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    Two-Building Retail Portfolio for Sale Title is generated by Realmo AI

    1850-1858 E 1st St, Los Angeles, CA 90033

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    Two retail buildings on two lots, offered together for a combined site size of 14,001 SF.

    Type:RETAIL
    Property size:
    9,500 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $399/SF
    Added:
    Jun 16, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 20 at 2:20 am

    Property Features for 1850-1858 E 1st St

    General Information

    Standard status
    Active
    Size
    9,500 SF
    Lot size
    0.32 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Derrick Moore
    Derrick Moore

    Listing agent Derrick Moore License #01029938

    Listing office CBRE - Downtown Los Angeles

    Listing date Jun 16, 2026

    Source Moodyscre

    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 CBRE - Downtown Los Angeles

    HighLights

    • Two retail buildings for sale on two lots, offered together.
    • Combined size: 14,001 SF across the two buildings.

    Overview

    This offering presents two retail buildings for sale on two separate lots, combined as a single purchase opportunity. The property totals 14,001 SF of retail space and is presented as a combined portfolio rather than individual standalone assets.

    The buildings are located at 1850-1858 E 1st St in Los Angeles, CA 90033. The site is set up across two lots, which can be helpful for ownership and operational planning when operating multiple retail components under one ownership structure.

    For prospective buyers and tenant/buyer groups seeking retail-oriented real estate, this configuration provides flexibility to consider how the combined space may fit within an operator’s portfolio. The property is positioned specifically as retail, making it a straightforward match for users looking for a retail-focused asset and for investors evaluating a two-building setup under one ownership. Interested parties should review the details of each building and lot as part of their due diligence to confirm how the combined layout aligns with their leasing, operation, or ownership objectives.

    Local Financial Insights For Retail

    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 $351.1k $36.96
    − Vacancy −$36.2k −$3.81
    EGI $315.0k $33.15
    − OpEx −$94.5k −$9.95
    NOI $220.5k $23.21
    9,500 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.15M
    $2.76M – $3.67M (±1% cap)
    NOI $220,468 @ 7.0% cap · market cap 5.81%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $192.46M
    $168.41M – $224.54M (±1% cap)
    NOI $13,472,501 @ 7.0% cap · market cap 355.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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    • Ninfa's Flowers — 2405 Whittier Blvd, Los Angeles, CA 90023
    • The Velvet Garden — 622 S Anderson St #104, Los Angeles, CA 90023
    • Flowers By Number, LLC — 622 S Anderson St, Los Angeles, CA 90023

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2181716
    Latitude
    34.0466412

    FAQs

    What type of property is this?
    Storefront property - Two retail buildings on two lots, offered together for a combined site size of 14,001 SF.
    Where is this storefront property located?
    The property is located at 1850-1858 E 1st St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,795,000.
    What are key features of this property?
    This property features: Two retail buildings for sale on two lots, offered together.; Combined size: 14,001 SF across the two buildings.
    (626) 676-7003 Call to check price and availability
    More about this property
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