Freestanding Flex Space with Fenced
1129-1133 E Elm Ave, Fullerton, CA 92831
For Sale
Contact for pricing
Divisible commercial building combining office accommodation, warehouse clearance, loading access, and a secured outdoor yard.
Property Size5,406 SF
Price / SF$388.46
Days on Market98
Property Features for 1129-1133 E Elm Ave
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Additional Details
Fenced Yard
Amenities
Fenced Yard Area
Building Details
Buildings
Listing Agency:
Lee & Associates
(562) 699-7500
Listed By:
Steve Coulter · License #01229849
(562) 568-2032
Source:
Moodyscre
Added: Aug 4
Changed: Nov 2
Last Checked: Nov 8 at 7:52AM
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 Lee & Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding flex property contains 5,406 square feet and is configured for division between office and warehouse functions. Approximately 1,200 SF is dedicated to office area, while the warehouse portion provides approximately 14 feet of clearance. Two ground-level loading doors support receiving and dispatch operations, and new LED lighting updates the interior. A roof coating was added in 2025.
The property includes a fenced yard area and is located at 1129-1133 E Elm Ave in Fullerton, California. Its combination of divisible space, office improvements, warehouse capacity, ground-level loading, and outdoor storage area provides a practical layout for a range of flex-oriented commercial uses.
The property includes a fenced yard area and is located at 1129-1133 E Elm Ave in Fullerton, California. Its combination of divisible space, office improvements, warehouse capacity, ground-level loading, and outdoor storage area provides a practical layout for a range of flex-oriented commercial uses.
Key Highlights
- 5,406‑square‑foot freestanding flex property at 1129‑1133 E Elm Ave, Fullerton, CA 92831
- Divisible building with ±1,200 SF of office area
- Warehouse clearance of ±14'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,634
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,680
$1.8M
Cap Rate 7%
$1,280,486
$1.3M
Cap Rate 9%
$995,933
$995.9K
Market Conditions
NOI Build-Up for 5,406 SF
Gross rent
$142.7K $26.40/SF
− Vacancy
−$23.2K −$4.29/SF
EGI
$119.5K $22.11/SF
− OpEx
−$29.9K −$5.53/SF
NOI
$89.6K $16.58/SF
Area
Fullerton, CA
Vacancy
16.26%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,680
Cap Rate 7%
$1,280,486
Cap Rate 9%
$995,933
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,634 @ 7.0% cap · market cap 4.27%
Second Best
Warehouse
$1.20M
$1.05M – $1.40M
NOI $83,817 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,685 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,864
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92831, CA
38,953
Population
13,691
Households
2.8
Avg Household Size
31
Median Age
44%
College-Educated
89%
High-School Grad
5.9 sq mi
ZIP Area
6,602
Density / Sq Mi
$89,451
Median Household Income
$41,878
Median Earnings
$2,093
Median Rent
$821,300
Median Home Value
Market
Average Price Trend$/SF for Flex space in Orange County, CA
Properties on Market for Flex space in Orange County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Chef Bobby — 425 E Commonwealth Ave, Fullerton, CA 92832
Frequently Asked Questions
What type of property is this?
Flex space - Divisible commercial building combining office accommodation, warehouse clearance, loading access, and a secured outdoor yard.
Where is this flex space located?
The property is located at 1129-1133 E Elm Ave Fullerton, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 5,406‑square‑foot freestanding flex property at 1129‑1133 E Elm Ave, Fullerton, CA 92831; Divisible building with ±1,200 SF of office area; Warehouse clearance of ±14'
