Warehouse with Fenced
For Sale
Contact for pricing
13012 S Spring St, Los Angeles, CA 90061
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 Market123
Property Features for 13012 S Spring St
General Information
Standard status
Active
Size
18,480 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Clear Height
26 ft
Listing Agency:
OKULA Commercial
Listed By:
Robert Okula
(310) 350-7567
Source:
Moodyscre
Added: Jun 29
Changed: Oct 25
Last Checked: Oct 28 at 11:06AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$278,763
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,575,260
$5.6M
Cap Rate 7%
$3,982,329
$4.0M
Cap Rate 9%
$3,097,367
$3.1M
Market Conditions
NOI Build-Up for 18,480 SF
Gross rent
$350.4K $18.96/SF
− Vacancy
−$22.4K −$1.21/SF
EGI
$328.0K $17.75/SF
− OpEx
−$49.2K −$2.66/SF
NOI
$278.8K $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%
$5,575,260
Cap Rate 7%
$3,982,329
Cap Rate 9%
$3,097,367
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.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
26 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90061, CA
29,570
Population
8,300
Households
3.6
Avg Household Size
32
Median Age
12%
College-Educated
61%
High-School Grad
2.7 sq mi
ZIP Area
10,952
Density / Sq Mi
$60,114
Median Household Income
$34,963
Median Earnings
$1,498
Median Rent
$576,400
Median Home Value
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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?
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
