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Automotive Property
For Sale
$1,100,000

4493 Telegraph, Los Angeles, CA 90023

The property has a documented history of automotive mechanic-shop use.

Property Size3,396 SF
Days on Market8

Property Features for 4493 Telegraph

General Information

Standard status Active
Size 3,396 SF
Property subtype Industrial

Additional Details

Road Access Yes

Building Details

Building Size 3,396 SF
Year Built 1924
Listing Agency: Century 21 Allstars
Listed By: Gabriela Salazar · License #CA01727875
Source: Elliman
Added: Sep 30 Changed: Oct 2 Last Checked: Oct 5 at 6:33PM

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 Century 21 Allstars

Investment Insights

Based on property information with market context.

Built in 1924, this Telegraph Road property previously served as an automotive mechanic shop. It is being offered with 1235 Eastern Ave, allowing the two properties to be acquired together.

The address has a walkScore of 78, a bikeScore of 53, and a transitScore of 55.

Key Highlights

  • Offered as a combined sale with 1235 Eastern Ave
  • Previously used as an automotive mechanic shop
  • Built in 1924

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,812
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,576,240 $1.6M
Cap Rate 7%
$1,125,886 $1.1M
Cap Rate 9%
$875,689 $875.7K
Market Conditions
NOI Build-Up for 3,396 SF
Gross rent
$125.5K $36.96/SF
− Vacancy
−$12.9K −$3.81/SF
EGI
$112.6K $33.15/SF
− OpEx
−$33.8K −$9.95/SF
NOI
$78.8K $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%
$1,576,240
Cap Rate 7%
$1,125,886
Cap Rate 9%
$875,689

Alternative Uses

Best Use
Retail
$1.13M
$985.2K – $1.31M (±1% cap)
NOI $78,812 @ 7.0% cap · market cap 7.16%
Second Best
Industrial
$602.7K
$527.3K – $703.1K (±1% cap)
NOI $42,187 @ 7.0% cap · market cap 3.84%
Theoretical Best
Multifamily LT 5
$68.80M
$60.20M – $80.27M (±1% cap)
NOI $4,816,064 @ 7.0% cap · market cap 437.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Daycare Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,411
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Similar Off Market Nearby

  • Power Truck Services — 4302 E Pacific Way, Los Angeles, CA 90023
  • Universal Truck Repair — 4250 E Pacific Way, Los Angeles, CA 90023
  • International Lube and Repair — 4246 E Washington Blvd, Commerce, CA 90023
  • Dpf Cleaning — 4300 E Washington Blvd, Commerce, CA 90023
  • Five Star Diesel — 4301 E Pacific Way, Commerce, CA 90023

Frequently Asked Questions

What type of property is this?
Auto shop - The property has a documented history of automotive mechanic-shop use.
Where is this auto shop located?
The property is located at 4493 Telegraph Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Offered as a combined sale with 1235 Eastern Ave; Previously used as an automotive mechanic shop; Built in 1924
More about this property
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