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    Sun Valley Industrial Multi-Tenant Property Title is generated by Realmo AI

    11144 Penrose St, Sun Valley, CA

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    Industrial property featuring multiple units and freeway access in Sun Valley.

    Type:INDUSTRIAL
    Property size:
    64,610 SF
    Lot size:
    2.91 Acres
    Price / SF:
    $232/SF
    Added:
    Dec 9, 2024
    Days on Market:
    567
    Last Refresh:
    May 20 at 9:31 pm

    Property Features for 11144 Penrose St

    General Information

    Standard status
    Active
    Size
    64,610 SF
    Lot size
    2.91 Acres
    Property subtype
    INDUSTRIAL

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    Adam Stout
    Adam Stout

    Listing office Delphi Business Properties, Inc.

    Listing date Dec 9, 2024

    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 Delphi Business Properties, Inc.

    HighLights

    • 11 Multi‑Tenant Units
    • Immediate 5 Freeway Access
    • Features 3 Separate Buildings
    • Property includes 3 Access Points

    Overview

    This industrial property in Sun Valley, California, features 11 multi-tenant units across 3 separate buildings. The property benefits from 3 access points and immediate access to the 5 Freeway. The total property size is 64,610 square feet.

    Local Financial Insights For Industrial

    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 $1.23M $18.96
    − Vacancy −$78.4k −$1.21
    EGI $1.15M $17.75
    − OpEx −$344.0k −$5.32
    NOI $802.6k $12.42
    64,610 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $11.47M
    $10.03M – $13.38M (±1% cap)
    NOI $802,624 @ 7.0% cap · market cap 5.35%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $1,308.96M
    $1,145.34M – $1,527.12M (±1% cap)
    NOI $91,627,187 @ 7.0% cap · market cap 610.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Sun Valley
    County
    Los Angeles
    State
    California
    Longitude
    -118.247
    Latitude
    33.9698

    FAQs

    What type of property is this?
    Industrial property - Industrial property featuring multiple units and freeway access in Sun Valley.
    Where is this industrial property located?
    The property is located at 11144 Penrose St Sun Valley, CA.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: 11 Multi‑Tenant Units; Immediate 5 Freeway Access; Features 3 Separate Buildings
    (626) 437-4955 Call to check price and availability
    More about this property
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