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    Industrial Property in Opportunity Zone Title is generated by Realmo AI

    1137-1155 S Eastern Ave, Los Angeles, CA

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    Industrial property with development potential, easy freeway access.

    Type:INDUSTRIAL
    Property size:
    11,255 SF
    Lot size:
    0.69 Acres
    Price / SF:
    $244/SF
    Added:
    Oct 16, 2025
    Days on Market:
    239
    Last Refresh:
    May 19 at 10:43 pm

    Property Features for 1137-1155 S Eastern Ave

    General Information

    Standard status
    Active
    Size
    11,255 SF
    Lot size
    0.69 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Michael Chang

    Listing agent Michael Chang

    Listing office Top Properties Corporation

    Listing date Oct 16, 2025

    Source Moodyscre

    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 Top Properties Corporation

    HighLights

    • Development potential for your next project.
    • Located in an Opportunity Zone, offering potential tax benefits.
    • Easy access to the 710 & 5 Freeways.
    • Ideal for an owner/user or as an investment property.
    • Large metal shed structure on site.
    • Includes a wood/stucco office building.

    Overview

    This industrial property is located in an Opportunity Zone and offers development potential for an owner/user or investor. The property consists of a large metal shed structure and a wood/stucco office building. It provides easy access to the 710 and 5 Freeways. The property size is 11255 square feet.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $213.4k $18.96
    − Vacancy −$13.7k −$1.21
    EGI $199.7k $17.75
    − OpEx −$30.0k −$2.66
    NOI $169.8k $15.08
    11,255 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.43M
    $2.12M – $2.83M (±1% cap)
    NOI $169,777 @ 7.0% cap · market cap 6.17%
    Second Best
    Industrial
    $2.00M
    $1.75M – $2.33M (±1% cap)
    NOI $139,816 @ 7.0% cap · market cap 5.08%
    Theoretical Best
    Multifamily LT 5
    $228.02M
    $199.52M – $266.02M (±1% cap)
    NOI $15,961,368 @ 7.0% cap · market cap 580.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

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    • Rigos Moving & Storage, Inc. — 4385 E Olympic Blvd, Los Angeles, CA 90023

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.174
    Latitude
    34.0199

    FAQs

    What type of property is this?
    Warehouse - Industrial property with development potential, easy freeway access.
    Where is this warehouse located?
    The property is located at 1137-1155 S Eastern Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: Development potential for your next project.; Located in an Opportunity Zone, offering potential tax benefits.; Easy access to the 710 & 5 Freeways.
    (323) 235-5050 Call to check price and availability
    More about this property
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