Gated Flex Space with Freight
For Sale
$1,400,000
1303 W Anaheim St, Wilmington, CA 90744
C2-zoned flex property with office space, freight access, gated security, and polished concrete flooring.
Property Size5,100 SF
Lot Size0.14 Acres
Price / SF$274.51
Days on Market174
Property Features for 1303 W Anaheim St
General Information
Standard status
Active
Size
5,100 SF
Total Parking Spaces
3
Lot size
0.14 Acres
Zoning
C2
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
17 ft
Office Build-Out
700 SF
Power
800 amps
Additional Details
Office Units
2
Amenities
polished cement floors
fully gated
ADT alarm
security door
two ADA-compliant restrooms
internet ready
modern design
mural by Muckrock
exterior spotlighting
newer 800-amp electrical panel
Building Details
Year Built
1946
Buildings
1
Building Size
5,100 SF
Listing Agency:
Keller Williams Palos Verdes
Listed By:
Stefani Coughlin · License #00778233
(310) 544-6100
Source:
Myfabuloushome
Added: Apr 24
Changed: Sep 15
Last Checked: Oct 7 at 3:37PM
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 Keller Williams Palos Verdes
Investment Insights
Based on property information with market context.
This C2-zoned flex property includes a 5,100-square-foot building with two office areas totaling 700 square feet. The facility offers 17-foot-plus ceilings, two 14-foot roll-up freight doors, polished concrete floors, two ADA-compliant restrooms, and a newer 800-amp electrical panel. Three large vehicle parking spaces are accessible from the alley, while the property is fully gated and equipped with an ADT alarm and security door.
The corner through lot has street exposure on two sides and alley access on a third. The property sits one block east of CA 110 and is located several blocks from the Port of Los Angeles, with the Port of Long Beach approximately 5 miles away. Exterior features include a contemporary design, spotlighting, and a mural by Muckrock. Wilmington’s walk, bike, and transit scores are 68, 54, and 50, respectively.
The corner through lot has street exposure on two sides and alley access on a third. The property sits one block east of CA 110 and is located several blocks from the Port of Los Angeles, with the Port of Long Beach approximately 5 miles away. Exterior features include a contemporary design, spotlighting, and a mural by Muckrock. Wilmington’s walk, bike, and transit scores are 68, 54, and 50, respectively.
Key Highlights
- 5,100‑square‑foot building on a 5,958‑square‑foot lot
- Two 14‑foot roll‑up freight doors, including one automatic and one manual
- 17‑foot‑plus ceilings and a newer 800‑amp electrical panel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,931
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,538,620
$1.5M
Cap Rate 7%
$1,099,014
$1.1M
Cap Rate 9%
$854,789
$854.8K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$96.7K $18.96/SF
− Vacancy
−$6.2K −$1.21/SF
EGI
$90.5K $17.75/SF
− OpEx
−$13.6K −$2.66/SF
NOI
$76.9K $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%
$1,538,620
Cap Rate 7%
$1,099,014
Cap Rate 9%
$854,789
Alternative Uses
Best Use
Warehouse
$1.10M
$961.6K – $1.28M
NOI $76,931 @ 7.0% cap · market cap 5.50%
Second Best
Industrial
$905.1K
$791.9K – $1.06M
NOI $63,355 @ 7.0% cap · market cap 4.53%
Theoretical Best
Multifamily LT 5
$103.32M
$90.41M – $120.54M
NOI $7,232,606 @ 7.0% cap · market cap 516.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
17 ft
Clear height
2
Office units
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,019
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90744, CA
53,074
Population
15,536
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
62%
High-School Grad
8.9 sq mi
ZIP Area
5,963
Density / Sq Mi
$61,440
Median Household Income
$32,781
Median Earnings
$1,426
Median Rent
$596,100
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 West region
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Similar Off Market Nearby
- The Carnitas Guy — 329 W Anaheim St, Wilmington, CA 90744
Frequently Asked Questions
What type of property is this?
Flex space - C2-zoned flex property with office space, freight access, gated security, and polished concrete flooring.
Where is this flex space located?
The property is located at 1303 W Anaheim St Wilmington, 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: 5,100‑square‑foot building on a 5,958‑square‑foot lot; Two 14‑foot roll‑up freight doors, including one automatic and one manual; 17‑foot‑plus ceilings and a newer 800‑amp electrical panel
