Retail Storefront with Rear
2011 JEFFERSON BLVD Los Angeles, CA 90018
2011 JEFFERSON BLVD, Los Angeles, CA, 90018
$1,000,000
For Sale
$1,000,000
Two retail storefronts are offered, including one vacant unit, plus a detached two-bedroom home at the rear.
Property Size1,850 SF
Price / SF$540.54
Days on Market3005
Property Features for 2011 JEFFERSON BLVD
General Information
- Standard status
- Active
- Size
- 1,850 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1924
Listing agency
(818) 827-2636
Listed by
Pacific Inter Capital Investment Soluti
Source
Xome
Added: Apr 30, 2018 Updated: Jul 21 at 6:38AM Checked: Jul 21 at 6:38AM
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 Pacific Inter Capital Investment Soluti
Investment Insights
Based on property information with market context.
This commercial property includes two retail storefronts, with one currently vacant and ready for a new tenant or buyer’s use. In addition, there is a detached two-bedroom, one-bath home located at the rear of the property. Vehicle access is available for up to four cars.
The property is located on Jefferson Blvd near the Exposition Metro line, with the upcoming Crenshaw line and proximity to Culver City and Downtown Los Angeles referenced in the remarks. Separate meters for electric and gas are noted.
The layout provides distinct components for retail use at the front and residential space at the rear, with dedicated utility metering.
The property is located on Jefferson Blvd near the Exposition Metro line, with the upcoming Crenshaw line and proximity to Culver City and Downtown Los Angeles referenced in the remarks. Separate meters for electric and gas are noted.
The layout provides distinct components for retail use at the front and residential space at the rear, with dedicated utility metering.
Key Highlights
- Two retail storefronts, with 1 storefront currently vacant
- Detached 2‑bedroom, 1‑bath home at the rear with vehicle access
- Rear vehicle access with parking space for up to 4 cars
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 | $68.4k | $36.96 |
| − Vacancy | −$7.0k | −$3.81 |
| EGI | $61.3k | $33.15 |
| − OpEx | −$18.4k | −$9.95 |
| NOI | $42.9k | $23.21 |
1,850 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$613.3K
$536.7K – $715.6K
NOI $42,933 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$37.48M
$32.79M – $43.73M
NOI $2,623,592 @ 7.0% cap · market cap 262.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Two retail storefronts are offered, including one vacant unit, plus a detached two-bedroom home at the rear.
Where is this storefront property located?
The property is located at 2011 JEFFERSON BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Two retail storefronts, with 1 storefront currently vacant; Detached 2‑bedroom, 1‑bath home at the rear with vehicle access; Rear vehicle access with parking space for up to 4 cars
