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    Mixed-Use Property with Gated Retail Title is generated by Realmo AI

    4620 3rd, Los Angeles, CA 90022

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    For Sale
    $995,000

    A well-maintained mixed-use building offering gated ground-floor retail/office space and a remodeled upstairs apartment.

    Type:Mixed Use
    Property size:
    2,340 SF
    Price / SF:
    $425/SF
    Added:
    May 26, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 15 at 3:16 am

    Property Features for 4620 3rd

    General Information

    Standard status
    Active
    Size
    2,340 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1963

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    Listing Contact
    Khanh Tran

    Listing agent Khanh Tran License #01921901

    Listing office Keller Williams Realty

    Listing date May 26, 2026

    Source Xome

    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 Keller Williams Realty

    HighLights

    • Mixed‑use property at 4620 E 3rd Street with gated ground‑floor retail/office plus a remodeled upstairs apartment
    • Ground‑floor space includes kitchenette and approx. 1,300 SF, with 7 parking spaces and a dedicated parking lot
    • Upstairs apartment features 3 bedrooms and 1 bath with approx. 1,000 SF, plus a large patio area for outdoor dining
    • Apartment includes laundry hookups, A/C wall unit, and ceiling fans
    • Detached 2‑car garage and 3 guest facilities
    • Public transport nearby: 2 blocks from the Metro Station Gold Line, with easy access to I‑60, SR‑710, and I‑10 freeways

    Overview

    The property at 4620 E 3rd Street is a well-maintained mixed-use building with a gated retail/office space on the ground floor. The ground-level suite includes a kitchenette and approximately 1,300 square feet, supported by a dedicated parking lot with 7 parking spaces. The second floor features a remodeled apartment with 3 bedrooms and 1 bathroom, approximately 1,000 square feet, along with a large patio area suited to outdoor dining.

    Upstairs amenities include laundry hookups, an A/C wall unit, and ceiling fans. Additional on-site parking is provided via a detached 2-car garage. The building is located in East Los Angeles, just east of DTLA, and is positioned near Commerce, Cal State LA, and the USC Health Science Campus. Access is facilitated by nearby 60, 710, and 10 freeways, and the Metro Gold Line station is described as approximately two blocks away.

    This configuration can support a variety of buyer plans, including an owner-user who wants their business on the ground floor while living upstairs, or an investor seeking a mixed-use asset with both retail/office space and an apartment. The dedicated parking arrangement and gated access add convenience for day-to-day operations and tenant use.

    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 $96.3k $41.16
    − Vacancy −$16.3k −$6.96
    EGI $80.0k $34.20
    − OpEx −$20.0k −$8.55
    NOI $60.0k $25.65
    2,340 SF · lease $41.16/SF/yr · vacancy 16.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $857.5K
    $750.4K – $1.00M (±1% cap)
    NOI $60,028 @ 7.0% cap · market cap 6.03%
    Second Best
    Retail
    $845.0K
    $739.4K – $985.8K (±1% cap)
    NOI $59,148 @ 7.0% cap · market cap 5.94%
    Theoretical Best
    Office A
    $953.4K
    $834.2K – $1.11M (±1% cap)
    NOI $66,738 @ 7.0% cap · market cap 6.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    El Lay Sports (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.1661664
    Latitude
    34.0330843

    FAQs

    What type of property is this?
    Mixed-use property - A well-maintained mixed-use building offering gated ground-floor retail/office space and a remodeled upstairs apartment.
    Where is this mixed-use property located?
    The property is located at 4620 3rd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Mixed‑use property at 4620 E 3rd Street with gated ground‑floor retail/office plus a remodeled upstairs apartment; Ground‑floor space includes kitchenette and approx. 1,300 SF, with 7 parking spaces and a dedicated parking lot; Upstairs apartment features 3 bedrooms and 1 bath with approx. 1,000 SF, plus a large patio area for outdoor dining
    More about this property
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