Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1150 E 12Th St Los Angeles, CA 90021

    • Retail space
    • 4,960 SF
    • 0.14 lot acres
    For Sale
    View listing
    $1,390,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0480770
    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

    • Lifestyle Boutique 12th & High / Clothing Store

    Property Details for 1150 E 12Th St

    Year built
    1965
    Construction
    TILT-UP CONCRETE
    Lot size
    0.14 lot acres
    Property size
    4,960 SF
    Zone code
    LAM2
    Property type
    Retail space
    APN
    5132-016-011
    APU
    5132016011

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.246
    Latitude
    34.0303
    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
    $16,882
    $1,083,653
    $270,907
    $1,354,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $425,000
      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
      $325,000
      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
      $300,000
      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
      $480,000
      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
      $345,000
      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
      $325,000
      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

    • $2,100,000
      4,000 SF

      Showroom/Office/Retail Condos Bundle

      Condos available as a bundle for showroom/office/retail use.
      1016 Towne Ave, Los Angeles, CA 90021
      View Details
    • $2,500,000
      5,720 SF

      Retail Space Available For Sale

      Retail space available for sale in Los Angeles, CA.
      921 Crocker St, Los Angeles, CA 90021
      View Details
    • $2,500,000
      10,610 SF

      Prime LA Storefront Opportunity

      10,610 SF Retail/Industrial Building
      1355 Washington Blvd, Los Angeles, CA 90021
      View Details
    • $1,430,000
      1,760 SF

      High-End LA Fashion District Showroom

      Prime Retail Space, Seller Financing Available
      747 10Th St, Los Angeles, CA 90021
      View Details
    • $12,500,000
      58 SF

      Downtown LA Fashion Building

      Four-story commercial building in the Downtown LA Warehouse District.
      1100-1144 S Crocker St, Los Angeles, CA 90021
      View Details
    • $4,999,999
      8,794 SF

      Prime DTLA Fashion District Investment

      Prime DTLA Fashion District Investment
      732 E 8th St, Los Angeles, CA 90021
      View Details

    Similar Nearby for Lease

    • $1.60 SF/Yr
      3,000 SF

      Creative Retail Space Available

      Second floor creative retail space with high ceilings and HVAC.
      711 E 9Th Pl, Los Angeles, CA 90021
      View Details
    • $1.85 SF/Yr
      3,525 SF

      Renovated Creative Warehouse/Retail Space

      Renovated warehouse/retail space with exposed brick and secure parking.
      1500 S Central Ave, Los Angeles, CA 90021
      View Details
    • $4,550,000
      4,370 SF

      Retail Space for Lease

      Retail space with immediate access to wholesale showrooms.
      791 E Pico Blvd, Los Angeles, CA 90021
      View Details
    • Contact for pricing
      15,000 SF

      Fashion District Commercial Building

      Multi-functional commercial building in the Fashion District available for rent.
      948 Crocker St, Los Angeles, CA 90021
      View Details
    • Contact for pricing
      1,400 SF

      Flexible Commercial Space For Lease

      Corner commercial space with fenced parking, suitable for various uses.
      711 East 10Th St, Los Angeles, CA 90021
      View Details
    • $1.50 SF/Yr
      9,800 SF

      9,800 SF DTLA Arts District Multi-Use Sublease

      9,800 SF DTLA Arts District Multi-Use Sublease
      725 Mateo St, Los Angeles, CA 90021
      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.
    1150 E 12Th St
    Los Angeles, CA 90021
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.