Renovated Warehouse with Secured
1385 E 15th Street Los Angeles, CA 90021
1385 E 15th Street, Los Angeles, CA, 90021
$1,500,400
For Sale
$1,500,400
Move-in ready warehouse with air-conditioned office and secured yard.
Property Size4,840 SF
Price / SF$310
Days on Market111
Property Features for 1385 E 15th Street
General Information
- Standard status
- Active
- Size
- 4,840 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1973
Properties For Sale
at 1385 E 15th Street Contact us
Listing agency
DAUM Commercial Real Estate
(213) 270-2224
Listed by
Sean Kim · License #CA 02030559
(213) 270-2224
Source
Daumcommercial
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 22 at 2:07AM
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 DAUM Commercial Real Estate
Investment Insights
Based on property information with market context.
This property features a newly renovated office and warehouse space, offering move-in ready condition. The property includes a large fenced and secured yard area. The entire office and warehouse are fully air-conditioned. It is located minutes from the Fashion Wholesale Mart and the 10 Freeway. The property size is 4,840 square feet.
Key Highlights
- Move‑in ready condition
- Fully air‑conditioned office and warehouse
- Newly renovated office and warehouse
Local Financial Insights For Warehouse
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 | $91.8k | $18.96 |
| − Vacancy | −$5.9k | −$1.21 |
| EGI | $85.9k | $17.75 |
| − OpEx | −$12.9k | −$2.66 |
| NOI | $73.0k | $15.08 |
4,840 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.04M
$912.6K – $1.22M
NOI $73,009 @ 7.0% cap · market cap 4.87%
Second Best
Industrial
$858.9K
$751.6K – $1.00M
NOI $60,125 @ 7.0% cap · market cap 4.01%
Theoretical Best
Multifamily LT 5
$98.06M
$85.80M – $114.40M
NOI $6,863,885 @ 7.0% cap · market cap 457.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
City of Angeles PPE
Medical Supply Store
grape vines corp
Food And Beverage Exporter
Similar For Sale Nearby
Similar Off Market Nearby
- Southbay Cold Storage — 1351 Elwood St, Los Angeles, CA 90021
- Teson Forever — 1995 e 20th st, los angeles, ca 90058
- Movers of Los Angeles — 1621 Hooper Ave., Los Angeles, CA 90021
- Crozier Fine Arts - Art Storage and Logistics — 2010 E 15th St, Los Angeles, CA 90021
- Trinity Logistics — 1996 Long Beach Ave, Los Angeles, CA 90058
FAQs
What type of property is this?
Warehouse - Move-in ready warehouse with air-conditioned office and secured yard.
Where is this warehouse located?
The property is located at 1385 E 15th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,500,400.
What are key features of this property?
This property features: Move‑in ready condition; Fully air‑conditioned office and warehouse; Newly renovated office and warehouse
