Downtown Los Angeles Creative
For Sale
$995,000
607 E 4th St, Los Angeles, CA 90013
Turn-key creative space in Downtown Los Angeles for sale.
Property Size2,690 SF
Price / SF$369.89
Days on Market153
Property Features for 607 E 4th St
General Information
Standard status
Active
Size
2,690 SF
Property subtype
Industrial
Building Details
Building Size
2,690 SF
Year Built
1910
Listing Agency:
Lee & Associates - Los Angeles - Downtown
Listed By:
Evan Jurgensen · License #CalDRE #01967347
(626) 786-7430
Source:
Lee-associates
Added: May 14
Changed: Oct 1
Last Checked: Oct 12 at 6:30PM
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.
The property at 607 E 4th Street, Los Angeles, offers approximately 2,690 square feet of creative space suitable for production, showroom, or office use. This freestanding brick building features an open layout and full HVAC. A rare remote-accessed garaged parking space is included, equipped with a Tesla charger and providing direct interior access.
Key Highlights
- Turn‑key creative space ideal for production, showroom, or office use.
- Rare remote‑accessed garaged parking space with Tesla charger and direct interior access.
- Freestanding brick building in Downtown Los Angeles.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,850
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,277,000
$1.3M
Cap Rate 7%
$912,143
$912.1K
Cap Rate 9%
$709,444
$709.4K
Market Conditions
NOI Build-Up for 2,690 SF
Gross rent
$104.6K $38.88/SF
− Vacancy
−$19.5K −$7.23/SF
EGI
$85.1K $31.65/SF
− OpEx
−$21.3K −$7.91/SF
NOI
$63.9K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,277,000
Cap Rate 7%
$912,143
Cap Rate 9%
$709,444
Alternative Uses
Best Use
Office B
$912.1K
$798.1K – $1.06M
NOI $63,850 @ 7.0% cap · market cap 6.42%
Second Best
Retail
$891.8K
$780.3K – $1.04M
NOI $62,427 @ 7.0% cap · market cap 6.27%
Theoretical Best
Multifamily LT 5
$54.50M
$47.69M – $63.58M
NOI $3,814,845 @ 7.0% cap · market cap 383.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
11,598
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Creative space - Turn-key creative space in Downtown Los Angeles for sale.
Where is this creative space located?
The property is located at 607 E 4th St 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: Turn‑key creative space ideal for production, showroom, or office use.; Rare remote‑accessed garaged parking space with Tesla charger and direct interior access.; Freestanding brick building in Downtown Los Angeles.
