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Freestanding Office Building
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2009 E 223rd St, Carson, CA 90810

Freestanding office building with 12 offices, HVAC, and 15-foot clear height.

Property Size40,488 SF
Price / SF$345.78
Days on Market538

Property Features for 2009 E 223rd St

General Information

Standard status Active
Size 40,488 SF
Property subtype RETAIL

Site & Location

Neighborhood Dominguez

Additional Details

Clear Height 15 ft
Office Units 12
Listing Agency: Cushman & Wakefield
Listed By: Steve Bohannon
Source: Moodyscre
Added: May 12, 2025 Changed: Oct 25 Last Checked: Oct 30 at 3:13PM

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 Cushman & Wakefield

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding office building offers a total of 8,400 square feet of office space configured with 12 offices. The property includes HVAC and a 15-foot clear height. The building also features a 14'x18' GL door and a 9'x9' DH door, supporting flexible loading or access needs within the improvements.

The property is available for occupancy beginning 7/1/25. It is being offered for sale.

With its office layout, HVAC systems, and door openings, the building is positioned for organizations that need dedicated office areas along with practical on-site access.

Key Highlights

  • Freestanding office building with 12 offices and 8,400 SF total office space
  • 15‑foot clear height
  • HVAC included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$885,035
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,700,700 $17.7M
Cap Rate 7%
$12,643,357 $12.6M
Cap Rate 9%
$9,833,722 $9.8M
Market Conditions
NOI Build-Up for 40,488 SF
Gross rent
$1.55M $38.40/SF
− Vacancy
−$374.7K −$9.25/SF
EGI
$1.18M $29.15/SF
− OpEx
−$295.0K −$7.29/SF
NOI
$885.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,700,700
Cap Rate 7%
$12,643,357
Cap Rate 9%
$9,833,722

Alternative Uses

Best Use
Office B
$12.64M
$11.06M – $14.75M (±1% cap)
NOI $885,035 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.68M
$18.97M – $25.29M (±1% cap)
NOI $1,517,398 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15 ft
Clear height
12
Office units

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

Demographics for 90810, CA

38,529
Population
10,294
Households
3.7
Avg Household Size
37
Median Age
21%
College-Educated
76%
High-School Grad
6.5 sq mi
ZIP Area
5,928
Density / Sq Mi
$82,222
Median Household Income
$39,397
Median Earnings
$1,554
Median Rent
$594,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building with 12 offices, HVAC, and 15-foot clear height.
Where is this office building located?
The property is located at 2009 E 223rd St Carson, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: Freestanding office building with 12 offices and 8,400 SF total office space; 15‑foot clear height; HVAC included
(310) 729-6957 · Office Call to check price and availability
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