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    Warehouse/Office/Showroom Condo in Los Angeles Title is generated by Realmo AI

    732 East 10th Street #105, Los Angeles, CA 90021

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    Two-story showroom/warehouse condo unit in excellent condition.

    Type:Retail
    Property size:
    1,440 SF
    Added:
    Nov 21, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 6 at 12:11 am

    Property Features for 732 East 10th Street #105

    General Information

    Standard status
    Active
    Size
    1,440 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2010

    We can help!

    Listing Contact
    Shiva Monify

    Listing agent Shiva Monify License #CalDRE #01728143

    Listing office

    Listing date Nov 21, 2025

    Source Svn

    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 Shiva Monify

    HighLights

    • Prime location in the Los Angeles Fashion District.
    • LAM2 zoning allows for multiple uses.
    • Built in 2010 and in excellent condition.
    • Two‑story showroom/warehouse condo unit with 1,440 SF of building space.
    • Opportunity to own instead of rent with only 10% down payment (bank owned).
    • Great visibility and foot traffic.

    Overview

    This two-story showroom/warehouse condo unit offers 1,440 square feet of space. Constructed in 2010, the building is in very good condition. The unit features retail/showroom space on the first floor, with office, warehouse, storage, and a bathroom in the rear. Additional warehouse area is available on the top floor. The property is located in the Los Angeles Fashion District, a destination for wholesale buyers, retail shoppers, designers, and stylists. The parcel is zoned LAM2, which allows for multiple uses including retail, warehouse, and showroom. Paid parking is available in the adjacent San Pedro Wholesale Mart. The location offers great visibility and foot traffic. This property presents an opportunity for ownership with a variety of potential uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Joia Shoes Clothing & Fashion Store Trinity tribe Clothing Store VINE & LOVE Factory O Fashion Clothing & Fashion Store Pepper (Show Room) Clothing & Fashion Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Noah Jackson Carpet Store — 1361 Newton St Ste 27, Los Angeles, CA 90021
    • Superior Home Design — 1416 Channing St, Los Angeles, CA 90021
    • CY Flooring — 1228 Compton Ave, Los Angeles, CA 90021
    • One Touch Flooring — 2300 San Pedro St #1502, Los Angeles, CA 90011
    • Discount Hardwood Floors & Moldings — 1416 Channing St, Los Angeles, CA 90021

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.251
    Latitude
    34.0351

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    FAQs

    What type of property is this?
    Showroom - Two-story showroom/warehouse condo unit in excellent condition.
    Where is this showroom located?
    The property is located at 732 East 10th Street #105 Los Angeles, CA.
    What are key features of this property?
    This property features: Prime location in the Los Angeles Fashion District.; LAM2 zoning allows for multiple uses.; Built in 2010 and in excellent condition.
    (310) 476-7653
    We can help!
    Listing Contact
    Shiva Monify
    Real Estate License ID: CalDRE #01728143
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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