Corner Retail and Office
4527 S Main Street Los Angeles, CA 90037
For Sale
$1,899,500
Corner commercial building includes one office and two retail spaces, each with a bathroom.
Property Size5,387 SF
Lot Size0.18 Acres
Price / SF$352.61
Days on Market183
Property Features for 4527 S Main Street
General Information
- Standard status
- Active
- Size
- 5,387 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1923
Listing Agency:
Scotton Group & Associates, Inc.
(213) 880-4090
Listed By:
Gale Ann Netherly · License #01343438
(213) 880-4090
Source:
Exitrealty
Added: Jan 21
Changed: Jul 23
Last Checked: Jul 23 at 7:08AM
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 Scotton Group & Associates, Inc.
Investment Insights
Based on property information with market context.
This combination corner property features one office and two retail store spaces, with each unit having its own bathroom. Parking is available for tenants, along with street parking for customers, and the rear of the commercial building includes a secured, fenced parking lot.
The site also includes residential components: a two-story apartment building with 2 bedrooms/1 bath, and an adjacent duplex with 1 bedroom/1 bathroom units. Apartments are currently tenant-occupied.
The building has extensive exterior damage requiring repair work. The property is located near Metro K Line and Metrolink access, providing travel options for residents and customers.
The site also includes residential components: a two-story apartment building with 2 bedrooms/1 bath, and an adjacent duplex with 1 bedroom/1 bathroom units. Apartments are currently tenant-occupied.
The building has extensive exterior damage requiring repair work. The property is located near Metro K Line and Metrolink access, providing travel options for residents and customers.
Key Highlights
- Corner commercial building (est. 5,387 SF) on a 7,805 SF lot with 1 office and 2 retail store spaces
- Each retail store space includes its own bathroom; commercial has 1 office plus bathroom‑equipped retail
- Tenant/visitor parking includes a fenced parking lot for tenants plus street parking for customers
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 | $221.7k | $41.16 |
| − Vacancy | −$45.7k | −$8.48 |
| EGI | $176.1k | $32.68 |
| − OpEx | −$44.0k | −$8.17 |
| NOI | $132.0k | $24.51 |
5,387 SF · lease $41.16/SF/yr · vacancy 20.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.89M
$1.65M – $2.20M
NOI $132,040 @ 7.0% cap · market cap 6.95%
Second Best
Retail
$1.88M
$1.64M – $2.19M
NOI $131,575 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,758 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Urban Giantz Enterprise ...
Clothing Store
FAQs
What type of property is this?
Office units - Corner commercial building includes one office and two retail spaces, each with a bathroom.
Where is this office units located?
The property is located at 4527 S Main Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,899,500.
What are key features of this property?
This property features: Corner commercial building (est. 5,387 SF) on a 7,805 SF lot with 1 office and 2 retail store spaces; Each retail store space includes its own bathroom; commercial has 1 office plus bathroom‑equipped retail; Tenant/visitor parking includes a fenced parking lot for tenants plus street parking for customers
