Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    899 Traction Ave Los Angeles, CA 90013

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    899 Traction Ave Los Angeles, CA 90013

    View on Map
    • Retail properties & Spaces
    • 3,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smoke City Char Bar / Restaurant
    • Aliso Building 2 (2101-2632 / Condominium Complex

    Property Details for 899 Traction Ave

    Property size
    3,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 3,000-square-foot retail space, located at 899 Traction Avenue in Los Angeles, California, presents a unique opportunity for a single-tenant bar or restaurant. Situated in Los Angeles County, zip code 90013, this property offers a completely vacant space ready for immediate occupancy. The building's total square footage is 3,000 square feet, providing ample room for a full-service establishment. The property is classified as retail and restaurant space, specifically suited for a bar concept. Its strategic location in Los Angeles offers high visibility and potential for significant foot traffic, making it an ideal location for a thriving business. The property is available for lease and presents a blank canvas for a creative entrepreneur to establish a unique and successful venture. The address is easily accessible, and the surrounding area offers various amenities and attractions that could complement the business. This is a rare opportunity to secure a substantial retail space in a desirable Los Angeles location. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate build-out and customization to meet the specific needs of the future tenant. This is a turnkey opportunity to establish a successful business in a vibrant and growing area of Los Angeles.

    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
    -118.234
    Latitude
    34.0454

    Comparable in this City

    • Value Estimation by Request
      4,002 SF

      899 Traction Ave

      Restaurants • 4,002 SF
      899 Traction Ave, Los Angeles, CA 90013
      View Details
    • Value Estimation by Request

      560 Main St

      Restaurants
      560 Main St, Los Angeles, CA 90013
      View Details
    • Value Estimation by Request
      162,120 SF

      545 Main St

      Restaurants • 162,120 SF
      545 Main St, Los Angeles, CA 90013
      View Details
    • Value Estimation by Request

      333 Spring St

      Restaurants
      333 Spring St, Los Angeles, CA 90013
      View Details
    • Value Estimation by Request
      12,434 SF

      437 5Th St

      Restaurants • 12,434 SF
      437 5Th St, Los Angeles, CA 90013
      View Details
    • Value Estimation by Request
      66,800 SF

      3Rd St

      Restaurants • 66,800 SF
      0 3Rd St, Los Angeles, CA 90013
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Arts District Redevelopment Opportunity

      Three-building complex in the Arts District primed for redevelopment.
      534 Mateo St, Los Angeles, CA 90013
      View Details
    • Contact for pricing

      Renovated Mixed-Use Building in DTLA

      Fully renovated mixed-use commercial property in the heart of Downtown Los Angeles.
      510 S Broadway, Los Angeles, CA 90013
      View Details
    • $350,000

      Turnkey LA Restaurant with License

      High-end, fully equipped restaurant with Type 41 license.
      806 E 3Rd St, Los Angeles, CA 90013
      View Details
    • $350,000
      2,100 SF

      Turnkey Restaurant with Type 41 License

      High-end, fully equipped restaurant in Los Angeles with Type 41 license.
      806 East 3Rd St, Los Angeles, CA 90013
      View Details
    • Contact for pricing

      Arts District Creative Hub

      Revitalized creative hub in the vibrant Arts District.
      421- Colyton St, Los Angeles, CA 90013
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      66,800 SF

      Arts District Retail Opportunity

      Prime LA location, 47,245 SF available
      0 3Rd St, Los Angeles, CA 90013
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces available for lease in Los Angeles.
      550 S Hill St, Los Angeles, CA 90013
      View Details
    • $5 SF/Yr
      5,320 SF

      Arts District Retail/Restaurant Space

      Located in the heart of the Arts District.
      810 East 3Rd St, Los Angeles, CA 90013
      View Details
    • Contact for pricing

      Retail Space in Los Angeles

      Single tenant retail space available for rent in Los Angeles.
      899 Traction Ave, Los Angeles, CA 90013
      View Details
    • Contact for pricing

      DTLA Historic Core Retail Space

      Retail spaces in DTLA's Historic Core available for lease.
      560 S Main St, Los Angeles, CA 90013
      View Details
    • Contact for pricing
      2,650 SF

      Retail and Restaurant Space Available

      Retail and restaurant space with open ceilings and natural light.
      808-820 E 3Rd St, Los Angeles, CA 90013
      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.
    899 Traction Ave
    Los Angeles, CA 90013
    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

    899 Traction Ave, Los Angeles, CA, 90013

    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!