Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2307 Charlotte St Los Angeles, CA 90033

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4 SF/Yr ($13,473 /Mo)

    Vacant lot, 38,495 sq ft, high visibility

    Lot size:
    38,495 SF

    Property Features for 2307 Charlotte St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,495 SF
    Total Rate
    13473.25

    Spaces For Lease

    at 2307 Charlotte St, Los Angeles, CA 90033 Contact us
    Unit Available Land

    $4 /Mo

    Size
    38,495 SF
    Contact us

    We can help!

    Listing Contact
    Jesse Mckenzie
    Jesse Mckenzie

    Listing Agency: Major Properties Listing Agent: Jesse Mckenzie

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 38,495 square foot vacant commercial land parcel presents a unique investment opportunity in the heart of Los Angeles, CA. Located at 2307 Charlotte Street, zip code 90033, this property boasts an impressive 206 feet of frontage on Charlotte Street, ensuring high visibility and accessibility. The land is zoned LA [Q]C2-1VL, offering a range of potential development options for commercial ventures. The property's single-tenant designation provides flexibility for a variety of uses. With its substantial size and prime location, this lot is ideal for developers seeking a strategic foothold in a thriving Los Angeles market. The parcel's APN is 5202-006-005,006,009. This is a rare opportunity to acquire a large, vacant commercial land parcel in a desirable area of Los Angeles. The property's size and zoning provide significant potential for future development and income generation. Act quickly to secure this exceptional property. The location offers easy access to major transportation routes and a variety of amenities. Don't miss this chance to capitalize on this prime Los Angeles real estate offering.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    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
    -118.20252
    Latitude
    34.057102

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      12100 Wilshire Blvd

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      12100 Wilshire Blvd, Los Angeles, CA 90025
      View Details
    • $4,512 /Mo
      2,139 SF

      Modern Office Space in San Pedro

      Modern office space for lease in the heart of San Pedro.
      858 W 9Th St, San Pedro, CA 90731
      View Details
    • Contact for pricing
      22,000 SF

      Creative Flex Space in Hollywood

      Reimagined creative flex space in the heart of Hollywood.
      5176 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • $18,856 /Mo
      12,036 SF

      Functional Warehouse with Office Space

      Secure Los Angeles warehouse with office, ample parking, and freeway access.
      215 W 134Th St, Los Angeles, CA 90061
      View Details
    • $5,300 /Mo
      5,227 SF

      Versatile Mixed-Use Space in Los Angeles

      Mixed-use space ideal for various businesses in a dynamic location.
      1201 West Temple St, Los Angeles, CA 90026
      View Details
    • $3,500 /Mo
      1,480 SF

      Pacoima Mixed-Use Property For Lease

      Versatile 1480 sq ft mixed-use property in prime Pacoima location.
      10615 San Fernando Rd, Pacoima, CA 91331
      View Details
    • $3,950 /Mo
      1,200 SF

      Los Angeles Warehouse with Gated Parking

      Turn-key warehouse with gated parking near downtown Los Angeles.
      3242 Fowler St, Los Angeles, CA 90063
      View Details
    • New
      $3,500 /Mo
      2,150 SF

      Commercial Space in Los Angeles

      Versatile space suitable for office, retail, or warehouse use.
      3136 E Olympic Blvd, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      1,352 SF

      El Sereno Commercial Corner Lot

      Established smog check business on a corner lot for lease.
      4780 S Huntington Dr S, Los Angeles, CA 90032
      View Details
    • Contact for pricing
      900 SF

      Retail Kiosk in Historic Placita

      Retail kiosk in a high-traffic, culturally rich Los Angeles marketplace.
      125 Paseo De La Plz, Los Angeles, CA 90012
      View Details
    • $3,200 /Mo
      1,307 SF

      Mixed-Use Property in Central Los Angeles

      Versatile 1,056 sq ft mixed-use property for lease.
      1641 South Longwood Ave, Los Angeles, CA 90019
      View Details
    • $3,500 /Mo
      1,250 SF

      East Los Angeles Office Space

      Versatile 1,250 sqft office space in high-traffic Los Angeles location.
      816 S Indiana St, Los Angeles, CA 90023
      View Details

    FAQs

    What type of property is this?
    Land - Vacant lot, 38,495 sq ft, high visibility
    Where is this land located?
    The property is located at 2307 Charlotte St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 38,495± SF vacant commercial land parcel available for lease.; Possible uses include storage, parking, or contractor's yard.; Excellent location, two miles northeast of Downtown Los Angeles and south of Lincoln Heights.
    (714) 883-6875
    Request Owner's contact information
    2307 Charlotte St Los Angeles, CA 90033
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2307 Charlotte St
    Los Angeles, CA 90033
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2307 Charlotte St Los Angeles, CA 90033
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jesse Mckenzie
    Jesse Mckenzie
    Real Estate License ID: 01939062
    (714) 883-6875
    Learn more
    Google sign-in failed. Please try again or use another login method.