Building Details

Building Size 32,860 SF

Year Built 1953

Listing Agency: Lee & Associates - Los Angeles - Downtown

Listed By: Evan Jurgensen · License #CalDRE #01967347 Show Phone

Source: Lee-associates

Added: Aug 28 Changed: Oct 8 Last Checked: Oct 16 at 5:47AM

Report an Issue

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 Lee & Associates - Los Angeles - Downtown

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This multi-tenant industrial property includes buildings along Alameda Street that are licensed for cannabis activities. Permitted operations identified for the licensed facility include manufacturing, cultivation, nonstorefront retail, and distribution. The improvements also feature heavy power, supporting industrial and cannabis-related operations.

A licensed operator occupies 17,780 square feet within the property. The facility is positioned along the Alameda corridor, with access to the 105 Freeway described as being only minutes away. The buildings were constructed in 1953, and additional parcels are associated with the property through APNs 6170-003-035, 036, 037, 038, and 039.

Key Highlights

• 17,780 SF leased to a fully licensed operator
• Buildings along Alameda are licensed for cannabis operations
• Licensed uses include manufacturing, cultivation, nonstorefront retail, and distribution

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$427,572

Cap Rate

6.68%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$8,551,440 $8.6M

Cap Rate 7%

$6,108,171 $6.1M

Cap Rate 9%

$4,750,800 $4.8M

Is this asking price fair?

Market Conditions

NOI Build-Up for 32,860 SF

Gross rent

$528.4K $16.08/SF

− Vacancy

−$25.4K −$0.77/SF

EGI

$503.0K $15.31/SF

− OpEx

−$75.5K −$2.30/SF

NOI

$427.6K $13.01/SF

Area

Los Angeles County, CA

Vacancy

4.80%

Lease Rate

$16.08 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$8,551,440

Cap Rate 7%

$6,108,171

Cap Rate 9%

$4,750,800

Alternative Uses

Best Use

Warehouse

$6.11M

$5.34M – $7.13M (±1% cap)

NOI $427,572 @ 7.0% cap · market cap 6.68%

Second Best

Industrial

$5.49M

$4.80M – $6.40M (±1% cap)

NOI $384,005 @ 7.0% cap · market cap 6.00%

Theoretical Best

Office A

$17.59M

$15.39M – $20.53M (±1% cap)

NOI $1,231,518 @ 7.0% cap · market cap 19.24%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Computer & Electronic Repair Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,364

Businesses Nearby

Explore this area Business Placement

Demographics for 90262, CA

67,099

Population

15,497

Households

4.3

Avg Household Size

32

Median Age

10%

College-Educated

58%

High-School Grad

4.8 sq mi

ZIP Area

13,979

Density / Sq Mi

$70,507

Median Household Income

$32,870

Median Earnings

$1,625

Median Rent

$569,400

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Similar For Sale Nearby

See more

Licensed Cannabis Industrial Facility

10810-10844 Alameda St, Lynwood, CA 90262

Contact for pricing

32,860 SF

View details

Industrial Warehouse with Covered Yard

2911 Norton Ave, Lynwood, CA 90262

Contact for pricing

35,000 SF

View details

Lynwood Manufacturing Facility For Sale

11220 Wright Rd, Lynwood, CA

Contact for pricing

36,734 SF

View details

Truck Terminal with Office Space

2880 Norton, Lynwood, CA 90262

$10,395,000

19,900 SF

View details

Warehouse Development Opportunity

2772 Norton Ave, Lynwood, CA 90262

$2,905,602

View details

15-Unit Apartment Building

3161 Carlin Ave, Lynwood, CA 90262

$3,500,000

0.71 Acres

View details

Owner-User Development Opportunity

2800, 2820, 2826 Norton Ave, Lynwood, CA 90262

$3,044,440

View details

Gated Apartment Building

10965 Wright Rd, Lynwood, CA 90262

$2,700,000

12,780 SF

View details

Multifamily Building with 7 Units

3516 Beechwood, Lynwood, CA 90262

$1,729,000

6,352 SF

View details

Lynwood Commercial Property on Boulevard

3502 Martin Luther King Jr Boulevard, Lynwood, CA 90262

$1,250,000

5,073 SF

View details

Modern Medical Office Space Available

3637 Martin Luther King Jr Boulevard, Lynwood, CA 90262

$1,275,000

4,390 SF

View details

Four-Unit Multifamily Property

11251 State, Lynwood, CA 90262

$1,399,000

View details

Frequently Asked Questions

What type of property is this?

Cannabis property - The Alameda buildings carry cannabis licenses supporting manufacturing, cultivation, nonstorefront retail, and distribution operations.

Where is this cannabis property located?

The property is located at 10810-10844 Alameda St 2612 108th St & 2611 109th St Lynwood, CA.

What is the asking price?

The asking price for this property is $6,400,000.

What are key features of this property?

This property features: 17,780 SF leased to a fully licensed operator; Buildings along Alameda are licensed for cannabis operations; Licensed uses include manufacturing, cultivation, nonstorefront retail, and distribution