Technical
Financial
Distress signals
Property profile

1130 Seward St Los Angeles, CA 90038

FOR LEASE
Manufacturing properties
Property ID
US09-7284194
11,696 SF 0.27 ac lot Built 1957
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 24,580-square-foot commercial property at 1130 Seward Street in Los Angeles, CA 90038, presents a unique opportunity. Currently configured as a single-tenant space encompassing 11,666 square feet, the property offers significant flexibility for various uses. Its classification as both retail and office space allows for diverse tenant profiles. The building boasts attractive architectural features ideal for creative businesses, including bow-truss ceilings and skylights, contributing to a bright and inspiring atmosphere. The exposed brick interior adds to the property's character and charm. Its suitability for soundstage or production use makes it particularly appealing to media-related companies. Convenient parking is available at the corner of Lexington Avenue and Seward Street. The property's size and features make it an excellent choice for a company seeking a substantial and distinctive workspace in a vibrant Los Angeles location. The single-tenant occupancy provides an opportunity for a long-term lease with a stable tenant or the potential for redevelopment and subdivision to accommodate multiple tenants. This property is situated in a dynamic area of Los Angeles, offering easy access to transportation and amenities.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1957
Construction TILT-UP CONCRETE
Total area 11,696 SF
Lot 0.27 ac (11,901 SF)
Zoning code LAM1
APN 5533-011-021
UPID US09-7284194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Photography Service (Bike/Boat/Book/etc) Store

Location

1130 Seward St Los Angeles, CA 90038
Los Angeles metro Census 190802 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.66M
Blend (final) Blend
$16.49M

Owner & transaction history

since 2022
Last sale
$21.9M
3 recorded transactions
2022
$21.9M
1999
Price N/A
1967
Price N/A

Zoning & alternative use

LAM1 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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