Mid-City Creative Commercial
4739 W Washington Blvd, Los Angeles, CA 90015
Unique mixed-use property in Mid-City Los Angeles.
Property size:
4,099 SFLot size:
0.16 AcresPrice / SF:
$439/SF- Added:
- May 13, 2026
- Days on Market:
- 17
- Last Refresh:
- May 21 at 4:21 am
Property Features for 4739 W Washington Blvd
General Information
- Standard status
- Active
- Size
- 4,099 SF
- Lot size
- 0.16 Acres
Listing agent Ricardo Curtis License #01464851 (310) 674-3863
Listing office Jacob, Christopher & Lee Rlty (310) 674-3863
Listing date May 13, 2026
Source Exprealty
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 Jacob, Christopher & Lee Rlty
HighLights
- Rare Mid‑City Los Angeles commercial property with a unique mix of creative office, workshop, warehouse, studio, and flex‑use spaces.
- Immediate upside potential with two (possibly three) vacant units, ideal for owner‑users, creative businesses, or investors.
- Seismically retrofitted building, providing added value and peace of mind.
- Vintage architectural details including exposed brick walls, soaring ceilings, and skylights.
- Versatile spaces suitable for woodworking, design studio, fabrication, artist space, production, showroom, or mixed creative commercial uses.
- Prime Mid‑City location with convenient access to Downtown Los Angeles, Culver City, Koreatown, West Adams, and major transportation corridors.
Overview
This commercial property, constructed in 1928, presents a rare investment opportunity in Mid-City Los Angeles, situated directly across from the Nate Holden Performing Arts Center. The building offers approximately 4,099 square feet of building area on a 7,010 square foot lot. It comprises four units with a mix of creative office, workshop, warehouse, studio, and flex-use spaces, showcasing vintage architectural details such as exposed brick walls, soaring ceilings, and skylights. Additional features include mezzanine/storage areas, roll-up door access, private offices, workshop areas, and a large detached rear storage garage. The building has been retrofitted for seismic activity. Two units are currently vacant, with the potential to deliver a third unit vacant, offering immediate upside potential for owner-users, creative businesses, or investors seeking value-add opportunities. It is an excellent setup for woodworking, design studios, fabrication, artist spaces, production, showrooms, or mixed creative commercial uses. The property is in a prime Mid-City location with convenient access to Downtown Los Angeles, Culver City, Koreatown, West Adams, and major transportation corridors. This property offers a tremendous opportunity to reposition, lease-up, or customize in one of Los Angeles' evolving creative corridors.
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 | $159.4k | $38.88 |
| − Vacancy | −$29.6k | −$7.23 |
| EGI | $129.7k | $31.65 |
| − OpEx | −$32.4k | −$7.91 |
| NOI | $97.3k | $23.74 |
4,099 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.62M
NOI $97,295 @ 7.0% cap · market cap 5.41%
Second Best
Retail
$1.36M
$1.19M – $1.59M
NOI $95,126 @ 7.0% cap · market cap 5.28%
Theoretical Best
Multifamily LT 5
$83.04M
$72.66M – $96.88M
NOI $5,813,030 @ 7.0% cap · market cap 322.95%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
ADE Custom Woodworks
General Contractor
Victor Upholstery
Furniture & Home Goods
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3428
- Latitude
- 34.03999
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Unique mixed-use property in Mid-City Los Angeles.
Where is this mixed-use property located?
The property is located at 4739 W Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Rare Mid‑City Los Angeles commercial property with a unique mix of creative office, workshop, warehouse, studio, and flex‑use spaces.; **Immediate upside potential with two (possibly three) vacant units, ideal for owner‑users, creative businesses, or investors.**; Seismically retrofitted building, providing added value and peace of mind.
