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Warehouse with Multiple Structures and Skylights
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1654-1658 Tarleton St, Los Angeles, CA 90021

Warehouse facility with three structures, skylights for natural light, and on-site parking plus free street parking.

Property Size10,000 SF
Lot Size0.24 Acres
Price / SF$155
Days on Market101

Property Features for 1654-1658 Tarleton St

General Information

Standard status Active
Size 10,000 SF
Total Parking Spaces 5
Lot size 0.24 Acres
Property subtype Industrial
Zoning LA M2-2
Investment Type Owner/User

Site & Location

Neighborhood Downtown
Highway Access Yes

Building Details

Year Built 1926
Buildings 3
Listing Agency: Major Properties
Listed By: Sion Khakshour · License #CA 00697373
Source: Crexi
Added: Jul 22 Changed: Oct 29 Last Checked: Oct 28 at 5:28AM

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 Major Properties

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Investment Insights

Based on property information with market context.

Warehouse facility consisting of three structures built in 1926. The space is supported by many skylights that provide abundant natural light. Parking is available on-site, along with free street parking where there are no meters.

The property is just south of the I-10 Freeway and north of Washington Blvd, about five blocks west of Alameda Street. It is adjacent to the DTLA Arts District and Fashion District.

Designed for manufacturing and warehouse use, this facility offers an industrial configuration across multiple structures with strong daylighting for day-to-day operations.

Key Highlights

  • Three structures built in 1926
  • On‑site parking plus free street parking (no meters)
  • Many skylights for abundant natural light

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$124,226
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,484,520 $2.5M
Cap Rate 7%
$1,774,657 $1.8M
Cap Rate 9%
$1,380,289 $1.4M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$189.6K $18.96/SF
− Vacancy
−$12.1K −$1.21/SF
EGI
$177.5K $17.75/SF
− OpEx
−$53.2K −$5.32/SF
NOI
$124.2K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,484,520
Cap Rate 7%
$1,774,657
Cap Rate 9%
$1,380,289

Alternative Uses

Best Use
Warehouse
$2.15M
$1.89M – $2.51M (±1% cap)
NOI $150,846 @ 7.0% cap · market cap 9.73%
Second Best
Industrial
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $124,226 @ 7.0% cap · market cap 8.01%
Theoretical Best
Multifamily LT 5
$202.59M
$177.27M – $236.36M (±1% cap)
NOI $14,181,580 @ 7.0% cap · market cap 914.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,201
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025

Similar Off Market Nearby

  • Crozier Fine Arts — 2031 E 27th St, Vernon, CA 90058
  • Alday's Cold Storage Inc. — E 24th St, Los Angeles, CA 90058
  • Teson Forever — 1995 e 20th st, los angeles, ca 90058
  • Trinity Logistics — 1996 Long Beach Ave, Los Angeles, CA 90058
  • Crozier Fine Arts - Art Storage and Logistics — 2010 E 15th St, Los Angeles, CA 90021

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse facility with three structures, skylights for natural light, and on-site parking plus free street parking.
Where is this warehouse located?
The property is located at 1654-1658 Tarleton St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Three structures built in 1926; On‑site parking plus free street parking (no meters); Many skylights for abundant natural light
(213) 210-7492 Call to check price and availability
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