Industrial
For Sale
Contact for pricing
1062-1068 251st St, Harbor City, CA 90710
Industrial property constructed in 1978 with access near the llO Freeway.
Property Size7,200 SF
Days on Market49
Property Features for 1062-1068 251st St
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Building Details
Building Size
7,200 SF
Year Built
1978
Listed By:
Jake Arellano, GLS
(562) 568-2088
Source:
Lee-associates
Added: Sep 11
Changed: Oct 28
Last Checked: Oct 28 at 6:52AM
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 Jake Arellano, GLS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property was constructed in 1978 and is identified as a for-sale asset. Its location provides close proximity to the llO Freeway, supporting regional access for industrial users. The property is located at 1062-1068 251st St in Harbor City, California.
Key Highlights
- Constructed in 1978
- Close proximity to the llO Freeway
- Located at 1062‑1068 251st St, Harbor City, CA 90710
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,443
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,788,860
$1.8M
Cap Rate 7%
$1,277,757
$1.3M
Cap Rate 9%
$993,811
$993.8K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$136.5K $18.96/SF
− Vacancy
−$8.7K −$1.21/SF
EGI
$127.8K $17.75/SF
− OpEx
−$38.3K −$5.32/SF
NOI
$89.4K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,788,860
Cap Rate 7%
$1,277,757
Cap Rate 9%
$993,811
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,443 @ 7.0% cap · market cap 30,949.13%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$145.87M
$127.63M – $170.18M
NOI $10,210,737 @ 7.0% cap · market cap 3,533,126.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,975
Businesses Nearby
Explore this area
Business Placement
Demographics for 90710, CA
26,605
Population
9,861
Households
2.7
Avg Household Size
40
Median Age
32%
College-Educated
84%
High-School Grad
2.3 sq mi
ZIP Area
11,567
Density / Sq Mi
$77,486
Median Household Income
$40,216
Median Earnings
$1,547
Median Rent
$648,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property constructed in 1978 with access near the llO Freeway.
Where is this industrial property located?
The property is located at 1062-1068 251st St Harbor City, CA.
What are key features of this property?
This property features: Constructed in 1978; Close proximity to the llO Freeway; Located at 1062‑1068 251st St, Harbor City, CA 90710
