Warehouse with Fenced
13012 S Spring St Los Angeles, CA 90061
For Sale
Contact for pricing
Warehouse offering high ceilings, multiple loading positions, and two gated fenced yards with a 2023 roof overlay.
Property Size18,480 SF
Price / SF$351.46
Days on Market32
Property Features for 13012 S Spring St
General Information
Standard status
Active
Size
18,480 SF
Property subtype
INDUSTRIAL
Listing Agency:
OKULA Commercial
(310) 350-7567
Listed By:
Robert Okula
(310) 350-7567
Source:
Moodyscre
Added: Jun 29
Changed: Jul 26
Last Checked: Jul 29 at 2:22PM
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 OKULA Commercial
Investment Insights
Based on property information with market context.
This warehouse includes high-clearance space with ceilings approximately 26 feet tall, plus three dock-high and grade-level loading positions. The property features two fenced yards secured with electronic gates, providing controlled outdoor staging options. Improvements include an entire new roof overlay completed in 2023 and more than $100,000 in recent refurbishments. A bonus 5,473-square-foot mezzanine is provided at no additional cost.
The property is located at 13012 S Spring St in Los Angeles, CA 90061, and is well-suited for users who want both improved building condition and secured yard space for operations.
With its loading configuration, gated yards, and newly updated roof, the space is positioned to support practical logistics and storage needs while offering additional mezzanine area.
The property is located at 13012 S Spring St in Los Angeles, CA 90061, and is well-suited for users who want both improved building condition and secured yard space for operations.
With its loading configuration, gated yards, and newly updated roof, the space is positioned to support practical logistics and storage needs while offering additional mezzanine area.
Key Highlights
- Lowest lease rate of $0.98 PSF for the 1st year with no CAM fees
- High ceilings up to +26' with 3 DH and GL loading positions
- Two fenced yards with electronic gates
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 | $350.4k | $18.96 |
| − Vacancy | −$22.4k | −$1.21 |
| EGI | $328.0k | $17.75 |
| − OpEx | −$49.2k | −$2.66 |
| NOI | $278.8k | $15.08 |
18,480 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.98M
$3.48M – $4.65M
NOI $278,763 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$374.39M
$327.59M – $436.79M
NOI $26,207,559 @ 7.0% cap · market cap 403.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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- Nova Storage — 13129 S Figueroa St, Los Angeles, CA 90061
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offering high ceilings, multiple loading positions, and two gated fenced yards with a 2023 roof overlay.
Where is this warehouse located?
The property is located at 13012 S Spring St Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,495,000.
What are key features of this property?
This property features: Lowest lease rate of $0.98 PSF for the 1st year with no CAM fees; High ceilings up to +26' with 3 DH and GL loading positions; Two fenced yards with electronic gates
