Free Standing Industrial
For Sale
Contact for pricing
3414 Union Pacific Ave, Los Angeles, CA
Industrial building with ground level loading door, month-to-month tenant.
Property Size4,500 SF
Lot Size0.11 Acres
Price / SF$274.44
Days on Market1046
Property Features for 3414 Union Pacific Ave
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.11 Acres
Property subtype
INDUSTRIAL
Listing Agency:
TOLD Partners Inc.
(818) 466-0254
Listed By:
Adam Hall
(818) 466-0254
Source:
Moodyscre
Added: Oct 1, 2023
Changed: Jul 6
Last Checked: Aug 11 at 2:25PM
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 TOLD Partners Inc.
Investment Insights
Based on property information with market context.
This is a free-standing industrial building featuring a ground-level loading door. The property is currently occupied by a tenant on a month-to-month lease, who will vacate prior to the close of sale. The building has a total area of 4,500 square feet and is located in Los Angeles, CA.
Key Highlights
- Free standing industrial building
- Ground level loading door for easy access
- Tenant will vacate prior to close of sale, offering immediate occupancy
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
$67,881
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
5.50%
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%
$1,357,620
$1.4M
Cap Rate 7%
$969,729
$969.7K
Cap Rate 9%
$754,233
$754.2K
Market Conditions
NOI Build-Up for 4,500 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
$85.3K $18.96/SF
− Vacancy
−$5.5K −$1.21/SF
EGI
$79.9K $17.75/SF
− OpEx
−$12.0K −$2.66/SF
NOI
$67.9K $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%
$1,357,620
Cap Rate 7%
$969,729
Cap Rate 9%
$754,233
Alternative Uses
Best Use
Warehouse
$969.7K
$848.5K – $1.13M
NOI $67,881 @ 7.0% cap · market cap 5.50%
Second Best
Industrial
$798.6K
$698.8K – $931.7K
NOI $55,902 @ 7.0% cap · market cap 4.53%
Theoretical Best
Multifamily LT 5
$91.17M
$79.77M – $106.36M
NOI $6,381,711 @ 7.0% cap · market cap 516.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,068
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with ground level loading door, month-to-month tenant.
Where is this warehouse located?
The property is located at 3414 Union Pacific Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: Free standing industrial building; Ground level loading door for easy access; Tenant will vacate prior to close of sale, offering immediate occupancy
