Two-Unit Flex
For Sale
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11819 Goldring Rd, Arcadia, CA 91006
Industrial condominium with office improvements, a grade-level loading door, and divisible configuration.
Property Size3,119 SF
Price / SF$485.16
Days on Market42
Property Features for 11819 Goldring Rd
General Information
Standard status
Active
Size
3,119 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
15 ft
Office Build-Out
400 SF
Drive-In Doors
1
Building Details
Stories
2
Listing Agency:
GM Properties, Inc.
(562) 697-5000
Listed By:
Harry Lu
(562) 762-3118
Source:
Moodyscre
Added: Jul 23
Changed: Sep 2
Last Checked: Sep 1 at 8:52PM
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 GM Properties, Inc.
Investment Insights
Based on property information with market context.
This industrial condominium contains 3,119 square feet with 400 square feet of office area arranged across two stories. The property includes one grade-level door and 15-foot clear height, supporting a combination of office and industrial functions.
The interior is configured as two separate units, identified as Units F and G. The adjoining wall can be filled to combine the spaces, providing flexibility for an owner or occupant seeking either separated or unified operations. The property is located on Goldring Road in Arcadia, California.
The interior is configured as two separate units, identified as Units F and G. The adjoining wall can be filled to combine the spaces, providing flexibility for an owner or occupant seeking either separated or unified operations. The property is located on Goldring Road in Arcadia, California.
Key Highlights
- 3,119‑square‑foot industrial condominium
- 400 SF of office space arranged over 2 stories
- 1 grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,179
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,363,580
$1.4M
Cap Rate 7%
$973,986
$974.0K
Cap Rate 9%
$757,544
$757.5K
Market Conditions
NOI Build-Up for 3,119 SF
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.
Gross rent
$119.8K $38.40/SF
− Vacancy
−$28.9K −$9.25/SF
EGI
$90.9K $29.15/SF
− OpEx
−$22.7K −$7.29/SF
NOI
$68.2K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,363,580
Cap Rate 7%
$973,986
Cap Rate 9%
$757,544
Alternative Uses
Best Use
Office B
$974.0K
$852.2K – $1.14M
NOI $68,179 @ 7.0% cap · market cap 4.51%
Second Best
Industrial
$520.7K
$455.6K – $607.5K
NOI $36,449 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,893 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91006, CA
31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condominium with office improvements, a grade-level loading door, and divisible configuration.
Where is this flex space located?
The property is located at 11819 Goldring Rd Arcadia, CA.
What is the asking price?
The asking price for this property is $1,513,200.
What are key features of this property?
This property features: 3,119‑square‑foot industrial condominium; 400 SF of office space arranged over 2 stories; 1 grade‑level door
