Industrial Flex Building with
For Sale
$3,999,000
802 E Washington, Los Angeles, CA 90021
Commercial Sale, Los Angeles, CA
Property Size14,384 SF
Price / SF$278.02
Days on Market23
Property Features for 802 E Washington
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LAC-2
Directions
10 FWY, Exit Maple St South, Washington Blvd turn left, Go East to 8210 E. Washington Blvd.
Subdivision
C42 - Downtown L.A.
Standard status
Active
APN
5131007007
Additional Details
Property Use
Warehouse
Amenities
security system
Building Details
Year built
1955
Listing Agency:
Burts & Associates
Listed By:
Cynthia Burts · License #01134271
(310) 308-8003
Added: Oct 12
Changed: Nov 2
Last Checked: Nov 3 at 8:06PM
MLS# SR26223181
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 14,384-square-foot masonry flex property, built in 1955 and renovated in 2013, combines more than 10,000 square feet of warehouse area with approximately 4,000 square feet of offices and showrooms. Bow-truss ceilings reach approximately 20 feet, with 12-foot beam clearance. Two 10' x 12' roll-up loading doors connect to a rear alley. Power service is 600 amps at 240V, three-phase. A 585-square-foot office mezzanine, three bathrooms, security cameras and systems, and a secured boulevard entrance round out the improvements.
The property has 15 gated parking spaces at the rear and sits near Downtown Los Angeles wholesale and manufacturing districts, transportation corridors, and the Metro A Line.
The property has 15 gated parking spaces at the rear and sits near Downtown Los Angeles wholesale and manufacturing districts, transportation corridors, and the Metro A Line.
Key Highlights
- 14,384‑square‑foot building with over 10,000 square feet of warehouse space
- Approximately 4,000 square feet of creative offices and showrooms
- Built in 1955; renovated in 2013
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$341,422
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,828,440
$6.8M
Cap Rate 7%
$4,877,457
$4.9M
Cap Rate 9%
$3,793,578
$3.8M
Market Conditions
NOI Build-Up for 14,384 SF
Gross rent
$559.2K $38.88/SF
− Vacancy
−$104.0K −$7.23/SF
EGI
$455.2K $31.65/SF
− OpEx
−$113.8K −$7.91/SF
NOI
$341.4K $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%
$6,828,440
Cap Rate 7%
$4,877,457
Cap Rate 9%
$3,793,578
Alternative Uses
Best Use
Office B
$4.88M
$4.27M – $5.69M
NOI $341,422 @ 7.0% cap · market cap 8.54%
Second Best
Warehouse
$3.10M
$2.71M – $3.62M
NOI $216,977 @ 7.0% cap · market cap 5.43%
Theoretical Best
Multifamily LT 5
$291.41M
$254.98M – $339.98M
NOI $20,398,784 @ 7.0% cap · market cap 510.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,136
Businesses Nearby
Under-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?
Flex space - Renovated industrial space combines warehouse capacity with dedicated creative offices and showroom areas.
Where is this flex space located?
The property is located at 802 E Washington Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: 14,384‑square‑foot building with over 10,000 square feet of warehouse space; Approximately 4,000 square feet of creative offices and showrooms; Built in 1955; renovated in 2013
