3030 Fletcher Dr Los Angeles, CA
Street-to-street property with bow truss roof in Glassell Park.
Property Features for 3030 Fletcher Dr
General Information
- Standard status
- Active
- Size
- 22,856 SF
- Lot size
- 1.14 Acres
- Property subtype
- INDUSTRIAL
Listing office Colliers (818) 334-1900
Listing date Jan 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 Colliers
Investment Insights
Based on property information with market context.
Key Highlights
- Rare street‑to‑street property in desirable Glassell Park/Atwater Village neighborhood.
- High clear warehouse areas with impressive bow truss roof (up to 28').
- Immediate access to 2 and 5 Freeways; proximate to 110 and 134 Freeways.
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 | $433.3k | $18.96 |
| − Vacancy | −$27.7k | −$1.21 |
| EGI | $405.6k | $17.75 |
| − OpEx | −$60.8k | −$2.66 |
| NOI | $344.8k | $15.08 |
Alternative Uses
Property Analytics
Current Use by Public Records
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