Freestanding Creative
1361 Newton St Los Angeles, CA 90021
1361 Newton St, Los Angeles, CA, 90021
Contact for pricing
For Sale
Contact for pricing
Rebuilt in 2016 with four private offices and drive-in bay access.
Property Size5,000 SF
Lot Size0.11 Acres
Price / SF$339.80
Days on Market56
Property Features for 1361 Newton St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.11 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
illi Commercial Real Estate
(818) 514-2204
Listed by
Todd Nathanson · License #00923779
(818) 514-2204
Source
Moodyscre
Added: May 27 Updated: Jul 20 at 5:49 pm Checked: Jul 20 at 5:49 pm
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Investment Insights
Based on property information with market context.
This free-standing creative office/warehouse building was rebuilt in 2016 and is configured with four private offices plus drive-in bay access. The layout supports flexible warehouse or creative office use, depending on a tenant or business’s operational needs.
The property is located at 1361 Newton St in Los Angeles, positioned between Hooper and S Central Ave. Remarks indicate it offers central DTLA access with proximity to the Arts District and Fashion District, along with access to the 10 Fwy.
Seller financing is available, with an interest-only structure for qualified buyers, offering an additional option for buyers evaluating this asset for purchase.
The property is located at 1361 Newton St in Los Angeles, positioned between Hooper and S Central Ave. Remarks indicate it offers central DTLA access with proximity to the Arts District and Fashion District, along with access to the 10 Fwy.
Seller financing is available, with an interest-only structure for qualified buyers, offering an additional option for buyers evaluating this asset for purchase.
Key Highlights
- Free‑standing creative office/warehouse building with approximately 5,000 SF on 0.11 acres
- Rebuilt in 2016
- Includes (4) private offices
Local Financial Insights For Office B
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 | $194.4k | $38.88 |
| − Vacancy | −$36.2k | −$7.23 |
| EGI | $158.2k | $31.65 |
| − OpEx | −$39.6k | −$7.91 |
| NOI | $118.7k | $23.74 |
5,000 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.70M
$1.48M – $1.98M
NOI $118,681 @ 7.0% cap · market cap 6.99%
Second Best
Warehouse
$1.08M
$942.8K – $1.26M
NOI $75,423 @ 7.0% cap · market cap 4.44%
Theoretical Best
Multifamily LT 5
$101.30M
$88.63M – $118.18M
NOI $7,090,790 @ 7.0% cap · market cap 417.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lavanderia
Hospital
Noah Jackson Carpet ...
Carpet & Flooring Store
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FAQs
What type of property is this?
Flex space - Rebuilt in 2016 with four private offices and drive-in bay access.
Where is this flex space located?
The property is located at 1361 Newton St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Free‑standing creative office/warehouse building with approximately 5,000 SF on 0.11 acres; Rebuilt in 2016; Includes (4) private offices
