Produce Warehouse with
1825 E 22nd St Los Angeles, CA
For Sale
Contact for pricing
Warehouse near Washington & Alameda with cooler and parking.
Property Size27,000 SF
Lot Size1.45 Acres
Price / SF$518.52
Days on Market1089
Property Features for 1825 E 22nd St
General Information
- Standard status
- Active
- Size
- 27,000 SF
- Lot size
- 1.45 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
LA Realty Advisors
(310) 877-0888
Listed By:
Kai Chon
Source:
Moodyscre
Added: Jul 31, 2023
Changed: Jul 6
Last Checked: Jul 21 at 5:59AM
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 LA Realty Advisors
Investment Insights
Based on property information with market context.
This warehouse property features a 12,000-square-foot cooler, divided into four 3,000-square-foot sections. Located in Downtown Los Angeles near Washington (22nd St) and Alameda St, the property is suitable for produce, cannabis, or manufacturing operations requiring a large employee base. It includes heavy power and a bonus 9,000-square-foot canopy area for outdoor storage. The property also features a large gated yard and trailer parking. The total property size is 27,000 square feet.
Key Highlights
- 12,000 SF Cooler: Four sections at 3,000 SF each.
- Heavy power, ready for your operations.
- Huge gated yard and trailer parking available.
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 | $511.9k | $18.96 |
| − Vacancy | −$32.8k | −$1.21 |
| EGI | $479.2k | $17.75 |
| − OpEx | −$71.9k | −$2.66 |
| NOI | $407.3k | $15.08 |
27,000 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.82M
$5.09M – $6.79M
NOI $407,284 @ 7.0% cap · market cap 2.91%
Second Best
Industrial
$4.79M
$4.19M – $5.59M
NOI $335,410 @ 7.0% cap · market cap 2.40%
Theoretical Best
Multifamily LT 5
$547.00M
$478.63M – $638.17M
NOI $38,290,265 @ 7.0% cap · market cap 273.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Alday's Cold Storage Inc. — E 24th St, Los Angeles, CA 90058
- Crozier Fine Arts — 2031 E 27th St, Vernon, CA 90058
- Turner Storage Facility — 1680 E 40th Pl, Los Angeles, CA 90011
- Receiving Warehouse — 2440 E 38th St, Vernon, CA 90058
- Oz Moving & Storage - Los Angeles Movers — 1797 E Martin Luther King Jr Blvd, Los Angeles, CA 90058
FAQs
What type of property is this?
Warehouse - Warehouse near Washington & Alameda with cooler and parking.
Where is this warehouse located?
The property is located at 1825 E 22nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: 12,000 SF Cooler: Four sections at 3,000 SF each.; Heavy power, ready for your operations.; Huge gated yard and trailer parking available.
