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1150 12th St Los Angeles, CA 90021-2206

OFF-MARKET Retail space Google Maps
4,960 SF 0.14 ac lot Built 1965
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$1.18M
Range $1.06M – $1.29M (±10%)
Property ID US10-0480770

Property summary

AI-generated overview

This exceptional investment opportunity presents a fully renovated, vacant industrial warehouse located at 1150 E 12th St, Los Angeles, CA 90021. The property boasts 4,959 square feet of net rentable space, spread across three individual units, each featuring its own bathroom and HVAC system. Built in 1965 and extensively renovated in 2016, this Class B warehouse offers a compelling blend of character and modern functionality. Key features include three ground-level loading docks, a 17-foot ceiling height, and 400-amp three-phase power. The property sits on a 0.14-acre lot and benefits from a private gated parking and loading area. The asking price is $2,100,000, translating to $423.47 per square foot and $700,000 per unit. Its strategic location near the I-10, I-5, and I-110 freeways provides excellent access to major transportation arteries. The open floor plan showcases exposed brick walls and abundant natural light, while the heavy LAM2 industrial zoning ensures versatile usage potential. This is a rare chance to acquire an unencumbered, multi-unit industrial building in a high-demand Los Angeles location. The property's recent renovations, combined with its prime location and desirable features, make it an ideal investment for discerning buyers.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction TILT-UP CONCRETE
Total area 4,960 SF
Lot 0.14 ac (5,881 SF)
Zoning code LAM2
APN 5132-016-011
UPID US10-0480770

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
  • Clothing Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$823k
Blend (final) Blend
$1.18M

Owner & transaction history

since 2025
Last sale
$1.2M
7 recorded transactions
2025
$1.2M
2025
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2016
Price N/A
2015
Price N/A

Zoning & alternative use

LAM2 · 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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