Two-Story Live-Work Loft
360 W Avenue 26 Unit 100 Los Angeles, CA 90031
360 W Avenue 26 Unit 100, Los Angeles, CA, 90031
$599,000
For Sale
$599,000
Two-story storefront live-work space with dedicated street-level commercial frontage and a lofted residence above.
Property Size1,280 SF
Price / SF$467.97
Days on Market27
Property Features for 360 W Avenue 26 Unit 100
General Information
- Standard status
- Active
- Size
- 1,280 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2006
Listing Agency
Nourmand & Associates-HW
(323) 462-6262
Listed by
Gina Isaac · License #01437713
Source
Xome
Added: Jun 22 Checked: Jul 18 at 2:05 am
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 Nourmand & Associates-HW
Investment Insights
Based on property information with market context.
Located in the Puerta del Sol community, this two-story live-work storefront loft offers street-level commercial space with a loft-style residence above. The ground level features Saltillo tile flooring, granite countertops, stainless steel appliances, a half bath, and a walk-in storage closet beneath the staircase, with direct walk-up access. The upper level presents an open-concept loft with dramatic 19-foot ceilings, abundant natural light, plantation shutters, warm wood flooring, a full bathroom, and a generous walk-in closet.
The property is positioned directly adjacent to the Metro A Line and provides immediate freeway access. The mixed-use community includes 167 residential condominium units above the commercial storefronts.
A key feature is the layout’s separate access, with three entrances including two ground-level entrances and a private second-floor entrance accessible by elevator. HOA dues are $774.44 per month and include access to community amenities such as ample guest parking, a clubhouse with kitchen facilities, and a fitness center.
The property is positioned directly adjacent to the Metro A Line and provides immediate freeway access. The mixed-use community includes 167 residential condominium units above the commercial storefronts.
A key feature is the layout’s separate access, with three entrances including two ground-level entrances and a private second-floor entrance accessible by elevator. HOA dues are $774.44 per month and include access to community amenities such as ample guest parking, a clubhouse with kitchen facilities, and a fitness center.
Key Highlights
- Two‑story storefront live/work layout with dedicated street‑level commercial space and a lofted residence above (built 2006)
- Ground‑level storefront includes Saltillo tile flooring, granite countertops, stainless steel appliances, a half bath, and walk‑in storage closet under the staircase
- Upper‑level loft features open‑concept living with 19‑foot ceilings, abundant natural light, plantation shutters, warm wood flooring, a full bathroom, and a walk‑in closet
Local Financial Insights For Office B
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 | $49.8k | $38.88 |
| − Vacancy | −$9.3k | −$7.23 |
| EGI | $40.5k | $31.65 |
| − OpEx | −$10.1k | −$7.91 |
| NOI | $30.4k | $23.74 |
1,280 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$434.0K
$379.8K – $506.4K
NOI $30,382 @ 7.0% cap · market cap 5.07%
Second Best
Retail
$424.4K
$371.3K – $495.1K
NOI $29,705 @ 7.0% cap · market cap 4.96%
Theoretical Best
Multifamily LT 5
$25.93M
$22.69M – $30.25M
NOI $1,815,242 @ 7.0% cap · market cap 303.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Amcal Gen Con
Construction Company
Ko & Martin Certified ...
Translation Service
Tigresa Beauty
Hair Salon
Prestige Tax Group
Accounting Firm
ERI HOUSE
Hostel
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FAQs
What type of property is this?
Live-work space - Two-story storefront live-work space with dedicated street-level commercial frontage and a lofted residence above.
Where is this live-work space located?
The property is located at 360 W Avenue 26 Unit 100 Los Angeles, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑story storefront live/work layout with dedicated street‑level commercial space and a lofted residence above (built 2006); Ground‑level storefront includes Saltillo tile flooring, granite countertops, stainless steel appliances, a half bath, and walk‑in storage closet under the staircase; Upper‑level loft features open‑concept living with 19‑foot ceilings, abundant natural light, plantation shutters, warm wood flooring, a full bathroom, and a walk‑in closet
