Fixer-Upper Retail
8230 S Main St Los Angeles, CA 90003
8230 S Main St, Los Angeles, CA, 90003
$499,000
For Sale
$499,000
Commercial retail building offered for sale as-is, with multiple possible redevelopment approaches.
Property Size1,252 SF
Lot Size0.12 Acres
Price / SF$398.56
Days on Market203
Property Features for 8230 S Main St
General Information
- Standard status
- Active
- Size
- 1,252 SF
- Lot size
- 0.12 Acres
Listing agency
Supreme Realty
(562) 318-7864
Listed by
Robert Murillo
(562) 318-7864
Source
Exprealty
Added: Dec 30, 2025 Updated: Jul 21 at 1:12AM Checked: Jul 21 at 1:12AM
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 Supreme Realty
Investment Insights
Based on property information with market context.
This is a commercial building presented as a fixer-upper and sold in as-is condition. Public remarks indicate the site totals 1, 252 and 5, 383 sqft lot, and highlights redevelopment possibilities with an emphasis on creating additional housing. The seller also notes the property is unlikely to qualify for financing and that cash offers only will be considered.
The property is located at 8230 S Main St in Los Angeles, CA.
Because the listing is positioned as an as-is sale, buyers should plan for due diligence around condition and redevelopment feasibility prior to submitting an offer.
The property is located at 8230 S Main St in Los Angeles, CA.
Because the listing is positioned as an as-is sale, buyers should plan for due diligence around condition and redevelopment feasibility prior to submitting an offer.
Key Highlights
- Commercial retail building offered for sale as‑is with multiple possible redevelopment approaches
- Lot size includes 1,252 and 5,383 sqft
- Property will not likely qualify for financing; cash offers only
Local Financial Insights For Retail
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 | $46.3k | $36.96 |
| − Vacancy | −$1.1k | −$0.85 |
| EGI | $45.2k | $36.11 |
| − OpEx | −$13.6k | −$10.83 |
| NOI | $31.6k | $25.28 |
1,252 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$452.1K
$395.6K – $527.5K
NOI $31,647 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Apartment 5plus
$22.13M
$19.37M – $25.82M
NOI $1,549,418 @ 7.0% cap · market cap 310.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Commercial retail building offered for sale as-is, with multiple possible redevelopment approaches.
Where is this storefront property located?
The property is located at 8230 S Main St Los Angeles, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Commercial retail building offered for sale as‑is with multiple possible redevelopment approaches; Lot size includes 1,252 and 5,383 sqft; Property will not likely qualify for financing; cash offers only
