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    Commercial Land For Sale Title is generated by Realmo AI

    850 E Jefferson Blvd, Los Angeles, CA 90011

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    Commercial land available for sale in Los Angeles, CA.

    Type:Retail, Mixed Use, Land
    Property size:
    9,756 SF
    Price / SF:
    $461/SF
    Added:
    Nov 19, 2022
    Days on Market:
    1297
    Last Refresh:
    May 19 at 9:02 pm

    Property Features for 850 E Jefferson Blvd

    General Information

    Standard status
    Active
    Size
    9,756 SF
    Property subtype
    Retail, Mixed Use, Land

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    Listing Contact
    Daniel Moussazadeh

    Listing agent Daniel Moussazadeh License #CA 02058572

    Listing office Major Properties

    Listing date Nov 19, 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 Major Properties

    HighLights

    • No property information was provided to analyze.

    Overview

    This commercial land, also suitable for retail and mixed-use development, is available for sale. The property has a size of 9756 square feet and is located in Los Angeles, CA.

    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 $360.6k $36.96
    − Vacancy −$8.3k −$0.85
    EGI $352.3k $36.11
    − OpEx −$105.7k −$10.83
    NOI $246.6k $25.28
    9,756 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.52M
    $3.08M – $4.11M (±1% cap)
    NOI $246,602 @ 7.0% cap · market cap 5.48%
    Second Best
    Mixed Use
    $3.17M
    $2.78M – $3.70M (±1% cap)
    NOI $222,144 @ 7.0% cap · market cap 4.94%
    Theoretical Best
    Multifamily LT 5
    $197.65M
    $172.94M – $230.59M (±1% cap)
    NOI $13,835,549 @ 7.0% cap · market cap 307.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Muscle Tuner Auto Auto Repair Shop Halo Hot Rod Auto Repair Shop Lifesafer Ignition Interlock Building Supply

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    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
    -118.26152
    Latitude
    34.01362

    FAQs

    What type of property is this?
    Commercial land - Commercial land available for sale in Los Angeles, CA.
    Where is this commercial land located?
    The property is located at 850 E Jefferson Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: No property information was provided to analyze.
    More about this property
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