Lincoln Heights Corner Lot
2800 North Main Street, Los Angeles, CA 90031
High-visibility corner lot ideal for mixed-use or commercial development.
Type:Commercial Sale / Mixed Use
Property size:
3,974 SFPrice / SF:
$352/SF- Added:
- Jun 1, 2025
- Days on Market:
- 365
- Last Refresh:
- Mar 13 at 4:19 pm
Property Features for 2800 North Main Street
General Information
- Standard status
- Active
- Size
- 3,974 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1929
Listing agent YUE LEI License #01883075 (626) 289-6660
Listing office COLDWELL BANKER GEORGE REALTY (626) 289-6660
Listing date Jun 1, 2025
Source Compass
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 COLDWELL BANKER GEORGE REALTY
HighLights
- Prime investment and development opportunity in Lincoln Heights.
- High‑visibility corner lot on N. Main Street with excellent traffic exposure.
- Ideal for a 4‑story mixed‑use or commercial project (buyer to verify with the city).
- Opportunity to acquire adjacent property at 2806 N. Main St (must be sold together).
- Located in a rapidly growing area.
- Year Built: 1929
Overview
This property presents a prime investment and development opportunity situated in the heart of Lincoln Heights. It is a high-visibility corner lot located on N. Main Street, offering excellent traffic exposure. The property is suitable for developers looking to construct a 4-story mixed-use or commercial project; however, buyers should verify this potential with the city. The adjacent property at 2806 N. Main St is also available, and both properties must be sold together. The property size is 3,974 square feet. This represents a significant opportunity for investors and developers in a rapidly growing area.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.1k | $36.00 |
| − Vacancy | −$14.3k | −$3.60 |
| EGI | $128.8k | $32.40 |
| − OpEx | −$48.3k | −$12.15 |
| NOI | $80.5k | $20.25 |
3,974 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.15M
$1.01M – $1.34M
NOI $80,474 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$80.51M
$70.45M – $93.93M
NOI $5,635,760 @ 7.0% cap · market cap 402.55%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Company Wide Shut ...
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.21271
- Latitude
- 34.06587
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - High-visibility corner lot ideal for mixed-use or commercial development.
Where is this commercial land located?
The property is located at 2800 North Main Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime investment and development opportunity in Lincoln Heights.; High‑visibility corner lot on N. Main Street with excellent traffic exposure.; Ideal for a 4‑story mixed‑use or commercial project (buyer to verify with the city).
