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Free-Standing Warehouse Building
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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
Listed By: Eric Sackler · License #01057377
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.

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 (±1% cap)
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 (±1% cap)
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

Warehouses

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Pet Grooming Service Clothing & Fashion Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,447
Businesses Nearby
Balanced
Demand for This Use

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

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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
(310) 979-4990 Call to check price and availability
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