School
New
For Sale
$1,725,000
2101 Echo Park Ave, Los Angeles, CA 90026
Presented for educational or live-work use in Los Angeles.
Property Size3,108 SF
Days on Market6
Property Features for 2101 Echo Park Ave
General Information
Standard status
Active
Size
3,108 SF
Property subtype
Retail
Building Details
Building Size
3,108 SF
Listing Agency:
CBC NRT
(626) 394-2527
Listed By:
Robert Ip
(626) 394-2527
Source:
Cbcworldwide
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 6 at 3:26AM
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 CBC NRT
Investment Insights
Based on property information with market context.
This Los Angeles property is identified for school use and may also support a live-work configuration. The available property details provide the address 2101 Echo Park Ave, Los Angeles, CA 90026, with no additional physical specifications provided.
Key Highlights
- Identified for school use
- Live‑work use is also noted
- Located at 2101 Echo Park Ave, Los Angeles, CA 90026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,772
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,475,440
$1.5M
Cap Rate 7%
$1,053,886
$1.1M
Cap Rate 9%
$819,689
$819.7K
Market Conditions
NOI Build-Up for 3,108 SF
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.
Gross rent
$120.8K $38.88/SF
− Vacancy
−$22.5K −$7.23/SF
EGI
$98.4K $31.65/SF
− OpEx
−$24.6K −$7.91/SF
NOI
$73.8K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,475,440
Cap Rate 7%
$1,053,886
Cap Rate 9%
$819,689
Alternative Uses
Best Use
Office B
$1.05M
$922.2K – $1.23M
NOI $73,772 @ 7.0% cap · market cap 4.28%
Second Best
Mixed Use
$899.1K
$786.7K – $1.05M
NOI $62,937 @ 7.0% cap · market cap 3.65%
Theoretical Best
Multifamily LT 5
$62.97M
$55.10M – $73.46M
NOI $4,407,635 @ 7.0% cap · market cap 255.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Presented for educational or live-work use in Los Angeles.
Where is this school located?
The property is located at 2101 Echo Park Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Identified for school use; Live‑work use is also noted; Located at 2101 Echo Park Ave, Los Angeles, CA 90026
