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    Two-Story Industrial Warehouse with Office Title is generated by Realmo AI

    749 E 15th, Los Angeles, CA 90021

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    Claim this Listing
    For Sale
    $6,250,000

    Commercial Sale - Los Angeles, CA

    Property size:
    20,000 SF
    Price / SF:
    $312/SF
    Added:
    Mar 24, 2026
    Days on Market:
    86
    Last Refresh:
    Jun 17 at 1:06 am

    Property Features for 749 E 15th

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    LAM2
    Interior features
    Elevators
    Accessibility
    Accessible Elevator Installed
    Standard status
    Active
    APN
    5132027028
    Size
    20,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Architectural style
    Other

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    Listing Contact
    Jenice Park

    Listing agent Jenice Park License #01318591

    Listing office Coldwell Banker Best Realty 4130 W. Commonwealth Ave., Fullerton, CA

    Listing date Mar 24, 2026

    MLS# PW26064005 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the heart of the Downtown Los Angeles Fashion District.
    • Approximately 20,000 square feet of industrial warehouse space.
    • Excellent access to Interstate 10 and Interstate 110.
    • Two ground‑level loading doors and a freight elevator.
    • Suitable for a variety of industrial uses (buyer to verify).
    • Includes approximately 1,000 square feet of air‑conditioned office space.

    Overview

    This two-story industrial warehouse offers approximately 20,000 square feet of building area designed for a mix of storage and operations. The facility includes about 14-foot clear ceiling height, two ground-level loading doors, and a freight elevator that provides vertical access between floors. An approximately 1,000-square-foot office component is provided with air-conditioning for day-to-day administrative use.

    The property is located at 749 E 15th in Los Angeles’ Fashion District area, near LA Face Mart. It also references proximity to public and private parking options, with access to major regional routes via Interstate 10 and Interstate 110.

    With its combination of warehouse clear height, ground-level loading, and freight elevator service, the building can be a practical fit for owner-users and industrial tenants considering uses such as warehousing, light manufacturing, garment-related operations, showroom, storage, and distribution, subject to buyer verification of permitted uses under LAM2 zoning. The presence of air-conditioned office space supports on-site management and customer-facing or administrative functions.

    Local Financial Insights For Office B

    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 $777.6k $38.88
    − Vacancy −$144.6k −$7.23
    EGI $633.0k $31.65
    − OpEx −$158.2k −$7.91
    NOI $474.7k $23.74
    20,000 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $6.78M
    $5.93M – $7.91M (±1% cap)
    NOI $474,725 @ 7.0% cap · market cap 7.60%
    Second Best
    Warehouse
    $4.31M
    $3.77M – $5.03M (±1% cap)
    NOI $301,692 @ 7.0% cap · market cap 4.83%
    Theoretical Best
    Multifamily LT 5
    $405.19M
    $354.54M – $472.72M (±1% cap)
    NOI $28,363,159 @ 7.0% cap · market cap 453.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Similar Places Nearby

    • Alday's Cold Storage Inc. — E 24th St, Los Angeles, CA 90058
    • Teson Forever — 1995 e 20th st, los angeles, ca 90058
    • Pilot Water Tower Warehouse — 2820 S Soto St, Los Angeles, CA 90023
    • Crozier Fine Arts — 2031 E 27th St, Vernon, CA 90058
    • 99¢ Only Store Distribution Center — 3050 E Washington Blvd, Los Angeles, CA 90023

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.253777
    Latitude
    34.029991

    FAQs

    What type of property is this?
    Warehouse - Two-story warehouse with 14-foot clear height, loading doors, freight elevator, and air-conditioned office space.
    Where is this warehouse located?
    The property is located at 749 E 15th Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: Prime location in the heart of the Downtown Los Angeles Fashion District.; Approximately 20,000 square feet of industrial warehouse space.; Excellent access to Interstate 10 and Interstate 110.
    More about this property
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