Technical
Financial
Distress signals
Property profile

404 W 7Th St Los Angeles, CA 90017

FOR LEASE
Hotels
Property ID
US09-6494231
138,238 SF 0.28 ac lot Built 1928
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property in Los Angeles County offers 7,986 square feet of completely vacant space, ideal for multiple tenants. The property is currently available for lease and presents a unique opportunity for businesses seeking high-visibility locations. The flexible layout allows for various configurations, with spaces ranging from a minimum of 1,071 square feet to a maximum contiguous space of 3,471 square feet. Four individual spaces are available, providing options for businesses of different sizes and needs. The property's location within Los Angeles County ensures high foot traffic and excellent accessibility, making it an attractive proposition for a variety of retail ventures. This is a rare opportunity to secure a substantial retail presence in a desirable area. The entire building is available, offering a chance to establish a significant retail hub or to subdivide the space to suit multiple tenants. Interested parties are encouraged to inquire about lease terms and explore the possibilities this versatile property offers. The property's size and layout provide ample opportunity for customization and branding, allowing businesses to create a unique and impactful retail experience. This is a prime location for businesses looking to establish a strong presence in a thriving market. Contact us today to schedule a viewing and discuss your business needs.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1928
Construction CONCRETE
Total area 138,238 SF
Lot 0.28 ac (11,996 SF)
Zoning code LAC5
APN 5144-013-020
UPID US09-6494231

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Apartment Building
  • Building Supply General Contractor
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Marketing & Advertising

Location

404 W 7Th St Los Angeles, CA 90017
Los Angeles metro Census 207712 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.80M
Blend (final) Blend
$12.86M

Owner & transaction history

since 2018
7 recorded transactions
2021
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
2016
$52.5M
2012
Price N/A
2010
Price N/A

Zoning & alternative use

LAC5 · 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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