Two-Story Industrial
For Sale
$6,250,000
749 E 15th, Los Angeles, CA 90021
Commercial Sale, Los Angeles, CA
Property Size20,000 SF
Price / SF$312.50
Days on Market224
Property Features for 749 E 15th
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LAM2
Directions
10 Freeway and San Pedro St
Subdivision
C42 - Downtown L.A.
Standard status
Active
APN
5132027028
Additional Details
Property Use
Warehouse
Utilities
Cooling system
Central Air
Building Details
Year built
1984
Buildings
1
Listing Agency:
Coldwell Banker Best Realty · Coldwell Banker Real Estate
Listed By:
Jenice Park · License #01318591
(714) 451-1700
Added: Mar 24
Changed: Nov 2
Last Checked: Nov 2 at 5:06PM
MLS# PW26064005
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.
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Investment Insights
Based on property information with market context.
Built in 1984, this two-story industrial warehouse contains approximately 20,000 square feet, including about 1,000 square feet of air-conditioned office space. Two ground-level loading doors and a freight elevator serve the building. Clear height is approximately 14 feet, and the property has power capacity for industrial operations. Central air is also present.
The property is in downtown Los Angeles’ Fashion District, near LA Face Mart and within close proximity to public and private parking. Interstate 10 and Interstate 110 provide regional access. The site is zoned LAM2.
Potential applications identified for the property include garment manufacturing, warehousing, light manufacturing, showroom, storage, and distribution; permitted uses require buyer verification.
The property is in downtown Los Angeles’ Fashion District, near LA Face Mart and within close proximity to public and private parking. Interstate 10 and Interstate 110 provide regional access. The site is zoned LAM2.
Potential applications identified for the property include garment manufacturing, warehousing, light manufacturing, showroom, storage, and distribution; permitted uses require buyer verification.
Key Highlights
- Approximately 20,000 square feet across two stories
- Two ground‑level loading doors and a freight elevator
- Approximately 14‑foot clear ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$301,692
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,033,840
$6.0M
Cap Rate 7%
$4,309,886
$4.3M
Cap Rate 9%
$3,352,133
$3.4M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$379.2K $18.96/SF
− Vacancy
−$24.3K −$1.21/SF
EGI
$354.9K $17.75/SF
− OpEx
−$53.2K −$2.66/SF
NOI
$301.7K $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%
$6,033,840
Cap Rate 7%
$4,309,886
Cap Rate 9%
$3,352,133
Alternative Uses
Best Use
Warehouse
$4.31M
$3.77M – $5.03M
NOI $301,692 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$3.55M
$3.11M – $4.14M
NOI $248,452 @ 7.0% cap · market cap 3.98%
Theoretical Best
Multifamily LT 5
$405.19M
$354.54M – $472.72M
NOI $28,363,159 @ 7.0% cap · market cap 453.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,125
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90021, CA
5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
Similar Off Market Nearby
- Miracle Warehouse — 655 E 30th St, Los Angeles, CA 90011
- Trinity Logistics — 1996 Long Beach Ave, Los Angeles, CA 90058
- Movers of Los Angeles — 1621 Hooper Ave., Los Angeles, CA 90021
- Easy Packing — 1100 E 16th St unit c, Los Angeles, CA 90021
- Fort Self Storage — 1651 S Central Ave, Los Angeles, CA 90021
Frequently Asked Questions
What type of property is this?
Warehouse - A freight elevator links the building’s two levels, with loading access and dedicated office space supporting varied operations.
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: Approximately 20,000 square feet across two stories; Two ground‑level loading doors and a freight elevator; Approximately 14‑foot clear ceiling height
