Built-Out Flex
For Sale
Contact for pricing
1655 Compton Ave, Los Angeles, CA 90021
Air-conditioned facility with a recording studio build-out, executive washroom, and shower.
Property Size2,480 SF
Price / SF$280.24
Days on Market181
Property Features for 1655 Compton Ave
General Information
Standard status
Active
Size
2,480 SF
Total Parking Spaces
3
Property subtype
Industrial
Zoning
M2-2
Occupancy
100%
Investment Type
Owner/User
Amenities
Executive Washroom w/Shower
Building Details
Year Built
1964
Tenancy
Single
Listing Agency:
Dornin Realty Company
Listed By:
Mark Whitman · License #CA 00918875
(213) 627-0007
Source:
Crexi
Added: Apr 17
Changed: Oct 5
Last Checked: Oct 12 at 6:15PM
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 Dornin Realty Company
Investment Insights
Based on property information with market context.
This flex space at 1655 Compton Ave in Los Angeles contains a completed recording studio build-out within a 2,480-square-foot facility. The property is fully air conditioned and includes an executive washroom with a shower. Built in 1964, the building is zoned M2-2.
The property is positioned near Los Angeles’ Arts District and Fashion District, with proximity to a freeway hub. Its existing studio configuration and completed interior improvements provide a defined commercial setup for continued recording-related use.
The property is positioned near Los Angeles’ Arts District and Fashion District, with proximity to a freeway hub. Its existing studio configuration and completed interior improvements provide a defined commercial setup for continued recording-related use.
Key Highlights
- 2,480‑square‑foot flex space
- Completed recording studio build‑out
- Fully air conditioned facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,808
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,160
$616.2K
Cap Rate 7%
$440,114
$440.1K
Cap Rate 9%
$342,311
$342.3K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$47.0K $18.96/SF
− Vacancy
−$3.0K −$1.21/SF
EGI
$44.0K $17.75/SF
− OpEx
−$13.2K −$5.32/SF
NOI
$30.8K $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%
$616,160
Cap Rate 7%
$440,114
Cap Rate 9%
$342,311
Alternative Uses
Best Use
Industrial
$440.1K
$385.1K – $513.5K
NOI $30,808 @ 7.0% cap · market cap 4.43%
Second Best
Flex RnD
$408.7K
$357.6K – $476.8K
NOI $28,607 @ 7.0% cap · market cap 4.12%
Theoretical Best
Multifamily LT 5
$50.24M
$43.96M – $58.62M
NOI $3,517,032 @ 7.0% cap · market cap 506.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,201
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Flex space - Air-conditioned facility with a recording studio build-out, executive washroom, and shower.
Where is this flex space located?
The property is located at 1655 Compton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 2,480‑square‑foot flex space; Completed recording studio build‑out; Fully air conditioned facility
