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Flex Space with Loading Door
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794 E 18th St, Los Angeles, CA 90021

Vacant industrial property combining warehouse, office, gated parking, and substantial electrical capacity.

Property Size5,400 SF
Price / SF$370.37
Days on Market9

Property Features for 794 E 18th St

General Information

Standard status Active
Size 5,400 SF
Total Parking Spaces 5
Property subtype Industrial
Zoning LA M2
Investment Type Owner/User

Site & Location

Highway Access Yes
Public Transit Yes
Fenced Yard Yes

Warehouse & Industrial

Drive-In Doors 1
Power 400 amps

Amenities

400-amp electrical service
ground-level loading door

Building Details

Year Built 1968
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Major Properties
Listed By: Jamie Kennedy · License #02426913
Source: Crexi
Added: Jul 27 Changed: Aug 4 Last Checked: Aug 4 at 7:35AM

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 5,400-square-foot flex property combines warehouse and manufacturing space with a substantial office component. Improvements include 400-amp electrical service, a ground-level loading door, and secure gated parking. The building was constructed in 1968 and is zoned LA M2. Delivery vacant supports immediate occupancy by an owner-user or expansion of an existing operation.

The property is located at 794 E 18th St in Los Angeles, one block north of Washington Boulevard and the Metro A Line San Pedro Street Station. The Santa Monica (I-10) Freeway is one block to the south, providing direct access to Downtown Los Angeles and regional transportation routes. Its position adjacent to the DTLA Fashion District supports industrial users in manufacturing, warehousing, distribution, apparel, and creative operations.

Key Highlights

  • 5,400 SF flex property with warehouse, manufacturing, and office areas
  • 400‑amp electrical service
  • Ground‑level loading door

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 $210.0k $38.88
− Vacancy −$39.1k −$7.23
EGI $170.9k $31.65
− OpEx −$42.7k −$7.91
NOI $128.2k $23.74
5,400 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,176 @ 7.0% cap · market cap 6.41%
Second Best
Warehouse
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,457 @ 7.0% cap · market cap 4.07%
Theoretical Best
Multifamily LT 5
$109.40M
$95.73M – $127.63M (±1% cap)
NOI $7,658,053 @ 7.0% cap · market cap 382.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

URBAN EPISODE Clothing Store

Suggested Use

Top Pick Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Daycare Center Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,286
Businesses Nearby
Balanced
Demand for This Use

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

Market

Properties on Market for Flex space in Los Angeles

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Vacant industrial property combining warehouse, office, gated parking, and substantial electrical capacity.
Where is this flex space located?
The property is located at 794 E 18th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 5,400 SF flex property with warehouse, manufacturing, and office areas; 400‑amp electrical service; Ground‑level loading door
(310) 880-2329 Call to check price and availability
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