Retail
For Sale
Contact for pricing
2415 W Avenue 30, Los Angeles, CA 90065
Retail property in Los Angeles with LAR3 zoning and a 1959 construction date.
Property Size1,280 SF
Price / SF$484.38
Days on Market162
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Property Features for 2415 W Avenue 30
General Information
Standard status
Active
Size
1,280 SF
Total Parking Spaces
7
Property subtype
Retail, Special Purpose
Zoning
LAR3
Occupancy
100%
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1959
Year Renovated
2017
Tenancy
Single
Listing Agency:
WESTMAC
Listed By:
Christian Holland · License #CA 00942434
Source:
Crexi
Added: May 7
Changed: Oct 12
Last Checked: Oct 14 at 11:56PM
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 WESTMAC
Investment Insights
Based on property information with market context.
This retail property at 2415 W. Avenue 30 in Los Angeles, California, offers 1,280 square feet of commercial space. Constructed in 1959, the property carries LAR3 zoning and is identified as retail space suitable for commercial occupancy.
Key Highlights
- 1,280‑square‑foot retail property
- LAR3 zoning
- Built in 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,705
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,100
$594.1K
Cap Rate 7%
$424,357
$424.4K
Cap Rate 9%
$330,056
$330.1K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$47.3K $36.96/SF
− Vacancy
−$4.9K −$3.81/SF
EGI
$42.4K $33.15/SF
− OpEx
−$12.7K −$9.95/SF
NOI
$29.7K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,100
Cap Rate 7%
$424,357
Cap Rate 9%
$330,056
Alternative Uses
Best Use
Retail
$424.4K
$371.3K – $495.1K
NOI $29,705 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$25.93M
$22.69M – $30.25M
NOI $1,815,242 @ 7.0% cap · market cap 292.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
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 Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - Retail property in Los Angeles with LAR3 zoning and a 1959 construction date.
Where is this retail space located?
The property is located at 2415 W Avenue 30 Los Angeles, CA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 1,280‑square‑foot retail property; LAR3 zoning; Built in 1959
