Free Standing Building with
3300 S Broadway & 119 W Jefferson Blvd Los Angeles, CA
3300 S Broadway & 119 W Jefferson Blvd, Los Angeles, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Freestanding building with gated parking lot near USC and Downtown.
Property Size16,000 SF
Lot Size0.52 Acres
Price / SF$270
Days on Market766
Property Features for 3300 S Broadway & 119 W Jefferson Blvd
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Lot size
- 0.52 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Park Industrial Realty
(213) 446-0396
Listed by
Daniel Park
(213) 446-0396
Source
Moodyscre
Added: Jun 18, 2024 Updated: Jul 6 at 9:08AM Checked: Jul 21 at 6:31AM
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 Park Industrial Realty
Investment Insights
Based on property information with market context.
This is a free-standing building featuring a gated parking lot. The property is located close to USC and Downtown Los Angeles. It includes deluxe offices, showrooms, and meeting rooms. There is parking space for 13 cars with an automatic gate. The building is divisible into 2 units. The property size is 16000 square feet.
Key Highlights
- Free standing building.
- 13 car parking with automatic gate.
- Close to USC, Downtown LA.
Local Financial Insights For Office B
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 | $622.1k | $38.88 |
| − Vacancy | −$115.7k | −$7.23 |
| EGI | $506.4k | $31.65 |
| − OpEx | −$126.6k | −$7.91 |
| NOI | $379.8k | $23.74 |
16,000 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.43M
$4.75M – $6.33M
NOI $379,780 @ 7.0% cap · market cap 8.79%
Second Best
Retail
$5.30M
$4.64M – $6.19M
NOI $371,315 @ 7.0% cap · market cap 8.60%
Theoretical Best
Multifamily LT 5
$324.15M
$283.63M – $378.18M
NOI $22,690,528 @ 7.0% cap · market cap 525.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nooy
Tattoo & Piercing Shop
ATM
Atm
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 3821 W Jefferson Blvd, Los Angeles, CA 90016, United States
- Public Storage — 3770 Crenshaw Blvd, Los Angeles, CA 90016
- Self Storage — 2420 7th ave, los angeles, ca 90018
- Nearby Self Storage Units - Los Angeles , California — 3816 W Jefferson Blvd, Los Angeles, CA 90016
FAQs
What type of property is this?
Warehouse - Freestanding building with gated parking lot near USC and Downtown.
Where is this warehouse located?
The property is located at 3300 S Broadway & 119 W Jefferson Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,320,000.
What are key features of this property?
This property features: Free standing building.; 13 car parking with automatic gate.; Close to USC, Downtown LA.
