Mixed-Use Property in Fashion
For Sale
Contact for pricing
752 San Pedro St, Los Angeles, CA 90014
Two-story, 12,000 SF mixed-use property in Downtown Los Angeles.
Property Size12,000 SF
Lot Size0.14 Acres
Price / SF$370.83
Days on Market171
Property Features for 752 San Pedro St
General Information
Standard status
Active
Size
12,000 SF
Lot size
0.14 Acres
Property subtype
Industrial, Mixed Use
Zoning
LAM2-4
Building Details
Year Built
1922
Buildings
1
Stories
2
Listing Agency:
Major Properties
(310) 880-2329
Listed By:
Jesse McKenzie · License #CA 01939062
Source:
Crexi
Added: Feb 26
Changed: Aug 14
Last Checked: Aug 16 at 4:56AM
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 Major Properties
Investment Insights
Based on property information with market context.
This two-story mixed-use property is located at 752 S San Pedro St, Los Angeles, CA 90014, in the heart of Downtown Los Angeles’ Fashion District. The building totals approximately 12,000 square feet and sits on a lot of approximately 6,125 square feet. The second floor, comprising approximately 6,000 square feet, will be delivered vacant at close. The property features approximately 14’ clear height, two ground-level drive-in doors (10’ W x 12’ H), masonry construction, and heavy power with 800A/480V/3-phase service. Additional features include surface parking. The property is located in an Opportunity Zone and offers excellent access to the CBD and major freeways. Zoned LAM2, the property is suitable for industrial, light manufacturing, creative production, or investment use.
Key Highlights
- ±6,000 SF second floor is deliverable vacant at close, ideal for owner‑user or investor
- Prime location in Downtown Los Angeles' Fashion District with excellent access to the CBD and major freeways
- Opportunity Zone designation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$243,000
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,860,000
$4.9M
Cap Rate 7%
$3,471,429
$3.5M
Cap Rate 9%
$2,700,000
$2.7M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$432.0K $36.00/SF
− Vacancy
−$43.2K −$3.60/SF
EGI
$388.8K $32.40/SF
− OpEx
−$145.8K −$12.15/SF
NOI
$243.0K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,860,000
Cap Rate 7%
$3,471,429
Cap Rate 9%
$2,700,000
Alternative Uses
Best Use
Mixed Use
$3.47M
$3.04M – $4.05M
NOI $243,000 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$243.11M
$212.72M – $283.63M
NOI $17,017,896 @ 7.0% cap · market cap 382.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19,411
Businesses Nearby
Explore this area
Business Placement
Demographics for 90014, CA
9,254
Population
7,618
Households
1.2
Avg Household Size
38
Median Age
43%
College-Educated
86%
High-School Grad
0.3 sq mi
ZIP Area
30,847
Density / Sq Mi
$33,822
Median Household Income
$61,856
Median Earnings
$1,604
Median Rent
$644,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story, 12,000 SF mixed-use property in Downtown Los Angeles.
Where is this mixed-use property located?
The property is located at 752 San Pedro St Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: ±6,000 SF second floor is deliverable vacant at close, ideal for owner‑user or investor; Prime location in Downtown Los Angeles' Fashion District with excellent access to the CBD and major freeways; Opportunity Zone designation
