2600 Main St Los Angeles, CA 90031-3319
Property profile & analytics
2600 Main St Los Angeles, CA 90031-3319
- Retail space
- 4,537 SF
- 0.27 lot acres
Property ID
US09-8238941
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.
Location Intelligence
Current Use by Public Records
- Amazon Locker - Quarry / Postal Service / Courier Service
- 7-Eleven / Grocery & Convenience Store
- Citibank ATM / Atm
- Western Union / Bank / Credit Union
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
Property Details for 2600 Main St
- Year built
- 1996
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.27 lot acres
- Property size
- 4,537 SF
- Zone code
- LACM
- Property type
- Retail space
- APN
- 5210-005-031
- APU
- 5210005031
Description
This exceptional Los Angeles investment opportunity presents a unique blend of commercial and residential properties totaling 20,405 square feet on three contiguous parcels (23,774 sq ft total land area). Located at the signalized intersection of Main Street and Adams Boulevard, just three blocks from USC's Lorenzo Apartments, this property offers significant redevelopment potential. The existing structures comprise a two-story, 18,200 square foot industrial/flex building (zoned M1), a single-story four-unit residential apartment building (zoned R4), and a parking lot (zoned R4). Currently 100% occupied by month-to-month tenants, this provides immediate income while allowing a buyer the flexibility to occupy all or part of the buildings, or continue leasing to existing tenants during renovations or redevelopment. The property boasts a current NOI of $181,400, with a pro-forma NOI of $379,935 projected after light renovations, resulting in a pro-forma cap rate of 7.31%. The asking price is $5,200,000, representing a price per square foot of $254.84 and a land value of $219 per square foot. The property features 50 parking spaces and is situated in an Opportunity Zone, offering substantial federal capital gains tax incentives. Built in 1905, the property includes two buildings with two stories, and is zoned M1, R4, and R4 across the three parcels. This is a rare opportunity to acquire a fully occupied, mixed-use property with substantial upside potential in a prime Los Angeles location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,755,000
- 6.5%
- $1,620,000
- 7%
- $1,505,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,865,000 Current use
- MEDICAL BUILDING
- $2,065,000 Change: +11% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,920,000 Change: +3% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.215
- Latitude
- 34.0657
- 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
$15,147
$425,971
$745,459
$1,171,430
-
$0.00
$0.00
$0.00
