful for planning interior light and tenant workspace.
For tenants or owners looking for a retail space that accommodates both wholesale activity and office functions, this offering provides a compact footprint at LA Fashion Mart.
Key Highlights
- LA Fashion Mart retail space
- 1,590 SF
- Designed for wholesale and office use
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
$36,899
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
5.27%
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%
$737,980
$738.0K
Cap Rate 7%
$527,129
$527.1K
Cap Rate 9%
$409,989
$410.0K
Market Conditions
NOI Build-Up for 1,590 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
$58.8K $36.96/SF
− Vacancy
−$6.1K −$3.81/SF
EGI
$52.7K $33.15/SF
− OpEx
−$15.8K −$9.95/SF
NOI
$36.9K $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 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%
$737,980
Cap Rate 7%
$527,129
Cap Rate 9%
$409,989
Alternative Uses
Best Use
Retail
$527.1K
$461.2K – $615.0K
NOI $36,899 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$32.21M
$28.19M – $37.58M
NOI $2,254,871 @ 7.0% cap · market cap 322.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8,482
Businesses Nearby
Explore this area
Business Placement
Demographics for 90021, CA
5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
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?
Retail space - Retail space configured for wholesale and office use within LA Fashion Mart.
Where is this retail space located?
The property is located at 800 E 12th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: LA Fashion Mart retail space; 1,590 SF; Designed for wholesale and office use
