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    560 Main St Los Angeles, CA 90013

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    For Lease
    Contact for pricing

    Historic Core, Creative Office Space

    Lot size:
    17,983 SF

    Property Features for 560 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,983 SF

    Spaces For Lease

    at 560 Main St, Los Angeles, CA 90013 Contact us
    Unit 121 E 6th St - Mezzanine

    $12 /Mo

    Size
    2,663 SF
    Contact us
    Unit 129 E 6th St

    $12 /Mo

    Size
    2,000 SF
    Contact us
    Unit 127-129 E 6th St

    $12 /Mo

    Size
    4,000 SF
    Contact us
    Unit 127 E 6th St

    $12 /Mo

    Size
    2,000 SF
    Contact us
    Unit 131 E 6th St

    $26 /Mo

    Size
    2,700 SF
    Contact us
    Unit 119 E 6th St

    $18 /Mo

    Size
    1,920 SF
    Contact us
    Unit 131 E 6th St

    $26 /Mo

    Size
    2,700 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Donegan Mccuaig
    Donegan Mccuaig

    Listing Agency: Donegan McCuaig Listing Agent: Donegan Mccuaig

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Discover a vibrant retail or creative office space in the heart of Downtown Los Angeles' Historic Core at 560 S Main St, Los Angeles, CA 90013. This ground floor unit, situated between Main and Los Angeles Streets, offers an exceptional location within a thriving mix of residential, commercial, and entertainment venues. Nearby establishments include Cole's French Dip, iconic bars, and popular cafes like Starbucks, Wake & Late, Las Perlas, and Redline Bar. The space boasts polished cement flooring, exposed ceilings, and abundant natural light from windowed frontage secured by metal roll-up doors. Interior features include central HVAC, soaring ceilings, fresh paint, two sinks, and an industrial aesthetic. Ideal for retail, creative workspaces, art galleries, or showrooms, this space offers a compelling opportunity to be part of Downtown LA's dynamic scene, benefiting from regular community events like the Art Walk and farmers' markets. The lease includes NNN/CAM charges, with utilities separate. Parking is available nearby at a monthly or daily rate, supplemented by metered street parking. High-speed internet access is available. Minimum one-year lease terms are offered, with incentives for longer-term commitments. Showings are by appointment only.
    Property Profile Location Intelligence

    Current Use by Public Records

    CRAZY TACOS Restaurant GUILTY Store Department Store Private Personal Trainer ... Gym & Fitness Center Preme Magazine Media Distribution WHIMSICAL DTLA EVENT ... Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2493023
    Latitude
    34.0449268

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    FAQs

    What type of property is this?
    Restaurant - Historic Core, Creative Office Space
    Where is this restaurant located?
    The property is located at 560 Main St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $12-$26 SF/Yr.
    (213) 304-4727 Call to check price and availability
    Request Owner's contact information
    560 Main St Los Angeles, CA 90013
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    Los Angeles, CA 90013
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    560 Main St Los Angeles, CA 90013
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Donegan Mccuaig
    Donegan Mccuaig
    Real Estate License ID: 01753250
    (213) 304-4727
    Learn more
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