North Hollywood Industrial
For Sale
$1,950,000
Pending
7331 Hinds Ave, Los Angeles, CA 91605
Industrial/manufacturing/warehouse building with high power and gated yard.
Property Size4,608 SF
Lot Size0.18 Acres
Days on Market314
Property Features for 7331 Hinds Ave
General Information
Standard status
Pending
Size
4,608 SF
Lot size
0.18 Acres
Property subtype
Industrial
Building Details
Building Size
4,608 SF
Year Built
1987
Listed By:
Chuck Azzuz
(818) 779-8603
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 29
Last Checked: Oct 7 at 1:18PM
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 Chuck Azzuz
Investment Insights
Based on property information with market context.
Located in North Hollywood, the property at 7331 Hinds Avenue is available for sale. Constructed in 1987, the building is zoned M1 and features a gated front yard. It is situated approximately half a mile from the 170 Freeway's Sherman Way on-ramp and off-ramp, and about 1 mile from Burbank Airport. The property includes one loading door and a 14-foot clear height, accommodating various industrial and entertainment operations. The power supply is 600 amps at 240V, 3-phase, 4-wire, suitable for industrial, manufacturing, and warehouse purposes.
Key Highlights
- High‑power: 600 amps of 240V, 3‑phase, 4‑wire
- Zoned M1 for industrial/manufacturing/warehouse use
- Convenient location: Half a mile from 170 Freeway / Sherman Way On‑ramp and Off‑Ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,510
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,200
$1.4M
Cap Rate 7%
$993,000
$993.0K
Cap Rate 9%
$772,333
$772.3K
Market Conditions
NOI Build-Up for 4,608 SF
Gross rent
$87.4K $18.96/SF
− Vacancy
−$5.6K −$1.21/SF
EGI
$81.8K $17.75/SF
− OpEx
−$12.3K −$2.66/SF
NOI
$69.5K $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 Rate 5%
$1,390,200
Cap Rate 7%
$993,000
Cap Rate 9%
$772,333
Alternative Uses
Best Use
Warehouse
$993.0K
$868.9K – $1.16M
NOI $69,510 @ 7.0% cap · market cap 3.56%
Second Best
Industrial
$817.8K
$715.5K – $954.1K
NOI $57,243 @ 7.0% cap · market cap 2.94%
Theoretical Best
Multifamily LT 5
$93.36M
$81.69M – $108.91M
NOI $6,534,872 @ 7.0% cap · market cap 335.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,513
Businesses Nearby
Explore this area
Business Placement
Demographics for 91605, CA
54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial/manufacturing/warehouse building with high power and gated yard.
Where is this manufacturing property located?
The property is located at 7331 Hinds Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: High‑power: 600 amps of 240V, 3‑phase, 4‑wire; Zoned M1 for industrial/manufacturing/warehouse use; Convenient location: Half a mile from 170 Freeway / Sherman Way On‑ramp and Off‑Ramp
