Free Standing Los Angeles
For Sale
$1,987,200
4892 Huntington Dr, Los Angeles, CA 90032
Free standing, fully air conditioned building in Los Angeles.
Property Size8,832 SF
Price / SF$225
Days on Market263
Property Features for 4892 Huntington Dr
General Information
Standard status
Active
Size
8,832 SF
Property subtype
Industrial
Building Details
Building Size
8,832 SF
Listing Agency:
Lee & Associates
(323) 767-2105
Listed By:
Mollie Dietsch · License #CalDRE #00899320
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 14
Last Checked: Aug 16 at 4:29AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This is a free standing building located in Los Angeles. The property is fully air conditioned and currently occupied on a month-to-month basis for general merchandise. The building includes private parking for 4 cars in the rear, with ample street parking available in front. The property has a size of 8832 square feet.
Key Highlights
- Free standing building offers independence and privacy.
- Benefit from 4 car private parking.
- Fully air conditioned for year‑round comfort.
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
$133,227
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
6.70%
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%
$2,664,540
$2.7M
Cap Rate 7%
$1,903,243
$1.9M
Cap Rate 9%
$1,480,300
$1.5M
Market Conditions
NOI Build-Up for 8,832 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
$167.5K $18.96/SF
− Vacancy
−$10.7K −$1.21/SF
EGI
$156.7K $17.75/SF
− OpEx
−$23.5K −$2.66/SF
NOI
$133.2K $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%
$2,664,540
Cap Rate 7%
$1,903,243
Cap Rate 9%
$1,480,300
Alternative Uses
Best Use
Warehouse
$1.90M
$1.67M – $2.22M
NOI $133,227 @ 7.0% cap · market cap 6.70%
Second Best
Industrial
$1.57M
$1.37M – $1.83M
NOI $109,716 @ 7.0% cap · market cap 5.52%
Theoretical Best
Multifamily LT 5
$178.93M
$156.56M – $208.75M
NOI $12,525,171 @ 7.0% cap · market cap 630.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 4583 Huntington Dr S, Los Angeles, CA 90032
Frequently Asked Questions
What type of property is this?
Warehouse - Free standing, fully air conditioned building in Los Angeles.
Where is this warehouse located?
The property is located at 4892 Huntington Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,987,200.
What are key features of this property?
This property features: Free standing building offers independence and privacy.; Benefit from 4 car private parking.; Fully air conditioned for year‑round comfort.
