Mixed-Use Loft with Rooftop
For Sale
Contact for pricing
500 Molino Street, Los Angeles, CA 90013
Loft layout includes an updated kitchen, central HVAC, in-unit laundry, and designated parking.
Property Size1,150 SF
Price / SF$520.87
Days on Market64
Property Features for 500 Molino Street
General Information
Standard status
Active
Size
1,150 SF
Total Parking Spaces
1
Property subtype
Mixed Use
Amenities
rooftop sun deck
community gym
central HVAC
in-unit laundry
Building Details
Year Built
1923
Listing Agency:
Coldwell Banker Commercial NRT Pasadena
Listed By:
Tracy Do · License #01350025
(323) 842-4001
Source:
Crexi
Added: Aug 14
Changed: Oct 5
Last Checked: Oct 14 at 8:23PM
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 Coldwell Banker Commercial NRT Pasadena
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Investment Insights
Based on property information with market context.
This 1,150-square-foot loft is located in the Molino Lofts building, constructed in 1923. The interior features exposed brick, wood beams, high ceilings, custom metal shelving, extensive cabinet storage, and a defined sleeping area. An updated kitchen includes a center island, pantry storage, and stainless appliances, while the bathroom offers a soaking tub and tile finishes.
The property includes central HVAC, in-unit laundry, and one designated parking space. Building amenities include a rooftop sun deck and community gym. The address is 500 Molino Street, Los Angeles, CA 90013, in Downtown LA’s Arts District, with Bavel, Girl and the Goat, Zinc Cafe, Soho Warehouse, Hauser and Wirth, and other coffee, dining, and recreation options nearby.
The property includes central HVAC, in-unit laundry, and one designated parking space. Building amenities include a rooftop sun deck and community gym. The address is 500 Molino Street, Los Angeles, CA 90013, in Downtown LA’s Arts District, with Bavel, Girl and the Goat, Zinc Cafe, Soho Warehouse, Hauser and Wirth, and other coffee, dining, and recreation options nearby.
Key Highlights
- 1,150‑square‑foot loft at Molino Lofts
- 500 Molino Street, Los Angeles, CA 90013
- Exposed brick, wood beams, high ceilings, and custom metal shelving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,288
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,760
$465.8K
Cap Rate 7%
$332,686
$332.7K
Cap Rate 9%
$258,756
$258.8K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$41.4K $36.00/SF
− Vacancy
−$4.1K −$3.60/SF
EGI
$37.3K $32.40/SF
− OpEx
−$14.0K −$12.15/SF
NOI
$23.3K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,760
Cap Rate 7%
$332,686
Cap Rate 9%
$258,756
Alternative Uses
Best Use
Mixed Use
$332.7K
$291.1K – $388.1K
NOI $23,288 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.30M
$20.39M – $27.18M
NOI $1,630,882 @ 7.0% cap · market cap 272.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,568
Businesses Nearby
Explore this area
Business Placement
Demographics for 90013, CA
15,589
Population
10,143
Households
1.5
Avg Household Size
43
Median Age
39%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
22,270
Density / Sq Mi
$32,848
Median Household Income
$54,250
Median Earnings
$1,161
Median Rent
$786,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - Loft layout includes an updated kitchen, central HVAC, in-unit laundry, and designated parking.
Where is this mixed-use property located?
The property is located at 500 Molino Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,150‑square‑foot loft at Molino Lofts; 500 Molino Street, Los Angeles, CA 90013; Exposed brick, wood beams, high ceilings, and custom metal shelving
