4493 Telegraph, Los Angeles, CA 90023

Building Details

Building Size 3,396 SF More

Year Built 1924 More

Listing Agency: Century 21 Allstars Show Phone

Listed By: Gabriela Salazar · License #01727875 Show Phone

Source: Middlemanteam

Added: Sep 29 Changed: Nov 6 Last Checked: Nov 7 at 12:31AM

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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

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 3,396-square-foot commercial building was constructed in 1924 and has a history of use as an automotive mechanic shop. The property is being sold together with 1235 Eastern Avenue, allowing acquisition of both properties in the same general commercial area.

The building is located along Telegraph Road in East Los Angeles, with access to major freeways and surrounding communities.

Key Highlights

• 3,396‑square‑foot property built in 1924
• History of use as an automotive mechanic shop
• Sale includes 1235 Eastern Avenue

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

Is this asking price fair?

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

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

Explore this area Business Placement

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

Market

Average Price Trend$/SF for Auto shops in Los Angeles, CA

$652 Jul

$894 Aug

$761 Sep

$773 Oct

Properties on Market for Auto shops in Los Angeles

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Auto shop - The building has a history of use as an automotive mechanic shop and is offered with a second property on Eastern Avenue.

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: 3,396‑square‑foot property built in 1924; History of use as an automotive mechanic shop; Sale includes 1235 Eastern Avenue