Office Units with Exposed
For Sale
Contact for pricing
2301 E 7th St, Los Angeles, CA 90023
Built-out office space combines private perimeter rooms, collaborative areas, and on-site parking near major freeway access.
Property Size257,737 SF
Days on Market138
Property Features for 2301 E 7th St
General Information
Standard status
Active
Size
257,737 SF
Class
B
Total Parking Spaces
9
Property subtype
Office
Lease Term
NN
Additional Details
Highway Access
Yes
Building Details
Building Size
257,737 SF
Year Built
1924
Properties For Sale
at 2301 E 7th St
Unit D113 (Sublease)
Size
3,500 SF
Type
Creative/Loft
Term
Negotiable
Listing Agency:
Lee & Associates - Pasadena
Listed By:
Gregory Kho · License #CalDRE #02033257
(213) 400-0654
Source:
Lee-associates
Added: Jun 2
Changed: Oct 15
Last Checked: Oct 16 at 6:55AM
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 Lee & Associates - Pasadena
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Investment Insights
Based on property information with market context.
Built in 1924, the property offers a built-out office configuration with four perimeter offices, floor-to-ceiling windows, exposed ceilings, and concrete flooring. Interior amenities include a conference room and a kitchen designed for creative workplace use. The space is described as move-in ready and includes nine free parking spaces.
The office units are adjacent to the Arts District and provide immediate access to the 5 freeway. The combination of private offices, meeting space, and shared workplace amenities supports a flexible office environment within an established commercial setting.
The office units are adjacent to the Arts District and provide immediate access to the 5 freeway. The combination of private offices, meeting space, and shared workplace amenities supports a flexible office environment within an established commercial setting.
Key Highlights
- Four perimeter offices with floor‑to‑ceiling windows
- Exposed ceilings and concrete floors
- Conference room and creative kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,871
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,997,420
$3.0M
Cap Rate 7%
$2,141,014
$2.1M
Cap Rate 9%
$1,665,233
$1.7M
Market Conditions
NOI Build-Up for 6,314 SF
Gross rent
$245.5K $38.88/SF
− Vacancy
−$45.7K −$7.23/SF
EGI
$199.8K $31.65/SF
− OpEx
−$50.0K −$7.91/SF
NOI
$149.9K $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 Rate 5%
$2,997,420
Cap Rate 7%
$2,141,014
Cap Rate 9%
$1,665,233
Alternative Uses
Best Use
Office B
$2.14M
$1.87M – $2.50M
NOI $149,871 @ 7.0% cap · market cap 7,493,550.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$127.92M
$111.93M – $149.24M
NOI $8,954,249 @ 7.0% cap · market cap 447,712,450.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,994
Businesses Nearby
Explore this area
Business Placement
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Built-out office space combines private perimeter rooms, collaborative areas, and on-site parking near major freeway access.
Where is this office units located?
The property is located at 2301 E 7th St Los Angeles, CA.
What are key features of this property?
This property features: Four perimeter offices with floor‑to‑ceiling windows; Exposed ceilings and concrete floors; Conference room and creative kitchen
