Industrial Building with Fenced
For Sale
$3,155,820
811 E 14th Place, Los Angeles, CA 90021
Freestanding industrial building featuring office space, loading doors, and parking.
Property Size10,590 SF
Days on Market294
Property Features for 811 E 14th Place
General Information
Standard status
Active
Size
10,590 SF
Property subtype
Industrial
Building Details
Building Size
10,590 SF
Year Built
1948
Listed By:
Justin Smith, SIOR · License #CalDRE #01504494
(949) 400-4786
Source:
Lee-associates
Added: Nov 24, 2025
Changed: Sep 8
Last Checked: Sep 13 at 6:38AM
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 Justin Smith, SIOR
Investment Insights
Based on property information with market context.
This freestanding industrial building offers 1,500 square feet of office space. The property features three grade-level loading doors and fenced parking. The building has a ceiling height of 18 feet and provides immediate access to the 10 Freeway. The total property size is 10,590 square feet.
Key Highlights
- Free Standing Building
- Immediate Access to 10 Fwy
- Benefit from Three Grade Level Loading Doors
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
$159,746
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
5.06%
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%
$3,194,920
$3.2M
Cap Rate 7%
$2,282,086
$2.3M
Cap Rate 9%
$1,774,956
$1.8M
Market Conditions
NOI Build-Up for 10,590 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
$200.8K $18.96/SF
− Vacancy
−$12.9K −$1.21/SF
EGI
$187.9K $17.75/SF
− OpEx
−$28.2K −$2.66/SF
NOI
$159.7K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
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%
$3,194,920
Cap Rate 7%
$2,282,086
Cap Rate 9%
$1,774,956
Alternative Uses
Best Use
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,746 @ 7.0% cap · market cap 5.06%
Second Best
Industrial
$1.88M
$1.64M – $2.19M
NOI $131,555 @ 7.0% cap · market cap 4.17%
Theoretical Best
Multifamily LT 5
$214.55M
$187.73M – $250.30M
NOI $15,018,293 @ 7.0% cap · market cap 475.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,884
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90021, CA
5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Similar Off Market Nearby
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- Trinity Logistics — 1996 Long Beach Ave, Los Angeles, CA 90058
- Movers of Los Angeles — 1621 Hooper Ave., Los Angeles, CA 90021
- Easy Packing — 1100 E 16th St unit c, Los Angeles, CA 90021
- Fort Self Storage — 1651 S Central Ave, Los Angeles, CA 90021
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial building featuring office space, loading doors, and parking.
Where is this warehouse located?
The property is located at 811 E 14th Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,155,820.
What are key features of this property?
This property features: Free Standing Building; Immediate Access to 10 Fwy; Benefit from **Three Grade Level Loading Doors**
