Gated-Yard Flex
For Sale
Contact for pricing
Pending
12767 Saticoy St, Los Angeles, CA 91605
CM-zoned facility with office, workshop, roll-up access, and a secured outdoor yard.
Property Size3,441 SF
Lot Size0.17 Acres
Days on Market155
Property Features for 12767 Saticoy St
General Information
Standard status
Pending
Size
3,441 SF
Lot size
0.17 Acres
Property subtype
Industrial
Zoning
CM
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
1965
Buildings
1
Stories
1
Building Size
3,441 SF
Listing Agency:
The CREM Group
Listed By:
Andrew Leff · License #CA 01865688
Source:
Crexi
Added: Mar 30
Changed: Aug 30
Last Checked: Aug 30 at 3:42PM
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 The CREM Group
Investment Insights
Based on property information with market context.
This flex property includes a 3,441-square-foot building on a 7,214-square-foot lot. The 1965 improvements combine office and workshop areas with a ground-level roll-up door and a gated yard, creating a practical layout for light industrial or manufacturing operations supported by CM zoning.
The property is located in North Hollywood at 12767 Saticoy Street, with access to the 170 and 5 freeways. Its combination of enclosed workspace, office area, loading access, and secured exterior space provides a versatile commercial facility for an owner-user.
The property is located in North Hollywood at 12767 Saticoy Street, with access to the 170 and 5 freeways. Its combination of enclosed workspace, office area, loading access, and secured exterior space provides a versatile commercial facility for an owner-user.
Key Highlights
- 3,441 SF building on a 7,214 SF lot
- CM zoning supports light industrial and manufacturing uses
- Gated yard provides secured outdoor space
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
$42,746
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
3.05%
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%
$854,920
$854.9K
Cap Rate 7%
$610,657
$610.7K
Cap Rate 9%
$474,956
$475.0K
Market Conditions
NOI Build-Up for 3,441 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
$65.2K $18.96/SF
− Vacancy
−$4.2K −$1.21/SF
EGI
$61.1K $17.75/SF
− OpEx
−$18.3K −$5.32/SF
NOI
$42.7K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
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%
$854,920
Cap Rate 7%
$610,657
Cap Rate 9%
$474,956
Alternative Uses
Best Use
Industrial
$610.7K
$534.3K – $712.4K
NOI $42,746 @ 7.0% cap · market cap 3.05%
Second Best
Flex RnD
$567.0K
$496.2K – $661.6K
NOI $39,693 @ 7.0% cap · market cap 2.84%
Theoretical Best
Multifamily LT 5
$69.71M
$61.00M – $81.33M
NOI $4,879,882 @ 7.0% cap · market cap 348.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,471
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - CM-zoned facility with office, workshop, roll-up access, and a secured outdoor yard.
Where is this flex space located?
The property is located at 12767 Saticoy St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 3,441 SF building on a 7,214 SF lot; CM zoning supports light industrial and manufacturing uses; Gated yard provides secured outdoor space
