Jefferson Blvd Retail
For Sale
$4,000,000
3115 Jefferson Blvd, Los Angeles, CA 90018
Retail space available on Jefferson Blvd in Los Angeles.
Property Size8,070 SF
Price / SF$495.66
Days on Market184
Property Features for 3115 Jefferson Blvd
General Information
Standard status
Active
Size
8,070 SF
Class
C
Property subtype
Retail
Building Details
Building Size
8,070 SF
Year Built
1948
Buildings
1
Listing Agency:
Kidder Mathews
Listed By:
Jay Martinez · License #01367663
(424) 653-1841
Source:
Kidder
Added: Apr 20
Changed: Aug 8
Last Checked: Jul 7 at 11:53PM
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 Kidder Mathews
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Investment Insights
Based on property information with market context.
This commercial property offers 8,070 square feet of retail space. Located on Jefferson Boulevard in Los Angeles, California, the property presents a retail opportunity in the 90018 zip code.
Key Highlights
- Retail space available.
- Located on Jefferson Blvd.
- Situated in Los Angeles.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$187,282
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,745,640
$3.7M
Cap Rate 7%
$2,675,457
$2.7M
Cap Rate 9%
$2,080,911
$2.1M
Market Conditions
NOI Build-Up for 8,070 SF
Gross rent
$298.3K $36.96/SF
− Vacancy
−$30.7K −$3.81/SF
EGI
$267.5K $33.15/SF
− OpEx
−$80.3K −$9.95/SF
NOI
$187.3K $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%
$3,745,640
Cap Rate 7%
$2,675,457
Cap Rate 9%
$2,080,911
Alternative Uses
Best Use
Retail
$2.68M
$2.34M – $3.12M
NOI $187,282 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$163.49M
$143.06M – $190.74M
NOI $11,444,535 @ 7.0% cap · market cap 286.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,308
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
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available on Jefferson Blvd in Los Angeles.
Where is this retail space located?
The property is located at 3115 Jefferson Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Retail space available.; Located on Jefferson Blvd.; Situated in Los Angeles.
