Freestanding Warehouse
For Sale
Contact for pricing
1365 E 16th St, Los Angeles, CA 90021
Freestanding warehouse building offering 10,434 SF of available space for sale at 1365 E 16th St.
Property Size10,434 SF
Price / SF$402.53
Days on Market104
Property Features for 1365 E 16th St
General Information
Standard status
Active
Size
10,434 SF
Property subtype
INDUSTRIAL
Listing Agency:
Asia Pacific Capital Company
Listed By:
Jerry Lin · License #02081688
(626) 215-6309
Source:
Moodyscre
Added: Jun 2
Changed: Sep 4
Last Checked: Sep 12 at 5:51AM
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 Asia Pacific Capital Company
Investment Insights
Based on property information with market context.
This freestanding warehouse building offers 10,434 square feet of available space. The property is offered for sale and is positioned as a standalone commercial structure, providing a straightforward option for users seeking dedicated warehouse space rather than a shared facility.
The building is located at 1365 E 16th St in Los Angeles, California, with the advantage of direct street access typical of a standalone warehouse format. Please note that no additional improvements, configuration details, or specific loading, office, or utility features were provided in the information available.
For buyers and brokers, the key takeaway is the availability of a single, freestanding warehouse footprint totaling 10,434 SF, suitable for businesses looking for a dedicated warehouse space within the property’s existing shell.
The building is located at 1365 E 16th St in Los Angeles, California, with the advantage of direct street access typical of a standalone warehouse format. Please note that no additional improvements, configuration details, or specific loading, office, or utility features were provided in the information available.
For buyers and brokers, the key takeaway is the availability of a single, freestanding warehouse footprint totaling 10,434 SF, suitable for businesses looking for a dedicated warehouse space within the property’s existing shell.
Key Highlights
- Freestanding warehouse building for sale at 1365 E 16th St.
- 10,434 SF available space
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
$157,392
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
3.75%
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%
$3,147,840
$3.1M
Cap Rate 7%
$2,248,457
$2.2M
Cap Rate 9%
$1,748,800
$1.7M
Market Conditions
NOI Build-Up for 10,434 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
$197.8K $18.96/SF
− Vacancy
−$12.7K −$1.21/SF
EGI
$185.2K $17.75/SF
− OpEx
−$27.8K −$2.66/SF
NOI
$157.4K $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%
$3,147,840
Cap Rate 7%
$2,248,457
Cap Rate 9%
$1,748,800
Alternative Uses
Best Use
Warehouse
$2.25M
$1.97M – $2.62M
NOI $157,392 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$211.39M
$184.96M – $246.62M
NOI $14,797,060 @ 7.0% cap · market cap 352.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,286
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90021, CA
5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
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 Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse building offering 10,434 SF of available space for sale at 1365 E 16th St.
Where is this warehouse located?
The property is located at 1365 E 16th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Freestanding warehouse building for sale at 1365 E 16th St.; 10,434 SF available space
