Retail and Industrial
612 E 12th St, Los Angeles, CA 90015
For Sale
$2,560,000
7,500 SqFt retail and industrial space available for sale.
Property Size7,500 SF
Price / SF$341.33
Days on Market230
Property Features for 612 E 12th St
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Andrew C. Lee
Listed By:
Moussa Mehdizadeh · License CA #01315713
(213) 625-1629
Source:
Myfabuloushome
Added: Mar 27
Changed: Oct 25
Last Checked: Oct 7 at 4:16PM
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 Andrew C. Lee
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,500 square foot property is suitable for retail and industrial use.
Key Highlights
- Retail Property
- 7,500 SqFt
- Built in 1922
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,054
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,481,080
$3.5M
Cap Rate 7%
$2,486,486
$2.5M
Cap Rate 9%
$1,933,933
$1.9M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$277.2K $36.96/SF
− Vacancy
−$28.6K −$3.81/SF
EGI
$248.6K $33.15/SF
− OpEx
−$74.6K −$9.95/SF
NOI
$174.1K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,481,080
Cap Rate 7%
$2,486,486
Cap Rate 9%
$1,933,933
Alternative Uses
Best Use
Retail
$2.49M
$2.18M – $2.90M
NOI $174,054 @ 7.0% cap · market cap 6.80%
Second Best
Industrial
$1.33M
$1.16M – $1.55M
NOI $93,169 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $219,194 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Location Intelligence
Trade Area within ½ mile
11,336
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
$1,000,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail properties & Spaces in Los Angeles, CA
Properties on Market for Retail properties & Spaces in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail property - 7,500 SqFt retail and industrial space available for sale.
Where is this retail property located?
The property is located at 612 E 12th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,560,000.
What are key features of this property?
This property features: Retail Property; 7,500 SqFt; Built in 1922
