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

    1812 Flower St Los Angeles, CA 90015-3424

    • Manufacturing properties
    • 6,750 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    $1,030,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6342948
    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

    • Manufacturing properties

    Property Details for 1812 Flower St

    Year built
    1941
    Construction
    TILT-UP CONCRETE
    Lot size
    0.16 lot acres
    Property size
    6,750 SF
    Zone code
    LAM2
    Property type
    Manufacturing properties
    APN
    5126-011-017
    APU
    5126011017

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,400,000
      6.5%
      $1,290,000
      7%
      $1,200,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,540,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.27
    Latitude
    34.0348
    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
    $20,955
    $400,613
    $1,166,498
    $1,567,111
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,115,000
      6,890 SF

      1221 Maple Ave

      MANUFACTURING (LIGHT) • 6,890 SF
      1221 Maple Ave, Los Angeles, CA 90015-2603
      View Details
    • Value Estimation
      $3,165,000
      27,675 SF

      122 16th St

      MANUFACTURING (LIGHT) • 27,675 SF
      122 16th St, Los Angeles, CA 90015
      View Details
    • Value Estimation
      $1,125,000
      7,176 SF

      915 17th St

      MANUFACTURING (LIGHT) • 7,176 SF
      915 17th St, Los Angeles, CA 90015-3317
      View Details
    • Value Estimation
      $1,560,000
      15,782 SF

      1630 Wall St

      MANUFACTURING (LIGHT) • 15,782 SF
      1630 Wall St, Los Angeles, CA 90015-3717
      View Details
    • Value Estimation
      $1,335,000
      10,478 SF

      1715 Wall St

      MANUFACTURING (LIGHT) • 10,478 SF
      1715 Wall St, Los Angeles, CA 90015-3985
      View Details
    • Value Estimation
      $3,425,000
      22,500 SF

      1126 Santee St

      MANUFACTURING (LIGHT) • 22,500 SF
      1126 Santee St, Los Angeles, CA 90015-1700
      View Details

    Similar Nearby for Sale

    • $2,511,000
      31,000 SF

      Functional Industrial/Flexible Space Available

      Clean, maintained industrial/flexible space with fenced parking. Owner-user opportunity.
      650 E 16Th St, Los Angeles, CA 90015
      View Details
    • $1,260,625

      Downtown LA Industrial Land Parcel

      10,085 SF Industrial Lot - $1.26M
      1721 Santee St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      4,200 SF

      Free Standing Warehouse with Yard

      4,200 SF warehouse with gated yard and executive office.
      1106 E Pico Blvd, Los Angeles, CA 90015
      View Details
    • $2,950,000
      12,500 SF

      Fashion District Industrial Building

      Industrial building in the Fashion District, live/work permissible.
      522 E 12Th St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      4,200 SF

      Freestanding Warehouse with Gated Yard

      Freestanding warehouse with executive office space and gated parking.
      1108 E Pico Blvd, Los Angeles, CA 90015
      View Details
    • $4,210,000
      12,100 SF

      Refurbished Warehouse Near Fashion District

      Refurbished warehouse with deluxe offices, showrooms, and secure parking.
      1354 E Washington Blvd, Los Angeles, CA 90015
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      7,250 SF

      Downtown LA Warehouse - Lease/Sale

      7,250 SF Warehouse, Ample Parking, LA Live
      1314 James M Wood Blvd, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      14,000 SF

      Fashion District Storage & Manufacturing

      Storage and manufacturing space in the heart of LA Fashion District.
      1146 San Julian St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      2,700 SF

      Multi-Tenant Building in Los Angeles

      Multi-use space ideal for garment manufacturing, warehouse, showroom, etc.
      1015-1019 San Julian St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      7,200 SF

      Warehouse/Manufacturing Space Near USC

      7,200 SF warehouse/manufacturing space with new office and restrooms.
      2219-2225 W Pico Blvd, Los Angeles, CA 90015
      View Details
    • $12 SF/Yr
      4,136 SF

      Wall Street Fashion District Space

      Creative Office/Manufacturing Space Available
      1100 Wall St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      3,350 SF

      Clean Industrial Space Available

      Industrial space with high power, roll-up door, convenient location.
      1816-1818 S Flower St, Los Angeles, CA 90015
      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.
    1812 Flower St
    Los Angeles, CA 90015-3424
    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.