Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1514 Nadeau St Los Angeles, CA 90001-3417
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1514 Nadeau St Los Angeles, CA 90001-3417

    View on Map
    • Retail space
    • 2,208 SF
    • 0.11 lot acres
    Off-Market
    Last Sale Apr 18, 2025
    $490,000
    Property ID
    US09-6929652
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Coin Laundry / (Bike/Boat/Book/etc) Store
    • A C Coin Laundry / (Bike/Boat/Book/etc) Store

    Property Details for 1514 Nadeau St

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    2,208 SF
    Zone code
    LCM1*
    Property type
    Retail space
    APN
    6028-006-006
    APU
    6028006006

    Description

    This exceptional investment opportunity presents a vacant, 2,208-square-foot retail building ideally suited for a laundromat business. Located at 1514 Nadeau St, Los Angeles, CA 90001, this single-story, C-Class property sits on a 4,696-square-foot lot and boasts seven parking spaces. Built in 1964, the property features a C1 zoning designation and is offered at $629,000, translating to $284.87 per square foot. The land value alone is $169 per square foot. Previously operating as AC Coin Laundry for over 20 years, the interior remains fully equipped for a laundromat operation, providing a turnkey solution for a new business owner. The property was last occupied on March 31, 2023, and is now available for immediate possession. The previous lease, commencing May 1, 2016, and expiring March 31, 2023, included rent bumps. This fee-simple ownership offers significant potential for immediate income generation or redevelopment within a thriving Los Angeles neighborhood. The property's history as a successful laundromat, combined with its convenient location and ample parking, makes it an attractive proposition for both seasoned investors and entrepreneurs seeking a ready-made business opportunity. The property is sold as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.247
    Latitude
    33.9672
    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
    $8,597
    $426,521
    $185,917
    $612,438
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $925,000
      4,811 SF

      7420 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,811 SF
      7420 Central Ave, Los Angeles, CA 90001-2425
      View Details
    • Value Estimation by Request
      924 SF

      645 Manchester Ave

      RETAIL STORES (PERSONAL SERVICES) • 924 SF
      645 Manchester Ave, Los Angeles, CA 90001-3630
      View Details
    • Value Estimation
      $1,910,000
      12,000 SF

      1526 Florence Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      1526 Florence Ave, Los Angeles, CA 90001-2536
      View Details
    • Value Estimation
      $880,000
      12,384 SF

      1226 Florence Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,384 SF
      1226 Florence Ave, Los Angeles, CA 90001-2433
      View Details
    • Value Estimation
      $640,000
      4,000 SF

      1118 Firestone Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      1118 Firestone Blvd, Los Angeles, CA 90001-3737
      View Details
    • Value Estimation
      $3,200,000
      11,516 SF

      1628 Firestone Blvd

      RETAIL STORES (PERSONAL SERVICES) • 11,516 SF
      1628 Firestone Blvd, Los Angeles, CA 90001-3950
      View Details

    Similar Nearby for Sale

    • $525,000
      2,080 SF

      Mixed-Use Property in Los Angeles

      Mixed-use property with commercial and residential units, development opportunity.
      7019 Compton Ave, Los Angeles, CA 90001
      View Details
    • $725,000
      1,192 SF

      Mixed-Use Property in Los Angeles

      Mixed-use property with commercial building and residential home.
      7421 Compton Ave, Los Angeles, CA 90001
      View Details
    • $1,150,000
      1,680 SF

      Tujunga Commercial Building For Sale

      Two-unit commercial building in Tujunga with retail and office spaces.
      9925 Commerce Ave, Tujunga, CA 90001
      View Details
    • Contact for pricing
      16,920 SF

      Corner Lot Commercial Property

      Fenced and paved commercial lot, leased through May 2027.
      7001-7013 Compton Ave, Los Angeles, CA 90001
      View Details
    • $1,399,000
      3,428 SF

      Commercial Duplex on High-Traffic Street

      Commercial duplex suitable for offices or retail stores.
      1544 E Florence Ave, Los Angeles, CA 90001
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Retail/Office Opportunity

      Retail and office space available for sale in San Pedro.
      800-810 S Gaffey St, San Pedro, CA 90001
      View Details
    • Contact for pricing

      Abbot Kinney Retail Space

      Retail space with private entrance and on-site parking.
      1319 Abbot Kinney Blvd, Venice, CA 90001
      View Details
    • $2.00 SF/Yr
      1,327 SF

      Retail Space Available For Rent

      Retail space available in San Pedro, CA.
      1851 N Gaffey St, San Pedro, CA 90001
      View Details
    • $2.00 SF/Yr
      2,984 SF

      Retail Space Available For Rent

      First floor retail space available in Harbor City, CA.
      1219 Lomita Blvd, Harbor City, CA 90001
      View Details
    • Contact for pricing

      Venice Retail Space For Lease

      Retail space available in Venice, California with modern finishes.
      1636-1638 Abbot Kinney Blvd, Venice, CA 90001
      View Details
    • Contact for pricing

      Venice Retail Space Sublease

      2,777 SF retail space available for sublease in Venice.
      1103 Abbot Kinney Blvd, Venice, CA 90001
      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.
    1514 Nadeau St
    Los Angeles, CA 90001-3417
    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.
    Sign Up Successful!
    You now have access to more from Realmo!