Los Angeles Retail
848-862 N Vine St, Los Angeles, CA 90038
For Sale
Contact for pricing
Retail building offering approximately 9,255 square feet along N Vine St.
Property Size9,255 SF
Price / SF$702.32
Days on Market97
Property Features for 848-862 N Vine St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Lee & Associates | Investment Services Group
Listed By:
Matthew C. Sullivan · License CA #00848427
(213) 623-0800
Source:
Moodyscre
Added: Aug 10
Changed: Nov 3
Last Checked: Nov 12 at 9:38AM
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 Lee & Associates | Investment Services Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail building comprises 9,255 square feet at 848-862 N Vine St in Los Angeles. The property is identified as retail space and is offered for sale.
The address places the building on N Vine St in the 90038 ZIP code. The available information supports the building’s retail classification, size, address, and sale offering.
The address places the building on N Vine St in the 90038 ZIP code. The available information supports the building’s retail classification, size, address, and sale offering.
Key Highlights
- 9,255‑square‑foot retail building
- Located at 848‑862 N Vine St
- Los Angeles, CA 90038
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$214,782
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,295,640
$4.3M
Cap Rate 7%
$3,068,314
$3.1M
Cap Rate 9%
$2,386,467
$2.4M
Market Conditions
NOI Build-Up for 9,255 SF
Gross rent
$342.1K $36.96/SF
− Vacancy
−$35.2K −$3.81/SF
EGI
$306.8K $33.15/SF
− OpEx
−$92.0K −$9.95/SF
NOI
$214.8K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,295,640
Cap Rate 7%
$3,068,314
Cap Rate 9%
$2,386,467
Alternative Uses
Best Use
Retail
$3.07M
$2.68M – $3.58M
NOI $214,782 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.86M
$3.38M – $4.51M
NOI $270,485 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Market
Average Price Trend$/SF for Retail space in Los Angeles, CA
Properties on Market for Retail space in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - Retail building offering approximately 9,255 square feet along N Vine St.
Where is this retail space located?
The property is located at 848-862 N Vine St Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 9,255‑square‑foot retail building; Located at 848‑862 N Vine St; Los Angeles, CA 90038
