Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    120 11Th St Los Angeles, CA 90015
    Property profile & analytics

    120 11Th St Los Angeles, CA 90015

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rage Ground / Family Recreation Center
    • T Simply Prepaid / Mobile Phone Store / Electronics & Wireless Store

    Property Details for 120 11Th St

    Property type
    Warehouses
    Property subtype
    Neighborhood centers

    Description

    This exceptional multi-use property, located at 120-126 E. 11th Street in the heart of Los Angeles, CA 90015, presents a unique investment opportunity. The property is zoned M2 and situated in Los Angeles County. Currently, there are two available spaces totaling 3,228 square feet of vacant space. Each space offers a minimum of 1,614 contiguous square feet, ideal for a variety of businesses. The building's flexible design caters to retail, office, and industrial uses, making it suitable for a diverse range of tenants. The property's central location provides excellent access to major transportation routes, ensuring high visibility and convenient access for customers and employees. This is a rare chance to acquire a versatile property in a thriving Los Angeles neighborhood. The property is classified as a strip center, traditional, and warehouse/distribution space, offering a unique blend of commercial real estate options. The multiple tenancy structure allows for flexibility in leasing arrangements. This prime location in Los Angeles County offers significant potential for growth and return on investment. Serious inquiries are encouraged to explore this exciting opportunity further. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.258
    Latitude
    34.0386

    Comparable in this City

    • Value Estimation by Request
      39,912 SF

      1218-1230 Los Angeles St

      Lifestyle centers • 39,912 SF
      1218-1230 Los Angeles St, Los Angeles, CA 90015
      View Details
    • Value Estimation by Request
      8,200 SF

      1113 Venice Blvd

      Distribution properties • 8,200 SF
      1113 Venice Blvd, Los Angeles, CA 90015
      View Details
    • Value Estimation by Request
      50,000 SF

      1620 Los Angeles St

      Distribution properties • 50,000 SF
      1620 Los Angeles St, Los Angeles, CA 90015
      View Details
    • Value Estimation by Request
      2,000 SF

      1508 Main St

      Distribution properties • 2,000 SF
      1508 Main St, Los Angeles, CA 90015
      View Details
    • Value Estimation by Request
      196,603 SF

      900-912 Hill St

      Warehouses • 196,603 SF
      900-912 Hill St, Los Angeles, CA 90015
      View Details
    • Value Estimation by Request
      850 SF

      1563 Pico Blvd

      Neighborhood centers • 850 SF
      1563 Pico Blvd, Los Angeles, CA 90015
      View Details

    Similar Nearby for Sale

    • $11,000,000

      Two Buildings in Opportunity Zone

      Two buildings on separate parcels with existing income in DTLA.
      1024-1030 Maple Ave, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      7,500 SF

      Retail and Industrial Space

      7,500 SqFt retail and industrial space available for sale.
      612 E 12Th St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      22,500 SF

      Retail and Industrial Mixed-Use Property

      22,500 SqFt mixed-use property suitable for retail and industrial purposes.
      160-166 W Pico Blvd, Los Angeles, CA 90015
      View Details
    • $1,225,000
      3,400 SF

      Free Standing Creative Space

      Creative space near Convention Center, Crypto Arena, and LA Live.
      817 Venice Blvd, Los Angeles, CA 90015
      View Details
    • $850,000
      2,332 SF

      Versatile Showroom/Warehouse Space Available

      2,332 SF showroom/storage/warehouse/office space with parking.
      1100 S San Pedro St, Los Angeles, CA 90015
      View Details
    • $2,650,000
      2,700 SF

      Multi-Tenant Building in Los Angeles

      Multi-use space ideal for garment manufacturing, warehouse, showroom, etc.
      1015-1019 San Julian St, Los Angeles, CA 90015
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      47,032 SF

      Commerce Warehouse with Showroom/Offices

      Warehouse in Commerce with showroom, offices, and fenced yard.
      5526-6625 E Washington Blvd, Commerce, CA 90015
      View Details
    • Contact for pricing
      138,400 SF

      Commerce Warehouse with Large Yard

      Well-maintained warehouse with abundant loading, large yard, and solar.
      6550 E Washington Blvd, Commerce, CA 90015
      View Details
    • Contact for pricing
      25,000 SF

      Industrial Space in DTLA Location

      25,000 SF industrial space with dock high loading.
      1620 S Los Angeles St, Los Angeles, CA 90015
      View Details
    • Contact for pricing

      2313 Westwood Blvd

      5 Room 1 Bath West LA Retail/Spa/Medical location MOVE IN READY*
      2313 Westwood Blvd, Los Angeles, CA 90015
      View Details
    • $1,625 /Mo
      970 SF

      Los Angeles Commercial Space Available

      Retail, office, showroom, or warehouse space in fashion district.
      1458 San Pedro St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      7,650 SF

      Industrial/Retail Space on Washington Blvd

      Functional space suitable for light industrial and retail uses.
      5318-5322 E Washington Blvd, Commerce, CA 90015
      View Details
    Request Owner's contact information
    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.
    120 11Th St
    Los Angeles, CA 90015
    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
    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

    Thank You for Inquiry
    120 11Th St, Los Angeles, CA, 90015
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!