Industrial Flex Building with
For Sale
Contact for pricing
13435 South Broadway, Los Angeles, CA 90061
M-zoned flex/industrial property with 18-ft clearance, air-conditioned offices, and multiple loading doors.
Property Size15,496 SF
Price / SF$212.96
Days on Market55
Property Features for 13435 South Broadway
General Information
Standard status
Active
Size
15,496 SF
Class
B
Property subtype
Retail, Industrial
Zoning
LCM1.5* - 1969*
Listing Agency:
(818) 941-2276
Listed By:
Benjamin L. Paley · License #02074047
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Aug 11 at 12:19PM
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 Benjamin L. Paley
Investment Insights
Based on property information with market context.
This for-sale flex and industrial building includes 18-ft height clearance and power service consisting of a three-phase 800-amp panel and a single-phase 400-amp panel. The property is complemented by approximately 2,000 +/- sq. ft. of air-conditioned office space, with layout details shown on the attached floor plan. Loading access features two above-grade loading doors and one dock-high door (12x14), supporting day-to-day receiving and shipping operations.
The property is designated as M-zoned and is located at 13435 South Broadway in Los Angeles, CA 90061. Access and loading are designed around the on-site door configuration, with the office component integrated into the overall building layout.
With air-conditioned office space and warehouse-scale clearance, the space is well suited for users seeking a combined industrial and office setup within a flex-style configuration. The presence of substantial electrical service and multiple loading doors supports operations that require reliable power and practical logistics for staff and deliveries.
The property is designated as M-zoned and is located at 13435 South Broadway in Los Angeles, CA 90061. Access and loading are designed around the on-site door configuration, with the office component integrated into the overall building layout.
With air-conditioned office space and warehouse-scale clearance, the space is well suited for users seeking a combined industrial and office setup within a flex-style configuration. The presence of substantial electrical service and multiple loading doors supports operations that require reliable power and practical logistics for staff and deliveries.
Key Highlights
- M‑zoned flex/industrial property
- 18‑ft height clearance
- Air‑conditioned offices totaling approximately 2,000 +/- SF (per attached floor plan)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$233,751
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,675,020
$4.7M
Cap Rate 7%
$3,339,300
$3.3M
Cap Rate 9%
$2,597,233
$2.6M
Market Conditions
NOI Build-Up for 15,496 SF
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.
Gross rent
$293.8K $18.96/SF
− Vacancy
−$18.8K −$1.21/SF
EGI
$275.0K $17.75/SF
− OpEx
−$41.3K −$2.66/SF
NOI
$233.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,675,020
Cap Rate 7%
$3,339,300
Cap Rate 9%
$2,597,233
Alternative Uses
Best Use
Warehouse
$3.34M
$2.92M – $3.90M
NOI $233,751 @ 7.0% cap · market cap 7.08%
Second Best
Industrial
$2.75M
$2.41M – $3.21M
NOI $192,500 @ 7.0% cap · market cap 5.83%
Theoretical Best
Multifamily LT 5
$313.94M
$274.70M – $366.26M
NOI $21,975,776 @ 7.0% cap · market cap 665.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
621
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
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - M-zoned flex/industrial property with 18-ft clearance, air-conditioned offices, and multiple loading doors.
Where is this flex space located?
The property is located at 13435 South Broadway Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: M‑zoned flex/industrial property; 18‑ft height clearance; Air‑conditioned offices totaling approximately 2,000 +/- SF (per attached floor plan)
