East LA Commercial
For Sale
$2,500,000
3613 E 1st St & 121 N Townsend Ave, Los Angeles, CA 90063
Two-building commercial portfolio with parking in East Los Angeles.
Property Size9,352 SF
Days on Market323
Property Features for 3613 E 1st St & 121 N Townsend Ave
General Information
Standard status
Active
Size
9,352 SF
Property subtype
Industrial
Building Details
Building Size
9,352 SF
Listing Agency:
Lee & Associates
Listed By:
Tony Naples · License #CalDRE #01811344
(818) 395-4373
Source:
Lee-associates
Added: Nov 24, 2025
Changed: Oct 2
Last Checked: Oct 12 at 6:28PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This East Los Angeles commercial portfolio features two buildings suitable for retail and storage purposes. The property benefits from high visibility, prime signage opportunities, and a location with heavy traffic. One of the buildings includes dock-high loading capabilities. A private parking lot located off Townsend Avenue provides approximately 10 parking spaces. The property has frontage on East 1st Street and includes a bonus mezzanine level with approximately 1,100 square feet. The total property size is 9,352 square feet. The property will be delivered vacant within 60 days, with a month-to-month tenant currently in place.
Key Highlights
- Prime E. 1st St Frontage
- High‑Visibility, Heavy Traffic Location
- Adjoined Bldgs- Retail & Storage with Dock‑High Loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$217,034
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,340,680
$4.3M
Cap Rate 7%
$3,100,486
$3.1M
Cap Rate 9%
$2,411,489
$2.4M
Market Conditions
NOI Build-Up for 9,352 SF
Gross rent
$345.6K $36.96/SF
− Vacancy
−$35.6K −$3.81/SF
EGI
$310.0K $33.15/SF
− OpEx
−$93.0K −$9.95/SF
NOI
$217.0K $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%
$4,340,680
Cap Rate 7%
$3,100,486
Cap Rate 9%
$2,411,489
Alternative Uses
Best Use
Retail
$3.10M
$2.71M – $3.62M
NOI $217,034 @ 7.0% cap · market cap 8.68%
Second Best
Warehouse
$2.02M
$1.76M – $2.35M
NOI $141,071 @ 7.0% cap · market cap 5.64%
Theoretical Best
Multifamily LT 5
$189.47M
$165.78M – $221.04M
NOI $13,262,613 @ 7.0% cap · market cap 530.50%
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
458
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90063, CA
50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Storefront property - Two-building commercial portfolio with parking in East Los Angeles.
Where is this storefront property located?
The property is located at 3613 E 1st St & 121 N Townsend Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime E. 1st St Frontage; High‑Visibility, Heavy Traffic Location; Adjoined Bldgs- Retail & Storage with Dock‑High Loading
