Industrial Building in Opportunity
770 E 17th St Los Angeles, CA 90021
For Sale
$1,150,000
3,283 SF industrial building with office space and secure parking.
Property Size3,283 SF
Price / SF$350.29
Days on Market140
Property Features for 770 E 17th St
General Information
- Standard status
- Active
- Size
- 3,283 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1990
Listing Agency:
Lee & Associates - LA North - Calabasas
(818) 444-4919
Listed By:
Eugene Kim · License #CalDRE #01521416
Source:
Lee-associates
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 24 at 5:18AM
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 - LA North - Calabasas
Investment Insights
Based on property information with market context.
The property is an approximately 3,283 square foot industrial building located in Los Angeles. It features a 15 foot 2 inch clearance, a 12 foot high by 10 foot wide roll-up gate, and approximately 350 square feet of office space. The property is located in an Opportunity Zone. It is fenced and secured, and includes two car parking spaces, with ample street parking available. The building offers quick access to the 10 Freeway.
Key Highlights
- Quick Access to 10 Freeway
- Approximately 3,283 SF Industrial Building
- Fenced and Secured
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 | $62.2k | $18.96 |
| − Vacancy | −$4.0k | −$1.21 |
| EGI | $58.3k | $17.75 |
| − OpEx | −$8.7k | −$2.66 |
| NOI | $49.5k | $15.08 |
3,283 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$707.5K
$619.0K – $825.4K
NOI $49,523 @ 7.0% cap · market cap 4.31%
Second Best
Industrial
$582.6K
$509.8K – $679.7K
NOI $40,783 @ 7.0% cap · market cap 3.55%
Theoretical Best
Multifamily LT 5
$66.51M
$58.20M – $77.60M
NOI $4,655,813 @ 7.0% cap · market cap 404.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Futuron Co.
Clothing & Fashion Store
Similar Off Market Nearby
- El Guero Food truck — 1013 crocker st, los angeles, ca 90021
- Four Seasons Catering — 1300 San Pedro St Suite 210, Los Angeles, CA 90015
- Caters 4 you — 796 E 14th Pl, Los Angeles, CA 90021
- Green Grace LA — 1225 E Washington Blvd Suite A, Los Angeles, CA 90021
- Picky Doggy Food Trucks — 406 E 12th St, Los Angeles, CA 90015
FAQs
What type of property is this?
Flex space - 3,283 SF industrial building with office space and secure parking.
Where is this flex space located?
The property is located at 770 E 17th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Quick Access to 10 Freeway; Approximately 3,283 SF Industrial Building; Fenced and Secured
