End-Unit Warehouse with Fenced
New
For Sale
$1,190,000
10172 Olney, El Monte, CA 91731
Industrial warehouse with office space, vertical clearance, secured outdoor area, and exposure along I-10.
Property Size3,021 SF
Days on Market3
Property Features for 10172 Olney
General Information
Standard status
Active
Size
3,021 SF
Property subtype
Industrial
Building Details
Building Size
3,021 SF
Year Built
1994
Units
1
Listing Agency:
CC Royal Realty
Listed By:
Cathy Cheng · License #01270713
(626) 222-3050
Source:
Elliman
Added: Sep 15
Last Checked: Sep 16 at 5:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CC Royal Realty
Investment Insights
Based on property information with market context.
Built in 1994, this end-unit warehouse provides a functional industrial layout with a dedicated office area, substantial vertical clearance, and a fenced yard. The combination supports indoor operations alongside secured outdoor storage, loading, or related commercial activity. As an end unit, the property offers a distinct position within the building and direct exposure to I-10.
The property is located at 10172 Olney in El Monte, California. Walk Score is 67, Bike Score is 64, and Transit Score is 62, providing documented access characteristics for employees and visitors. The warehouse configuration and enclosed outdoor area offer practical flexibility for businesses requiring office support, warehouse capacity, and controlled exterior space.
The property is located at 10172 Olney in El Monte, California. Walk Score is 67, Bike Score is 64, and Transit Score is 62, providing documented access characteristics for employees and visitors. The warehouse configuration and enclosed outdoor area offer practical flexibility for businesses requiring office support, warehouse capacity, and controlled exterior space.
Key Highlights
- End‑unit warehouse constructed in 1994
- High ceiling provides substantial vertical clearance
- Dedicated office area included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,571
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$911,420
$911.4K
Cap Rate 7%
$651,014
$651.0K
Cap Rate 9%
$506,344
$506.3K
Market Conditions
NOI Build-Up for 3,021 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.3K $18.96/SF
− Vacancy
−$3.7K −$1.21/SF
EGI
$53.6K $17.75/SF
− OpEx
−$8.0K −$2.66/SF
NOI
$45.6K $15.08/SF
Area
El Monte, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$911,420
Cap Rate 7%
$651,014
Cap Rate 9%
$506,344
Alternative Uses
Best Use
Warehouse
$651.0K
$569.6K – $759.5K
NOI $45,571 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$57.40M
$50.23M – $66.97M
NOI $4,018,301 @ 7.0% cap · market cap 337.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,474
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91731, CA
28,197
Population
8,809
Households
3.2
Avg Household Size
38
Median Age
15%
College-Educated
68%
High-School Grad
3.8 sq mi
ZIP Area
7,420
Density / Sq Mi
$60,887
Median Household Income
$33,530
Median Earnings
$1,583
Median Rent
$614,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with office space, vertical clearance, secured outdoor area, and exposure along I-10.
Where is this warehouse located?
The property is located at 10172 Olney El Monte, CA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: End‑unit warehouse constructed in 1994; High ceiling provides substantial vertical clearance; Dedicated office area included
