Free-Standing Warehouse
For Sale
Contact for pricing
1338 E Washington Blvd, Los Angeles, CA 90011
Free-standing warehouse building in central Los Angeles with convenient access to major area freeways.
Property Size3,890 SF
Price / SF$334.19
Days on Market31
Property Features for 1338 E Washington Blvd
General Information
Standard status
Active
Size
3,890 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
CBC
(310) 979-4990
Listed By:
Eric Sackler · License #01057377
(310) 979-4990
Source:
Moodyscre
Added: Jun 30
Changed: Jul 26
Last Checked: Jul 26 at 1:49AM
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 CBC
Investment Insights
Based on property information with market context.
The property is a free-standing warehouse building presented for sale. The offering includes a single, stand-alone structure configured as a warehouse.
Located in central Los Angeles, the site is described as having convenient access to the 10, 5, and 101 freeways, supporting straightforward regional connectivity.
The building size is listed as 3,890 square feet.
Located in central Los Angeles, the site is described as having convenient access to the 10, 5, and 101 freeways, supporting straightforward regional connectivity.
The building size is listed as 3,890 square feet.
Key Highlights
- Free‑standing warehouse building
- Central Los Angeles location
- Convenient access to I‑10, I‑5, and US‑101 freeways
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 | $73.8k | $18.96 |
| − Vacancy | −$3.5k | −$0.91 |
| EGI | $70.2k | $18.05 |
| − OpEx | −$10.5k | −$2.71 |
| NOI | $59.7k | $15.34 |
3,890 SF · lease $18.96/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$852.6K
$746.0K – $994.7K
NOI $59,682 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$78.81M
$68.96M – $91.94M
NOI $5,516,635 @ 7.0% cap · market cap 424.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,447
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Properties on Market for Warehouses in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Free-standing warehouse building in central Los Angeles with convenient access to major area freeways.
Where is this warehouse located?
The property is located at 1338 E Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Free‑standing warehouse building; Central Los Angeles location; Convenient access to I‑10, I‑5, and US‑101 freeways