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    1355 Washington Blvd Los Angeles, CA 90021

    • Retail space
    • 5,610 SF
    • 0.14 lot acres
    For Sale
    View listing
    $2,500,000
    Value Estimation
    Last Sale
    Jul 24, 2024
    $123,483
    Location Intelligence
    Property ID
    US09-7053831
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hobbs and Sons / Attorney

    Property Details for 1355 Washington Blvd

    Year built
    1905
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    5,610 SF
    Zone code
    LAM2
    Property type
    Retail space
    APN
    5129-002-025
    APU
    5129002025

    Description

    This exceptional Los Angeles storefront property, located at 1355 E Washington Blvd, offers 10,610 square feet of versatile space, ideal for a variety of uses including warehouse, showroom, retail, wholesale, or creative ventures. The property boasts two adjacent buildings, situated on a 12,000 square foot lot in the desirable Los Angeles Fashion District, just half a block east of Central Avenue. The building, constructed between 1905 and 1965, features convenient ground-level loading, fenced and paved parking for approximately eight vehicles, and is zoned LA M2. Its prime location offers excellent visibility and accessibility, directly adjacent to the Metro Blue light rail line. The asking price is $2,500,000, representing a compelling $235.63 per square foot building value. This is a motivated seller opportunity with many potential uses. The property's APN is 5129-002-024,025. Don't miss this chance to acquire a significant property in a thriving Los Angeles location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $125,000

    • CAP approach

      CAP return
      Estimation
      6%
      $130,000
      6.5%
      $150,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $150,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $105,000
      Retail
      $130,000
      Mixed-Use
      $145,000
      Hospitality
      $110,000
      Educational
      $115,000
      Residential Income
      $150,000
      Energy
      $130,000
      Income-Based Land
      $115,000
      Food Service
      $110,000

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.249
    Latitude
    34.0238
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,531
    $156,759
    $70,688
    $227,447
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,477 SF

      747 12th St

      RETAIL STORES (PERSONAL SERVICES) • 13,477 SF
      747 12th St, Los Angeles, CA 90021-2101
      View Details
    • Value Estimation by Request
      1,690 SF

      735 12th St Ste, Unit 101

      RETAIL STORES (PERSONAL SERVICES) • 1,690 SF
      735 12th St Ste, Los Angeles, CA 90021-2197
      View Details
    • Value Estimation by Request
      1,820 SF

      735 12th St Ste, Unit 110

      RETAIL STORES (PERSONAL SERVICES) • 1,820 SF
      735 12th St Ste, Los Angeles, CA 90021-2197
      View Details
    • Value Estimation by Request
      1,490 SF

      800 12th St Ste, Unit 130

      RETAIL STORES (PERSONAL SERVICES) • 1,490 SF
      800 12th St Ste, Los Angeles, CA 90021-2244
      View Details
    • Value Estimation by Request
      1,980 SF

      940 Crocker St Ste, Unit 103

      RETAIL STORES (PERSONAL SERVICES) • 1,980 SF
      940 Crocker St Ste, Los Angeles, CA 90021-2289
      View Details
    • Value Estimation by Request
      1,570 SF

      1016 Towne Ave, Unit 113

      RETAIL STORES (PERSONAL SERVICES) • 1,570 SF
      1016 Towne Ave, Los Angeles, CA 90021-2078
      View Details

    Similar Nearby for Sale

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      Prime LA Storefront Opportunity

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    Similar Nearby for Lease

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    1355 Washington Blvd
    Los Angeles, CA 90021
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    Realmo Value Estimation

    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.

    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.

    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
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