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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$314.81
Days on Market100

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

Neighborhood Downtown
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
Listing Agency: Major Properties
Listed By: Jamie Kennedy · License #02426913
Source: Crexi
Added: Jul 27 Changed: Oct 26 Last Checked: Nov 3 at 3:21AM

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

Rey
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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 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

Estimated NOI and Cap Rate

NOI / Yr
$128,176
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,563,520 $2.6M
Cap Rate 7%
$1,831,086 $1.8M
Cap Rate 9%
$1,424,178 $1.4M
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$210.0K $38.88/SF
− Vacancy
−$39.1K −$7.23/SF
EGI
$170.9K $31.65/SF
− OpEx
−$42.7K −$7.91/SF
NOI
$128.2K $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%
$2,563,520
Cap Rate 7%
$1,831,086
Cap Rate 9%
$1,424,178

Alternative Uses

Best Use
Office B
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,176 @ 7.0% cap · market cap 7.54%
Second Best
Warehouse
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,457 @ 7.0% cap · market cap 4.79%
Theoretical Best
Multifamily LT 5
$109.40M
$95.73M – $127.63M (±1% cap)
NOI $7,658,053 @ 7.0% cap · market cap 450.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

5,136
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • Green Grace LA — 1225 E Washington Blvd Suite A, Los Angeles, CA 90021
  • Caters 4 you — 796 E 14th Pl, Los Angeles, CA 90021
  • Four Seasons Catering — 1300 San Pedro St Suite 210, Los Angeles, CA 90015
  • El Guero Food truck — 1013 crocker st, los angeles, ca 90021
  • Picky Doggy Food Trucks — 406 E 12th St, Los Angeles, CA 90015

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 $1,700,000.
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
(412) 589-2751 Call to check price and availability
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