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Zoned M3-1 Industrial Redevelopment

1901 Alameda Street Los Angeles, CA 90058

1901 Alameda Street, Los Angeles, CA, 90058
$7,999,000
For Sale
$7,999,000

Freestanding 1948 industrial building on 17,245 SF lot, zoned M3-1.

Property Size52,094 SF
Lot Size0.40 Acres
Price / SF$153.55
Days on Market231

Property Features for 1901 Alameda Street

General Information

Standard status
Active
Size
52,094 SF
Lot size
0.40 Acres
Property subtype
General Commercial

Building Details

Year Built
1927
Listing agency eXp Realty of California Inc
Listed by Bill Gross · License #01022275
Source Xome
Added: Dec 3, 2025 Updated: Jul 21 at 3:36PM Checked: Jul 21 at 3:36PM

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 eXp Realty of California Inc


Investment Insights

Based on property information with market context.

This for-sale industrial property includes an existing building totaling 15,375 square feet on a 17,245 square foot lot. Built in 1948, the structure reflects classic industrial design elements and provides a base for adaptive reuse or redevelopment. The update indicates the offering is now for 100% of the property.

Located at 1901 Alameda Street in Los Angeles, the site is described as being near major highways and downtown Los Angeles, with access to surrounding industrial and commercial hubs.

The property is zoned M3-1, which supports industrial and commercial uses and provides development flexibility for future improvements consistent with the site’s current industrial character.

Key Highlights

  • Freestanding industrial building built in 1948
  • 15,375 SF building on a 17,245 SF lot
  • Zoning listed as LAM2 (per Exterior Features)

Local Financial Insights For Industrial

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 $987.7k $18.96
− Vacancy −$63.2k −$1.21
EGI $924.5k $17.75
− OpEx −$277.3k −$5.32
NOI $647.1k $12.42
52,094 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$11.23M
$9.82M – $13.10M (±1% cap)
NOI $785,816 @ 7.0% cap · market cap 9.82%
Second Best
Industrial
$9.24M
$8.09M – $10.79M (±1% cap)
NOI $647,143 @ 7.0% cap · market cap 8.09%
Theoretical Best
Multifamily LT 5
$1,055.39M
$923.47M – $1,231.29M (±1% cap)
NOI $73,877,521 @ 7.0% cap · market cap 923.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Jacory'$ Fashion Security ... Security Service Mario's Trucking Corp Trucking Company South Pasadena,California,Stany Zjednoczone High School RockItCoin Bitcoin ATM Atm X-Spot Alameda (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Dental Office Law Firm Spa & Massage Center Gym & Fitness Center Hair Salon Skin Care Clinic Accounting Firm Nail Salon Veterinary Clinic

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

FAQs

What type of property is this?
Manufacturing property - Freestanding 1948 industrial building on 17,245 SF lot, zoned M3-1.
Where is this manufacturing property located?
The property is located at 1901 Alameda Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,999,000.
What are key features of this property?
This property features: Freestanding industrial building built in 1948; 15,375 SF building on a 17,245 SF lot; Zoning listed as LAM2 (per Exterior Features)
Contact an agent
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