Showroom Property With Roof
For Sale
Contact for pricing
780-798 E 12th St, Los Angeles, CA 90011
Multi-level commercial property with showroom, office, storage, alley-access, and rooftop parking components.
Property Size18,099 SF
Price / SF$399.41
Days on Market51
Property Features for 780-798 E 12th St
General Information
Standard status
Active
Size
18,099 SF
Class
B
Property subtype
Retail
Occupancy
85%
Investment Type
Owner/User
Net Operating Income
$446,242
Additional Details
Asking Price
$8,900,000
Building Details
Year Built
2005
Units
19
Tenancy
Multi
Listing Agency:
Quixotic Realty
Listed By:
Donegan McCuaig · License #01753250
(213) 304-4727
Source:
Crexi
Added: Aug 28
Changed: Oct 15
Last Checked: Oct 16 at 7:24AM
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 Quixotic Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 18,099-square-foot showroom property, built in 2005, combines multiple commercial components within a single asset. The ground floor includes 10 showrooms oriented toward E 12th Street, along with 5 alley-access spaces equipped with metal roll-up doors. Four additional spaces on the second floor provide office or storage functionality, and roof parking is included. Two of the ground-floor showrooms are ready for immediate occupancy.
The property occupies the intersection where Crocker Street terminates at E 12th Street, placing the ground-floor showroom frontage at a prominent street junction. It is located in Los Angeles’ Fashion District, with E 12th Street, Crocker Street, and Towne Avenue identified as key streets for wholesale women’s fashion businesses. The configuration supports an owner-user or investment acquisition, subject to the buyer’s intended use and applicable approvals.
The property occupies the intersection where Crocker Street terminates at E 12th Street, placing the ground-floor showroom frontage at a prominent street junction. It is located in Los Angeles’ Fashion District, with E 12th Street, Crocker Street, and Towne Avenue identified as key streets for wholesale women’s fashion businesses. The configuration supports an owner-user or investment acquisition, subject to the buyer’s intended use and applicable approvals.
Key Highlights
- 18,099‑square‑foot showroom property built in 2005
- 10 ground‑floor showrooms facing E 12th Street
- 4 second‑floor office/storage spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$457,487
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,149,740
$9.1M
Cap Rate 7%
$6,535,529
$6.5M
Cap Rate 9%
$5,083,189
$5.1M
Market Conditions
NOI Build-Up for 18,099 SF
Gross rent
$668.9K $36.96/SF
− Vacancy
−$15.4K −$0.85/SF
EGI
$653.6K $36.11/SF
− OpEx
−$196.1K −$10.83/SF
NOI
$457.5K $25.28/SF
Area
ZIP 90011
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,149,740
Cap Rate 7%
$6,535,529
Cap Rate 9%
$5,083,189
Alternative Uses
Best Use
Retail
$6.54M
$5.72M – $7.62M
NOI $457,487 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$366.67M
$320.84M – $427.79M
NOI $25,667,241 @ 7.0% cap · market cap 355.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,482
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Showroom - Multi-level commercial property with showroom, office, storage, alley-access, and rooftop parking components.
Where is this showroom located?
The property is located at 780-798 E 12th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,229,000.
What are key features of this property?
This property features: 18,099‑square‑foot showroom property built in 2005; 10 ground‑floor showrooms facing E 12th Street; 4 second‑floor office/storage spaces
