Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1218-1230 Los Angeles St Los Angeles, CA 90015
    Back to Search
    Property profile & analytics

    1218-1230 Los Angeles St Los Angeles, CA 90015

    View on Map
    • Lifestyle centers
    • 39,912 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 1218-1230 Los Angeles St

    Year built
    1982
    Property size
    39,912 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 39,912 square foot shopping center, situated on a 41,030 square foot lot at 1218-1230 S Main St & 1219 S Los Angeles St, Los Angeles, CA 90015, presents a rare investment opportunity in the coveted Fashion District/South Park area. Built in 1982, this single-story property boasts a prominent 156-foot frontage on Main Street and a substantial 113-foot frontage on Los Angeles Street. The property's LA M2 zoning allows for future development potential, providing income during any entitlement process. Its strategic location places it directly on the border of the Fashion District and South Park District, across from the Axis Apartment Complex, and within easy access to major freeways: a 3/4-mile distance from the Harbor (110) Freeway and 1/4-mile from the Santa Monica (I-10) Freeway. The asking price is $10,899,000, translating to $273.07 per square foot. Detailed financial information, including rent rolls and income/expense details, is available upon request. This is a unique chance to acquire a high-performing retail asset with significant upside potential in a thriving Los Angeles location. The APN is 5139-027-016.

    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
    -118.26
    Latitude
    34.0369

    Comparable in this City

    • Value Estimation by Request

      120 11Th St

      Neighborhood centers
      120 11Th 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
    • Value Estimation by Request
      19,458 SF

      1600 Figueroa St

      Land • 19,458 SF
      1600 Figueroa St, Los Angeles, CA 90015
      View Details
    • Value Estimation by Request
      4,000 SF

      1710 James M Wood Blvd

      Land • 4,000 SF
      1710 James M Wood Blvd, Los Angeles, CA 90015
      View Details
    • Value Estimation
      $5,400,000
      31,612 SF

      1219 Los Angeles St

      MINI-MALL • 31,612 SF
      1219 Los Angeles St, Los Angeles, CA 90015-2538
      View Details
    • Value Estimation by Request
      21,008 SF

      446 Washington Blvd

      MINI-MALL • 21,008 SF
      446 Washington Blvd, Los Angeles, CA 90015-3721
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      31,600 SF

      Commercial Land Available For Sale

      Commercial land available for sale in Los Angeles, CA.
      1218-1230 S Los Angeles St, 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
    • $5,955,000

      Mixed-Use Building in Downtown Los

      26,000 SF mixed-use building in a developing Downtown Los Angeles.
      1316 S Los Angeles St, Los Angeles, CA 90015
      View Details
    • $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

      Historic Entertainment Venue Near L.A. Live

      Unique entertainment venue or creative office opportunity in Downtown Los Angeles.
      940 S Figueroa St, Los Angeles, CA 90015
      View Details
    • $5,850,000
      27,754 SF

      Retail Property with Subterranean Parking

      Retail property featuring subterranean parking and short-term leases.
      416-420 E 11Th St, Los Angeles, CA 90015
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing
      4,140 SF

      Brewery and Restaurant Space Available

      Second generation brewery and restaurant space with dedicated patio.
      1230 S Olive St, Los Angeles, CA 90015
      View Details
    • Contact for pricing

      Restaurant Space with Outdoor Seating

      Restaurant space with outdoor seating and liquor license in Los Angeles.
      932 S Hill St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      6,900 SF

      Retail Space on South Broadway

      Retail property available for lease in Los Angeles, CA.
      950 South Broadway, 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
    • Contact for pricing

      Fully Leased Retail Opportunity

      Retail property in Los Angeles, currently 100% leased.
      330-336 W Pico Blvd, Los Angeles, 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.
    1218-1230 Los Angeles 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
    1218-1230 Los Angeles 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!