Mixed-Use Property with Warehouse
2378 W Washington Boulevard, Los Angeles, CA 90018
For Sale
$3,995,900
Commercial Sale, Los Angeles, CA
Property Size15,000 SF
Lot Size0.46 Acres
Price / SF$266.39
Days on Market139
Property Features for 2378 W Washington Boulevard
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
conference room
Building Details
Year built
Listing Agency:
NextHome Pacific Estates · Keller Williams Realty
(714) 584-2700
Listed By:
Manlio Ceja-Gomez · License CA #02023306
(562) 305-7952
Added: Jun 29
Changed: Nov 2
Last Checked: Nov 14 at 10:06PM
MLS# CV26141616
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use commercial property spans three contiguous parcels with four property addresses. Approximately 15,000+ square feet of improvements include warehouse, industrial, and commercial areas. The second floor contains three office spaces, a conference room, and a restroom. The parcels total close to 20,000 square feet; measurements are subject to buyer verification.
The property fronts Washington Boulevard in Los Angeles, between Downtown and the Westside. The I-10, USC, and the Expo Line are among the nearby destinations identified for the site. It is also within a designated Opportunity Zone.
The property fronts Washington Boulevard in Los Angeles, between Downtown and the Westside. The I-10, USC, and the Expo Line are among the nearby destinations identified for the site. It is also within a designated Opportunity Zone.
Key Highlights
- Three contiguous parcels with four property addresses
- Approximately 15,000+ square feet of improvements on close to 20,000 square feet of land
- Warehouse, industrial, and commercial improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$303,750
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,075,000
$6.1M
Cap Rate 7%
$4,339,286
$4.3M
Cap Rate 9%
$3,375,000
$3.4M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$540.0K $36.00/SF
− Vacancy
−$54.0K −$3.60/SF
EGI
$486.0K $32.40/SF
− OpEx
−$182.3K −$12.15/SF
NOI
$303.8K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,075,000
Cap Rate 7%
$4,339,286
Cap Rate 9%
$3,375,000
Alternative Uses
Best Use
Mixed Use
$4.34M
$3.80M – $5.06M
NOI $303,750 @ 7.0% cap · market cap 7.60%
Second Best
Warehouse
$3.23M
$2.83M – $3.77M
NOI $226,269 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$6.26M
$5.48M – $7.31M
NOI $438,388 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Office units
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,882
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A multi-parcel commercial site combines warehouse, industrial, and office areas along Washington Boulevard.
Where is this mixed-use property located?
The property is located at 2378 W Washington Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,995,900.
What are key features of this property?
This property features: Three contiguous parcels with four property addresses; Approximately 15,000+ square feet of improvements on close to 20,000 square feet of land; Warehouse, industrial, and commercial improvements
