3109 E 11th Street Los Angeles, CA 90023
5,410 SF building in Boyle Heights industrial area.
Property Features for 3109 E 11th Street
General Information
- Standard status
- Active
- Size
- 5,410 SF
Building Details
- Year Built
- 1954
Listing office ED KOENIG IRE
Listing date Apr 27, 2025
Source Corcoran
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 ED KOENIG IRE
Investment Insights
Based on property information with market context.
Key Highlights
- Ideal for owner‑user in the Boyle Heights industrial area.
- Expansive lot provides ample storage space and off‑street parking.
- Three roll‑up doors (two facing 11th Street) for versatile access.
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 | $102.6k | $18.96 |
| − Vacancy | −$6.6k | −$1.21 |
| EGI | $96.0k | $17.75 |
| − OpEx | −$14.4k | −$2.66 |
| NOI | $81.6k | $15.08 |
Alternative Uses
Property Analytics
Current Use by Public Records
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