Warehouse with Office and
For Sale
$12,035,100
2801 12th St., Los Angeles, CA 90023
Multi-purpose warehouse with dock-high loading, ramp access, and office space, supported by front parking.
Property Size68,772 SF
Price / SF$175
Days on Market48
Property Features for 2801 12th St.
General Information
Standard status
Active
Size
68,772 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Clear Height
26 ft
Listing Agency:
PRODUCRE, INC
(559) 638-3651
Listed By:
Karina Saranovic Wukelic (info@producre.com)
Source:
Valleyland
Added: Jul 7
Changed: Aug 14
Last Checked: Aug 23 at 6:29AM
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 PRODUCRE, INC
Investment Insights
Based on property information with market context.
This warehouse property features a bow truss-lined structure with clear heights of 16 to 26 feet. The building includes convenient parking along the front, and it is supported by a large yard equipped with dock-high loading and ramp accessibility for efficient truck and container deliveries. In addition to the warehouse and yard, the property includes a spacious interior showroom and flexible office configurations, with exterior presentation that includes exposed brick.
The address is 2801 E. 12th St. in Los Angeles (Boyle Heights). The site is described as being in close proximity to Downtown LA and the Arts District, with access to arterial roads including Soto St., Washington Blvd., and Olympic Blvd. Major freeways listed in the remarks include I-10, I-110, I-5, and I-101.
For buyers seeking an operations-focused facility, the combination of dock-high loading, ramp access, and front-of-building parking supports a range of distribution and logistics needs. The included showroom and adaptable office space can also help accommodate companies that require both warehousing and customer-facing or administrative space in the same facility.
The address is 2801 E. 12th St. in Los Angeles (Boyle Heights). The site is described as being in close proximity to Downtown LA and the Arts District, with access to arterial roads including Soto St., Washington Blvd., and Olympic Blvd. Major freeways listed in the remarks include I-10, I-110, I-5, and I-101.
For buyers seeking an operations-focused facility, the combination of dock-high loading, ramp access, and front-of-building parking supports a range of distribution and logistics needs. The included showroom and adaptable office space can also help accommodate companies that require both warehousing and customer-facing or administrative space in the same facility.
Key Highlights
- 68,772 SF warehouse at 2801 E. 12th St., Los Angeles, CA 90023 (Boyle Heights)
- Bow truss‑lined building with 16’-26’ clearance heights
- Dock‑high loading plus ramp accessibility for truck and container deliveries
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
$1,037,396
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
8.62%
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%
$20,747,920
$20.7M
Cap Rate 7%
$14,819,943
$14.8M
Cap Rate 9%
$11,526,622
$11.5M
Market Conditions
NOI Build-Up for 68,772 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
$1.30M $18.96/SF
− Vacancy
−$83.5K −$1.21/SF
EGI
$1.22M $17.75/SF
− OpEx
−$183.1K −$2.66/SF
NOI
$1.04M $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%
$20,747,920
Cap Rate 7%
$14,819,943
Cap Rate 9%
$11,526,622
Alternative Uses
Best Use
Warehouse
$14.82M
$12.97M – $17.29M
NOI $1,037,396 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1,393.28M
$1,219.12M – $1,625.49M
NOI $97,529,560 @ 7.0% cap · market cap 810.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
26 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,955
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Multi-purpose warehouse with dock-high loading, ramp access, and office space, supported by front parking.
Where is this warehouse located?
The property is located at 2801 12th St. Los Angeles, CA.
What is the asking price?
The asking price for this property is $12,035,100.
What are key features of this property?
This property features: 68,772 SF warehouse at 2801 E. 12th St., Los Angeles, CA 90023 (Boyle Heights); Bow truss‑lined building with 16’-26’ clearance heights; Dock‑high loading plus ramp accessibility for truck and container deliveries
