DTLA Arts District Bow
2152 Sacramento St, Los Angeles, CA 90021
For Sale
Contact for pricing
17,700 SF facility in the DTLA Arts District.
Property Size17,700 SF
Lot Size0.32 Acres
Price / SF$299.44
Days on Market293
Property Features for 2152 Sacramento St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Lease Type
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Major Properties
Listed By:
Bradley Luster · License CA #00913803
(213) 276-2483
Source:
Crexi
Added: Jan 26
Changed: Nov 12
Last Checked: Nov 14 at 4:11AM
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 Major Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 17,700 SF facility is comprised of two bow truss buildings on a 13,850 SF parcel located in the heart of the DTLA Arts District, east of the LA River and north of the I-10 Freeway. Building 1 offers 11,236 SF across two stories with flexible open layouts, 8' clear height on the ground floor and 11' on the second floor, 100A/120V/1-phase power, 4 offices totaling 1,812 SF, and full sprinkler coverage. Building 2 spans 6,466 SF with a soaring 22' clear height and 400A/120V/3-phase power, and is also sprinklered. Originally built in 1910, the property retains its architectural character while providing surface parking for 8 vehicles. Zoned LA M3, the site offers flexibility for industrial, creative, or adaptive reuse. Currently home to three legacy businesses—Broadway Knitting Mills, Albion Knitting Mills, and Broadway Cheerleading Sales—each with over a century of continuous operation.
Key Highlights
- 17,700 SF facility in the heart of the DTLA Arts District
- Flexible M3 zoning allows for industrial, creative, or adaptive reuse
- Two bow truss buildings with architectural character
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$219,880
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,397,600
$4.4M
Cap Rate 7%
$3,141,143
$3.1M
Cap Rate 9%
$2,443,111
$2.4M
Market Conditions
NOI Build-Up for 17,700 SF
Gross rent
$335.6K $18.96/SF
− Vacancy
−$21.5K −$1.21/SF
EGI
$314.1K $17.75/SF
− OpEx
−$94.2K −$5.32/SF
NOI
$219.9K $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%
$4,397,600
Cap Rate 7%
$3,141,143
Cap Rate 9%
$2,443,111
Alternative Uses
Best Use
Industrial
$3.14M
$2.75M – $3.66M
NOI $219,880 @ 7.0% cap · market cap 4.15%
Second Best
Flex RnD
$2.92M
$2.55M – $3.40M
NOI $204,174 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$7.39M
$6.47M – $8.62M
NOI $517,298 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,441
Businesses Nearby
Well-served
Demand for This Use
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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
$1,075,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Los Angeles, CA
Properties on Market for Flex space in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Flex space - 17,700 SF facility in the DTLA Arts District.
Where is this flex space located?
The property is located at 2152 Sacramento St Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 17,700 SF facility in the heart of the DTLA Arts District; Flexible M3 zoning allows for industrial, creative, or adaptive reuse; Two bow truss buildings with architectural character
