Two-Building Warehouse
11640 Hart St North Hollywood, CA 91605
For Sale
Contact for pricing
Two-building warehouse complex with a large front hangar and a rear metal building with 17'–20' clear height.
Property Size34,663 SF
Price / SF$226.41
Days on Market94
Property Features for 11640 Hart St
General Information
- Standard status
- Active
- Size
- 34,663 SF
- Property subtype
- Industrial
Listing Agency:
Colliers - Los Angels - Glendale, California
Listed By:
David Harding · License #CA 01049696
Source:
Crexi
Added: Apr 22
Changed: Jul 23
Last Checked: Jul 24 at 3:28PM
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 Colliers - Los Angels - Glendale, California
Investment Insights
Based on property information with market context.
The property is a two-building warehouse complex consisting of a front hangar building and a rear metal building. The front building contains 24,675 SF, and the rear building contains 9,988 SF. The rear building offers clear height of 17' to 20' and is not sprinklered. Office A/C is provided via a wall unit.
The asset is located at 11640 Hart St, North Hollywood, CA 91605.
The configuration supports warehouse operations across two separate structures, with the rear building’s higher clear height and metal construction offering flexibility for storage or light industrial use within the existing improvements.
The asset is located at 11640 Hart St, North Hollywood, CA 91605.
The configuration supports warehouse operations across two separate structures, with the rear building’s higher clear height and metal construction offering flexibility for storage or light industrial use within the existing improvements.
Key Highlights
- Two‑building warehouse complex: 24,675 SF front hangar and 9,988 SF rear metal building
- Rear building offers 17'–20' clear height
- Rear building has no sprinklers
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 | $557.4k | $16.08 |
| − Vacancy | −$26.8k | −$0.77 |
| EGI | $530.6k | $15.31 |
| − OpEx | −$79.6k | −$2.30 |
| NOI | $451.0k | $13.01 |
34,663 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.44M
$5.64M – $7.52M
NOI $451,033 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.56M
$16.24M – $21.65M
NOI $1,299,090 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Extra Space Storage — 11423 Vanowen St, North Hollywood, CA 91605
- Extra Space Storage — 6880 Troost Ave, North Hollywood, CA 91605
- 101 Storage — 4647 Laurel Canyon Blvd, North Hollywood, CA 91607
- Noho Refrigerator Llc — Los Angeles, CA 91605
- Acclaimed Movers And Storage — 12204 Sherman Way, North Hollywood, CA 91605
FAQs
What type of property is this?
Warehouse - Two-building warehouse complex with a large front hangar and a rear metal building with 17'–20' clear height.
Where is this warehouse located?
The property is located at 11640 Hart St North Hollywood, CA.
What is the asking price?
The asking price for this property is $7,848,000.
What are key features of this property?
This property features: Two‑building warehouse complex: 24,675 SF front hangar and 9,988 SF rear metal building; Rear building offers 17'–20' clear height; Rear building has no sprinklers
