Food Processing Manufacturing
For Sale
$3,950,000
4700 District Boulevard, Vernon, CA 90058
The property was formerly used as a cookie bakery.
Property Size10,600 SF
Days on Market8
Property Features for 4700 District Boulevard
General Information
Standard status
Active
Size
10,600 SF
Property subtype
Industrial
Building Details
Building Size
10,600 SF
Listing Agency:
Lee & Associates
Listed By:
Garrett Hill
(323) 767-2092
Source:
Lee-associates
Added: Sep 30
Changed: Oct 7
Last Checked: Oct 7 at 9:22AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This manufacturing property is identified as a food processing facility and was formerly a cookie bakery. It is located at 4700 District Boulevard in Vernon, California.
Key Highlights
- Food processing facility formerly used as a cookie bakery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,872
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,477,440
$2.5M
Cap Rate 7%
$1,769,600
$1.8M
Cap Rate 9%
$1,376,356
$1.4M
Market Conditions
NOI Build-Up for 10,600 SF
Gross rent
$188.3K $17.76/SF
− Vacancy
−$11.3K −$1.07/SF
EGI
$177.0K $16.69/SF
− OpEx
−$53.1K −$5.01/SF
NOI
$123.9K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,477,440
Cap Rate 7%
$1,769,600
Cap Rate 9%
$1,376,356
Alternative Uses
Best Use
Industrial
$1.77M
$1.55M – $2.06M
NOI $123,872 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.68M
$4.97M – $6.62M
NOI $397,264 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
Explore this area
Business Placement
Demographics for 90058, CA
3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - The property was formerly used as a cookie bakery.
Where is this manufacturing property located?
The property is located at 4700 District Boulevard Vernon, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Food processing facility formerly used as a cookie bakery
