Mixed-Use Property with
New
For Sale
$1,395,000
1425 W Jefferson, Los Angeles, CA 90007
Corner-lot property combines a vacant storefront building with an occupied four-unit apartment structure.
Property Size3,592 SF
Lot Size0.12 Acres
Price / SF$388.36
Days on Market3
Property Features for 1425 W Jefferson
General Information
Standard status
Active
Size
3,592 SF
Lot size
0.12 Acres
Property subtype
Commercial
Zoning
C2
Additional Details
Cap Rate
6.5%
Corner Location
Yes
Building Details
Building Size
3,592 SF
Year Built
1922
Buildings
2
Units
7
Listing Agency:
NOHCO Real Estate
(213) 804-7647
Listed By:
Brian Noh · License #01438155
(213) 804-7647
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 10:13AM
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 NOHCO Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property includes two separate structures totaling 3,592 SF on a 5,058 SF corner lot. The 1,872 SF retail building is fully vacant and includes rear parking, offering a space for owner occupancy or division into three retail units. A separate two-story apartment building, constructed in 1954, contains four 1/1 units totaling 1,720 SF. Each apartment is occupied by a month-to-month tenant.
Located at 1425 W Jefferson in Los Angeles, the property is within the USC Patrol Zone and near the USC campus, Exposition Park, the LA Coliseum, freeways, restaurants, and shops. C2 zoning allows multiple uses. The property has a Walk Score of 80, a Transit Score of 60, and a Bike Score of 59. Reported investment metrics include an 11.3 GRM and a 6.5% cap rate.
Located at 1425 W Jefferson in Los Angeles, the property is within the USC Patrol Zone and near the USC campus, Exposition Park, the LA Coliseum, freeways, restaurants, and shops. C2 zoning allows multiple uses. The property has a Walk Score of 80, a Transit Score of 60, and a Bike Score of 59. Reported investment metrics include an 11.3 GRM and a 6.5% cap rate.
Key Highlights
- Two structures totaling 3,592 SF on a 5,058 SF corner lot
- Vacant 1,872 SF retail building with rear parking
- Retail structure can be divided into 3 units
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
$83,360
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
5.98%
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%
$1,667,200
$1.7M
Cap Rate 7%
$1,190,857
$1.2M
Cap Rate 9%
$926,222
$926.2K
Market Conditions
NOI Build-Up for 3,592 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
$132.8K $36.96/SF
− Vacancy
−$13.7K −$3.81/SF
EGI
$119.1K $33.15/SF
− OpEx
−$35.7K −$9.95/SF
NOI
$83.4K $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%
$1,667,200
Cap Rate 7%
$1,190,857
Cap Rate 9%
$926,222
Alternative Uses
Best Use
Multifamily LT 5
$72.77M
$63.68M – $84.90M
NOI $5,094,023 @ 7.0% cap · market cap 365.16%
Second Best
Apartment 5plus
$63.50M
$55.57M – $74.09M
NOI $4,445,294 @ 7.0% cap · market cap 318.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-lot property combines a vacant storefront building with an occupied four-unit apartment structure.
Where is this mixed-use property located?
The property is located at 1425 W Jefferson Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two structures totaling 3,592 SF on a 5,058 SF corner lot; Vacant 1,872 SF retail building with rear parking; Retail structure can be divided into 3 units
