Building Details

Building Size 12,500 SF

Listing Agency: Lee & Associates - Los Angeles - Downtown

Listed By: Sehyung Kim · License #CalDRE #01327276 Show Phone

Source: Lee-associates

Added: Nov 26, 2025 Changed: Sep 14 Last Checked: Oct 12 at 6:31PM

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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 Lee & Associates - Los Angeles - Downtown

Investment Insights

Based on property information with market context.

Located in the heart of the Fashion District, this brick building features a bow truss roof. The property is situated in an Opportunity Zone and State Enterprise Zone. The mixed-use zoning allows for live/work arrangements by right. It can be used as a multi-tenant or single-tenant building. The title indicates a building size of 5,575 square feet on a 12,500 square foot lot. Buyers are advised to verify all information, including the building and land square footage, permitted office size, dates of construction, clear height, power, sprinkler calculation, zoning, permitting and permitted uses, ADA compliance, parking, building and roof condition, HVAC, access, encroachments, floor load, and taxes. Buyers should obtain a business license and confirm zoning and use prior to waiving contingencies. The seller will verify all tax implications of the sale with their accountant or attorney.

Key Highlights

• Centrally located in the heart of the Fashion District
• Mixed Use Zoning – Live/ Work Permissible by Right
• Opportunity Zone + State Enterprise Zone

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$155,282

Cap Rate

5.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,105,640 $3.1M

Cap Rate 7%

$2,218,314 $2.2M

Cap Rate 9%

$1,725,356 $1.7M

Market Conditions

NOI Build-Up for 12,500 SF

Gross rent

$237.0K $18.96/SF

− Vacancy

−$15.2K −$1.21/SF

EGI

$221.8K $17.75/SF

− OpEx

−$66.5K −$5.32/SF

NOI

$155.3K $12.42/SF

Area

Los Angeles, CA

Vacancy

6.40%

Lease Rate

$18.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,105,640

Cap Rate 7%

$2,218,314

Cap Rate 9%

$1,725,356

Alternative Uses

Best Use

Industrial

$2.22M

$1.94M – $2.59M (±1% cap)

NOI $155,282 @ 7.0% cap · market cap 5.26%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$253.24M

$221.59M – $295.45M (±1% cap)

NOI $17,726,975 @ 7.0% cap · market cap 600.91%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

ABC Brands Inc Clothing & Fashion Store Season Designer / Cathaya Clothing Store

Suggested Use

Top Pick Pet Grooming Service Tanning Salon Adult Day Care Daycare Center Veterinary Clinic Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14,946

Businesses Nearby

Explore this area Business Placement

Demographics for 90015, CA

27,324

Population

14,635

Households

1.9

Avg Household Size

34

Median Age

48%

College-Educated

79%

High-School Grad

1.7 sq mi

ZIP Area

16,073

Density / Sq Mi

$63,211

Median Household Income

$47,819

Median Earnings

$2,385

Median Rent

$1,000,800

Median Home Value

Market

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019

2.4% 2020

0.9% 2021

1.2% 2022

3% 2023

4.6% 2024

4.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial building in the Fashion District, live/work permissible.

Where is this industrial property located?

The property is located at 522 E 12st St Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: Centrally located in the heart of the Fashion District; Mixed Use Zoning – Live/ Work Permissible by Right; Opportunity Zone + State Enterprise Zone