Renovated Office & Warehouse
For Sale
$1,227,200
785 E 14th Street, Los Angeles, CA 90021
Move-in ready office and warehouse in the Textile/Garment District.
Property Size4,160 SF
Price / SF$295
Days on Market201
Property Features for 785 E 14th Street
General Information
Standard status
Active
Size
4,160 SF
Property subtype
Industrial
Building Details
Building Size
4,160 SF
Year Built
1965
Properties For Sale
at 785 E 14th Street
Available Space
Not For Lease
Size
4,160 SF
FOR SALE Sale Price: $1,227,200.00 Sale Price/SF: $295.00 Restrooms: 2 Please verify all information herein as Broker does not warrant its accuracy.
Contact us
Listing Agency:
Daum Commercial
Listed By:
Sean Kim · License #CA 02030559
(213) 270-2224
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 13
Last Checked: Oct 19 at 3:14AM
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 Daum Commercial
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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 is a newly renovated office and warehouse space in move-in ready condition. It features central A/C, a skylight, and LED lights. The property is located in the heart of the Textile/Garment District, two blocks from the wholesale market and three blocks from the Santa Monica Fwy 10. The property size is 4160 square feet.
Key Highlights
- Move‑In Ready Condition
- Newly Renovated Office & Warehouse
- In the Heart of the Textile/Garment District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,743
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,974,860
$2.0M
Cap Rate 7%
$1,410,614
$1.4M
Cap Rate 9%
$1,097,144
$1.1M
Market Conditions
NOI Build-Up for 4,160 SF
Gross rent
$161.7K $38.88/SF
− Vacancy
−$30.1K −$7.23/SF
EGI
$131.7K $31.65/SF
− OpEx
−$32.9K −$7.91/SF
NOI
$98.7K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,974,860
Cap Rate 7%
$1,410,614
Cap Rate 9%
$1,097,144
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.65M
NOI $98,743 @ 7.0% cap · market cap 8.05%
Second Best
Warehouse
$896.5K
$784.4K – $1.05M
NOI $62,752 @ 7.0% cap · market cap 5.11%
Theoretical Best
Multifamily LT 5
$84.28M
$73.74M – $98.33M
NOI $5,899,537 @ 7.0% cap · market cap 480.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,482
Businesses Nearby
Well-served
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 Office in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Move-in ready office and warehouse in the Textile/Garment District.
Where is this warehouse located?
The property is located at 785 E 14th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,227,200.
What are key features of this property?
This property features: Move‑In Ready Condition; Newly Renovated Office & Warehouse; In the Heart of the Textile/Garment District
