Fashion District Industrial
For Sale
$6,173,120
935 E 12th Street, Los Angeles, CA 90021
Industrial building in the Fashion District with parking and office.
Property Size19,291 SF
Price / SF$320
Days on Market201
Property Features for 935 E 12th Street
General Information
Standard status
Active
Size
19,291 SF
Property subtype
Industrial
Building Details
Building Size
19,291 SF
Year Built
1973
Properties For Sale
at 935 E 12th Street
Available Space
Not For Lease
Size
19,291 SF
FOR SALE Sale Price: $6,173,120.00 Sale Price/SF: $320.00 Restrooms: 3 Please verify all information herein as Broker does not warrant its accuracy. To show: call broker/alarmed. Taxes: Prop 13.
Contact us
Listing Agency:
Daum Commercial
Listed By:
Bryan Abayan · License #CA 02005294
(310) 883-8476
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 14
Last Checked: Oct 20 at 5:04PM
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 Daum Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial building, located in the Fashion District, features a new office buildout of approximately 2,050 square feet. The property includes 25 subterranean secure parking stalls. It also has two dock-high doors, a 14-foot clear height, heavy power, and fire sprinklers. The building is close to the Arts District and Vernon. The property size is 19,291 square feet. The building is planned to be fully refurbished in 2025.
Key Highlights
- Fully Refurbished in 2025
- 25 Subterranean Secure Parking Stalls
- Benefit from ±2,050 SF New Office Buildout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$239,644
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,792,880
$4.8M
Cap Rate 7%
$3,423,486
$3.4M
Cap Rate 9%
$2,662,711
$2.7M
Market Conditions
NOI Build-Up for 19,291 SF
Gross rent
$365.8K $18.96/SF
− Vacancy
−$23.4K −$1.21/SF
EGI
$342.3K $17.75/SF
− OpEx
−$102.7K −$5.32/SF
NOI
$239.6K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,792,880
Cap Rate 7%
$3,423,486
Cap Rate 9%
$2,662,711
Alternative Uses
Best Use
Industrial
$3.42M
$3.00M – $3.99M
NOI $239,644 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$390.82M
$341.97M – $455.96M
NOI $27,357,685 @ 7.0% cap · market cap 443.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,757
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial building in the Fashion District with parking and office.
Where is this industrial property located?
The property is located at 935 E 12th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,173,120.
What are key features of this property?
This property features: Fully Refurbished in 2025; 25 Subterranean Secure Parking Stalls; Benefit from ±2,050 SF New Office Buildout
