Leased Storefront
For Sale
$2,560,000
612 E 12th Street, Los Angeles, CA 90015
Established tenant occupies this 1922-built commercial property in Los Angeles.
Property Size7,500 SF
Price / SF$341.33
Days on Market199
Property Features for 612 E 12th Street
General Information
Standard status
Active
Size
7,500 SF
Property subtype
COMMERCIAL
Building Details
Building Size
7,500 SF
Year Built
1922
Buildings
1
Listing Agency:
Andrew C. Lee
Listed By:
Moussa Mehdizadeh · License #01315713
Source:
Truthrealty
Added: Jan 16
Changed: Aug 3
Last Checked: Aug 3 at 6:35AM
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
Investment Insights
Based on property information with market context.
This storefront property at 612 E. 12th Street in Los Angeles comprises an approximately 7,500-square-foot commercial building constructed in 1922. The asset is currently leased to an established tenant, providing an existing occupancy structure for ownership. Its storefront format and urban Los Angeles setting support continued commercial use without relying on a vacant delivery condition.
The property is located at 612 E. 12th Street, Los Angeles, CA 90015. Available property information identifies the building as a retail-oriented storefront asset with an in-place tenant and established operating history. The existing lease status offers a buyer an occupied commercial property rather than an unleased space requiring initial tenant placement.
The property is located at 612 E. 12th Street, Los Angeles, CA 90015. Available property information identifies the building as a retail-oriented storefront asset with an in-place tenant and established operating history. The existing lease status offers a buyer an occupied commercial property rather than an unleased space requiring initial tenant placement.
Key Highlights
- Approximately 7,500‑square‑foot commercial building
- Currently leased to an established tenant
- Storefront property in Los Angeles
Financial Insights For Retail
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 | $277.2k | $36.96 |
| − Vacancy | −$28.6k | −$3.81 |
| EGI | $248.6k | $33.15 |
| − OpEx | −$74.6k | −$9.95 |
| NOI | $174.1k | $23.21 |
7,500 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.49M
$2.18M – $2.90M
NOI $174,054 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$151.95M
$132.95M – $177.27M
NOI $10,636,185 @ 7.0% cap · market cap 415.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,464
Businesses Nearby
Well-served
Demand for This Use
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 Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mar flower shop — 2006 Maple Ave, Los Angeles, CA 90011
- Scarlet Design — 418 E 12th St, Los Angeles, CA 90015
- JTA Inc — 1933 S Broadway, Los Angeles, CA 90007
- Twin Oaks Flowers — 1200 Wall St, Los Angeles, CA 90015
- Yangban Same Day Flower Delivery Los Angeles — 1515 Maple Ave, Los Angeles, CA 90015, United States
Frequently Asked Questions
What type of property is this?
Storefront property - Established tenant occupies this 1922-built commercial property in Los Angeles.
Where is this storefront property located?
The property is located at 612 E 12th Street 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: Approximately 7,500‑square‑foot commercial building; Currently leased to an established tenant; Storefront property in Los Angeles
