Three-Unit Industrial
New
For Sale
Contact for pricing
150-158 East 58th Street, Los Angeles, CA 90011
Divisible industrial facility with dock loading, substantial power, and flexible occupancy options for warehouse and manufacturing operations.
Property Size19,080 SF
Lot Size0.48 Acres
Price / SF$142.82
Days on Market5
Property Features for 150-158 East 58th Street
General Information
Standard status
Active
Size
19,080 SF
Lot size
0.48 Acres
Property subtype
Industrial
Zoning
M1-2D-CPIO
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Value Add
Net Operating Income
$176,316
Warehouse & Industrial
Dock-High Doors
4
Power
600 amps
Voltage
240 V
Three-Phase Power
Yes
Additional Details
Cap Rate
6.47%
Highway Access
Yes
Building Details
Year Built
1945
Buildings
1
Units
3
Tenancy
Multi
Building Size
19,080 SF
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2744
Listed By:
Martin Agnew · License #CA 01339034
Source:
Crexi
Added: Aug 6
Changed: Aug 10
Last Checked: Aug 10 at 9:00AM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This 19,080-square-foot industrial warehouse occupies a 0.48-acre parcel and is arranged as three divisible units. The property includes four dock-high loading positions, 600-amp, 120/240-volt, 3-phase power, and a warehouse configuration suited to warehousing, manufacturing, fabrication, contractor, logistics, and distribution operations. M1-2D-CPIO zoning supports a broad range of industrial and related commercial uses.
The property is currently occupied under month-to-month tenancy, providing flexibility for continued leasing or future owner occupancy of part or all of the facility. Built in 1945, the building is located approximately 0.5 miles from the 110 Freeway at Slauson Avenue, with access to Downtown Los Angeles, Vernon, South Los Angeles, and the Ports of Los Angeles and Long Beach.
The property is currently occupied under month-to-month tenancy, providing flexibility for continued leasing or future owner occupancy of part or all of the facility. Built in 1945, the building is located approximately 0.5 miles from the 110 Freeway at Slauson Avenue, with access to Downtown Los Angeles, Vernon, South Los Angeles, and the Ports of Los Angeles and Long Beach.
Key Highlights
- 19,080‑square‑foot industrial property on a 0.48‑acre parcel
- Three‑unit divisible configuration supports multiple occupancy arrangements
- Four dock‑high loading positions
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
$237,023
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
8.70%
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%
$4,740,460
$4.7M
Cap Rate 7%
$3,386,043
$3.4M
Cap Rate 9%
$2,633,589
$2.6M
Market Conditions
NOI Build-Up for 19,080 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
$361.8K $18.96/SF
− Vacancy
−$23.2K −$1.21/SF
EGI
$338.6K $17.75/SF
− OpEx
−$101.6K −$5.32/SF
NOI
$237.0K $12.42/SF
Area
ZIP 90011
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
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%
$4,740,460
Cap Rate 7%
$3,386,043
Cap Rate 9%
$2,633,589
Alternative Uses
Best Use
Warehouse
$4.18M
$3.66M – $4.88M
NOI $292,734 @ 7.0% cap · market cap 10.74%
Second Best
Industrial
$3.39M
$2.96M – $3.95M
NOI $237,023 @ 7.0% cap · market cap 8.70%
Theoretical Best
Multifamily LT 5
$386.55M
$338.23M – $450.97M
NOI $27,058,454 @ 7.0% cap · market cap 992.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,251
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
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 - Divisible industrial facility with dock loading, substantial power, and flexible occupancy options for warehouse and manufacturing operations.
Where is this warehouse located?
The property is located at 150-158 East 58th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,725,000.
What are key features of this property?
This property features: 19,080‑square‑foot industrial property on a 0.48‑acre parcel; Three‑unit divisible configuration supports multiple occupancy arrangements; Four dock‑high loading positions
