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Investment Highlights

  • Popular Small Industrial/ Commercial/ Flex Units
  • Each unit has its own Restroom
  • Each unit has its own DWP Meter
  • Every unit has direct street level access.

Executive Summary

Unique small multi-tenant industrial/ commercial building in Downtown Fashion District.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $245,400 $22.01
Other Income - -
Vacancy Loss - -
Effective Gross Income $245,400 $22.01
Taxes $43,570 $3.91
Operating Expenses $12,270 $1.10
Total Expenses $55,840 $5.01
Net Operating Income $189,560 $17.00

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $245,400
Annual Per SF $22.01
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $245,400
Annual Per SF $22.01
Taxes
Annual $43,570
Annual Per SF $3.91
Operating Expenses
Annual $12,270
Annual Per SF $1.10
Total Expenses
Annual $55,840
Annual Per SF $5.01
Net Operating Income
Annual $189,560
Annual Per SF $17.00

Property Facts

Price $2,995,000
Price Per SF $268.66
Sale Type Investment
Cap Rate 6.32%
Property Type
Flex
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.16 AC
Rentable Building Area 11,148 SF
No. Stories 2
Year Built/Renovated 1966/2008
Clear Ceiling Height 9’10”
Opportunity Zone Yes
Zoning M2 - Flexible Low-Medium Density Industrial

Utilities

  • Lighting
  • Water

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - A
  • 1,000 SF
  • Flex
  • Full Build-Out
  • Now

Corner Unit - Bright Unit with Natural Light.

  • 1st Fl - D
  • 1,000 SF
  • Flex
  • -
  • Now
  • 1st Fl - F
  • 1,000 SF
  • Flex
  • -
  • Now
  • 1st Fl - H
  • 1,000 SF
  • Flex
  • -
  • Now
Space Size Space Use Condition Available
1st Fl - A 1,000 SF Flex Full Build-Out Now
1st Fl - D 1,000 SF Flex - Now
1st Fl - F 1,000 SF Flex - Now
1st Fl - H 1,000 SF Flex - Now

1st Fl - A

Size
1,000 SF
Space Use
Flex
Condition
Full Build-Out
Available
Now

1st Fl - D

Size
1,000 SF
Space Use
Flex
Condition
-
Available
Now

1st Fl - F

Size
1,000 SF
Space Use
Flex
Condition
-
Available
Now

1st Fl - H

Size
1,000 SF
Space Use
Flex
Condition
-
Available
Now

1st Fl - A

Size 1,000 SF
Space Use Flex
Condition Full Build-Out
Available Now

Corner Unit - Bright Unit with Natural Light.

Walk Score®
Very Walkable (78)
Transit Score®
Rider's Paradise (90)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
5132-020-019
Land Assessment
$955,087 (2025)
Improvements Assessment
$2,175,476 (2025)
Total Assessment
$3,130,563 (2025)
Annual Taxes
$43,570 ($3.91/SF)
Tax Year
2023
  • Listing ID: 28499948

  • Date on Market: 5/16/2023

  • Last Updated:

  • Address: 738 E 14th St, Los Angeles, CA 90021

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