Brick Flex Space with Heavy
For Sale
Contact for pricing
643 Gibbons Street, Los Angeles, CA 90031
Red brick construction and heavy power define this distinctive commercial flex property.
Property Size4,020 SF
Price / SF$398.01
Days on Market56
Property Features for 643 Gibbons Street
General Information
Standard status
Active
Size
4,020 SF
Property subtype
Industrial
Site & Location
Neighborhood
Lincoln Heights
Highway Access
Yes
Additional Details
Heavy Power
Yes
Building Details
Construction
Red Brick
Listing Agency:
Voit Real Estate Services
Listed By:
John Bethel · License #02248357
(949) 423-4042
Source:
Crexi
Added: Aug 30
Changed: Oct 8
Last Checked: Oct 23 at 3:57AM
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 Voit Real Estate Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 643 Gibbons St, this 4,020-square-foot flex space features a red brick design and heavy power. The property is identified within the LA River District and sits near the Brewery Arts Complex.
Access is available to the 5, 10, 101, and 110 freeways, connecting the property with multiple regional routes. Its industrial-style construction and power capacity are central physical characteristics of the offering.
Access is available to the 5, 10, 101, and 110 freeways, connecting the property with multiple regional routes. Its industrial-style construction and power capacity are central physical characteristics of the offering.
Key Highlights
- 4,020‑square‑foot flex space at 643 Gibbons St
- Red brick design with heavy power
- Located in the LA River District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,640
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,212,800
$1.2M
Cap Rate 7%
$866,286
$866.3K
Cap Rate 9%
$673,778
$673.8K
Market Conditions
NOI Build-Up for 4,020 SF
Gross rent
$76.2K $18.96/SF
− Vacancy
−$4.9K −$1.21/SF
EGI
$71.3K $17.75/SF
− OpEx
−$10.7K −$2.66/SF
NOI
$60.6K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,212,800
Cap Rate 7%
$866,286
Cap Rate 9%
$673,778
Alternative Uses
Best Use
Warehouse
$866.3K
$758.0K – $1.01M
NOI $60,640 @ 7.0% cap · market cap 3.79%
Second Best
Industrial
$713.4K
$624.2K – $832.3K
NOI $49,939 @ 7.0% cap · market cap 3.12%
Theoretical Best
Multifamily LT 5
$81.44M
$71.26M – $95.02M
NOI $5,700,995 @ 7.0% cap · market cap 356.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,641
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Similar Off Market Nearby
- Bolovan — 2425 Sichel St, Lincoln Heights, CA 90031
Frequently Asked Questions
What type of property is this?
Flex space - Red brick construction and heavy power define this distinctive commercial flex property.
Where is this flex space located?
The property is located at 643 Gibbons Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 4,020‑square‑foot flex space at 643 Gibbons St; Red brick design with heavy power; Located in the LA River District
