Retail/Industrial/Creative Building For
7135-7137 Remmet Ave Los Angeles, CA 91303
Mixed-use building suitable for retail, industrial, or creative purposes.
Type:Retail, Office, Industrial
Property size:
3,700 SFPrice / SF:
$401/SF- Added:
- Nov 21, 2022
- Days on Market:
- 1327
- Last Refresh:
- Jun 24 at 4:43 pm
Property Features for 7135-7137 Remmet Ave
General Information
- Standard status
- Active
- Size
- 3,700 SF
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 1980
Listing office Commercial Asset Group, Inc.
Listing date Nov 21, 2022
Source Crexi
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 Commercial Asset Group, Inc.
Investment Insights
Based on property information with market context.
This mixed-use building, with a size of 3700 square feet, is available for sale. The property is suitable for an owner-user and can accommodate retail, industrial, or creative businesses.
Key Highlights
- Owner user opportunity
- Retail/industrial/creative building
- For sale
Local 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 | $143.9k | $38.88 |
| − Vacancy | −$26.8k | −$7.23 |
| EGI | $117.1k | $31.65 |
| − OpEx | −$29.3k | −$7.91 |
| NOI | $87.8k | $23.74 |
3,700 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,824 @ 7.0% cap · market cap 5.91%
Second Best
Retail
$1.23M
$1.07M – $1.43M
NOI $85,867 @ 7.0% cap · market cap 5.78%
Theoretical Best
Multifamily LT 5
$74.96M
$65.59M – $87.45M
NOI $5,247,184 @ 7.0% cap · market cap 353.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building suitable for retail, industrial, or creative purposes.
Where is this mixed-use property located?
The property is located at 7135-7137 Remmet Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Owner user opportunity; Retail/industrial/creative building; For sale
