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Executive Summary

Multi-tenant commercial building offering excellent flexibility for owner-users or investors.
The property is currently configured into three retail/wholesale units, with one unit occupied and two units vacant—ideal for immediate occupancy or lease-up to maximize income.
Features include a 600 AMP electrical service, approximately 16-foot ceiling height, and convenient alley-access parking. Strategically located on a high-traffic street, providing strong visibility and accessibility for a variety of business uses.
Property consists of three separate units, each approximately 1,500 SF (first floor). Additional mezzanine office space in each unit is not included in the total square footage.
Buyer to verify all information herein. Owner and Broker make no representations or warranties as to the accuracy thereof.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $122,909 $26.13
Other Income - -
Vacancy Loss - -
Effective Gross Income $122,909 $26.13
Taxes $23,080 $4.91
Operating Expenses $2,731 $0.58
Total Expenses $25,811 $5.49
Net Operating Income $97,098 $20.64

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $122,909
Annual Per SF $26.13
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $122,909
Annual Per SF $26.13
Taxes (CAD)
Annual $23,080
Annual Per SF $4.91
Operating Expenses (CAD)
Annual $2,731
Annual Per SF $0.58
Total Expenses (CAD)
Annual $25,811
Annual Per SF $5.49
Net Operating Income (CAD)
Annual $97,098
Annual Per SF $20.64

Property Facts

Price $1,775,358 CAD
Price Per SF $377.41 CAD
Sale Type Investment or Owner User
Cap Rate 5.47%
Property Type Industrial
Property Subtype
Showroom
  • Flex Light Manufacturing
  • Flex Showroom
  • FlexLight Distribution
Building Class B
Lot Size 0.16 AC
Rentable Building Area 4,704 SF
No. Stories 1
Year Built/Renovated 1964/2010
Parking Ratio 1.28/1,000 SF
Clear Ceiling Height 16’
Opportunity Zone Yes
Zoning LAM-2 - Retail Stores
Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
5132-012-052
Land Assessment
$1,277,184 CAD (2025)
Improvements Assessment
$1,117,947 CAD (2025)
Total Assessment
$2,395,131 CAD (2025)
Annual Taxes
$23,080 CAD ($4.91 CAD/SF)
Tax Year
2026
  • Listing ID: 40217910

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 1220 S San Pedro St, Los Angeles, CA 90015

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