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1812 Flower St Los Angeles, CA 90015-3424

OFF-MARKET Manufacturing properties Google Maps
6,750 SF 0.16 ac lot Built 1941
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$1.03M
Range $927k – $1.13M (±10%)
Property ID US09-6342948

Property summary

AI-generated overview

This 9,500-square-foot freestanding industrial building, situated on a 0.16-acre lot in downtown Los Angeles, presents a unique investment opportunity. Built in 1941, the single-tenant property boasts a desirable location on Flower Street, a major north-south artery. Its central location offers easy access to multiple freeways (5, 10, 110, 60, and 101), public transportation (including the Metro Blue Line Grand Station), and key attractions like the LA Live, LA Convention Center, and Crypto.com Arena. The building features a wood bow truss ceiling with high clearance (12'-19'), one drive-in door, and a clear-span warehouse layout without interior columns or posts. A roughly 2,500-square-foot mezzanine with a concrete floor provides additional space (not included in the total square footage). The property is zoned C2-2D-O-CPIO and has a 400 amp, 120-240v, 3-phase power supply. Its proximity to the Maguire California Hospital, Los Angeles Trade Technical College, and various commercial districts further enhances its appeal. This is an exceptional opportunity to acquire a well-located industrial property in a thriving urban environment. The APN is 5126011017, located in Los Angeles County. The entire building is currently vacant.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1941
Construction TILT-UP CONCRETE
Total area 6,750 SF
Lot 0.16 ac (6,757 SF)
Zoning code LAM2
APN 5126-011-017
UPID US09-6342948

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M

Owner & transaction history

since 2014
7 recorded transactions
2020
Price N/A
2014
$1.3M
2009
Price N/A
2008
Price N/A
2008
Price N/A
2008
Price N/A
2005
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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