Vernon Warehouse with Secured
5008 S Boyle Ave Los Angeles, CA 90058
5008 S Boyle Ave, Los Angeles, CA, 90058
$23,900,000
For Sale
$23,900,000
Large warehouse with secured yard in Vernon, California.
Property Size129,269 SF
Price / SF$184.89
Days on Market237
Property Features for 5008 S Boyle Ave
General Information
- Standard status
- Active
- Size
- 129,269 SF
- Property subtype
- Industrial
Listing agency
Lee & Associates - Los Angeles - Central
(323) 767-2113
Listed by
Jim Halferty · License #CalDRE #01212024
Source
Lee-associates
Added: Nov 26, 2025 Updated: Jul 10 at 11:58AM Checked: Jul 21 at 5:04AM
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 - Los Angeles - Central
Investment Insights
Based on property information with market context.
This warehouse property, located in Vernon, California, offers a total area of 129,269 square feet. It features 16 dock-high positions along a 150-foot exterior dock. The interior provides clearances ranging from 14 to 16 feet. The property includes a large, secured yard and heavy power, supplied by two panels providing 2,500 amps. The building incorporates a sawtooth roof design, allowing for ample natural light. Approximately 9,165 square feet of the space is dedicated to attractive, air-conditioned office space. The property's location in the City of Vernon is strategic, and the large parcel presents potential for future development.
Key Highlights
- 150’ Exterior Dock with 16 Dock High Positions
- Rare Large Parcel for Potential Development
- Heavy Power - 2 Panels; 2,500 Amps
Local 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 | $2.45M | $18.96 |
| − Vacancy | −$156.9k | −$1.21 |
| EGI | $2.29M | $17.75 |
| − OpEx | −$344.1k | −$2.66 |
| NOI | $1.95M | $15.08 |
129,269 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$27.86M
$24.37M – $32.50M
NOI $1,949,968 @ 7.0% cap · market cap 8.16%
Second Best
Industrial
$22.94M
$20.07M – $26.76M
NOI $1,605,856 @ 7.0% cap · market cap 6.72%
Theoretical Best
Multifamily LT 5
$2,618.91M
$2,291.55M – $3,055.40M
NOI $183,323,863 @ 7.0% cap · market cap 767.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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- Unicold Corporation — 4339 Fruitland Ave, Vernon, CA 90058
FAQs
What type of property is this?
Warehouse - Large warehouse with secured yard in Vernon, California.
Where is this warehouse located?
The property is located at 5008 S Boyle Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $23,900,000.
What are key features of this property?
This property features: 150’ Exterior Dock with 16 Dock High Positions; Rare Large Parcel for Potential Development; Heavy Power - 2 Panels; 2,500 Amps
