Mixed-Use Property with Commercial
For Sale
$899,000
3337 Division Street, Los Angeles, CA 90065
The building combines commercial and residential areas in a flexible mixed-use layout.
Property Size2,083 SF
Lot Size0.05 Acres
Price / SF$431.80
Days on Market108
Property Features for 3337 Division Street
General Information
Standard status
Active
Size
2,083 SF
Lot size
0.05 Acres
Property subtype
Mixed Use
Building Details
Building Size
2,083 SF
Year Built
1923
Listing Agency:
Steven A. Williams
Listed By:
Steven Williams · License #01460826
Source:
Hopewayrealtygroup
Added: Jul 3
Changed: Oct 5
Last Checked: Oct 16 at 3:07PM
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 Steven A. Williams
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Investment Insights
Based on property information with market context.
Located at 3337 Division Street in Los Angeles, this mixed-use property contains approximately 2,082 square feet of commercial and residential space on a 2,168-square-foot lot. Public records identify the asset as a combination of commercial, office, and residential uses.
The layout accommodates both portions within one property, offering a configuration for combined occupancy or separate use of the commercial and residential areas. C1-1VL zoning is reported, and the building dates to 1923.
The layout accommodates both portions within one property, offering a configuration for combined occupancy or separate use of the commercial and residential areas. C1-1VL zoning is reported, and the building dates to 1923.
Key Highlights
- Approximately 2,082 SF of commercial and residential space
- 2,168 SF lot
- Commercial, office, and residential mixed‑use classification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,419
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,380
$988.4K
Cap Rate 7%
$705,986
$706.0K
Cap Rate 9%
$549,100
$549.1K
Market Conditions
NOI Build-Up for 2,082 SF
Gross rent
$80.9K $38.88/SF
− Vacancy
−$15.1K −$7.23/SF
EGI
$65.9K $31.65/SF
− OpEx
−$16.5K −$7.91/SF
NOI
$49.4K $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%
$988,380
Cap Rate 7%
$705,986
Cap Rate 9%
$549,100
Alternative Uses
Best Use
Office B
$706.0K
$617.7K – $823.7K
NOI $49,419 @ 7.0% cap · market cap 5.50%
Second Best
Retail
$690.2K
$604.0K – $805.3K
NOI $48,317 @ 7.0% cap · market cap 5.37%
Theoretical Best
Multifamily LT 5
$42.18M
$36.91M – $49.21M
NOI $2,952,605 @ 7.0% cap · market cap 328.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
528
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines commercial and residential areas in a flexible mixed-use layout.
Where is this mixed-use property located?
The property is located at 3337 Division Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 2,082 SF of commercial and residential space; 2,168 SF lot; Commercial, office, and residential mixed‑use classification
