Three-Unit Flex Industrial
New
For Sale
$2,725,000
150 E 58th St, Los Angeles, CA 90011
M1-2D-CPIO zoning and adaptable industrial improvements support multiple occupancy configurations.
Property Size19,080 SF
Lot Size0.48 Acres
Price / SF$142.82
Days on Market3
Property Features for 150 E 58th St
General Information
Standard status
Active
Size
19,080 SF
Lot size
0.48 Acres
Property subtype
Office Warehouse
Zoning
M1-2D-CPIO
Warehouse & Industrial
Dock-High Doors
4
Power
600 amps
Three-Phase Power
Yes
Additional Details
Cap Rate
6.47%
Highway Access
Yes
Amenities
Rare Central Los Angeles Industrial Opportunity: Approximate 19,080 SF industrial building on a 0.48-acre M1-2D-CPIO zoned parcel in a dense infill Los Angeles location.
In-Place Yield with Rental Upside / Below Replacement Cost.
MTM Tenancy Provides Investor and Owner/User Flexibility
Divisible Multi-Unit Configuration: The building is configured as three units
Dock-High Loading Functionality
Heavy Power Infrastructure: 600-amp, 120/240-volt, 3-phase, 4-wire electrical service
Versatile Industrial Zoning: Zoned M1-2D-CPIO
Manufacturing Tax Incentive Opportunity: Recent federal tax legislation reinstated 100% bonus depreciation and expanded incentives for domestic manufacturing investment, potentially allowing qualified owner/users to accelerate deductions related to equipment, improvements, and certain production facilities.
Building Details
Building Size
19,080 SF
Year Built
1945
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2725
Listed By:
Ryan Rothstein-Serling · License #License(s): CA: 01920619, CA: 0204082
(818) 212-2725
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 2:24AM
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 flex industrial property occupies a 0.48-acre parcel in South Los Angeles. Built in 1945, the facility is arranged as three divisible units and includes four dock-high loading positions, a warehouse-oriented layout, and 600-amp, 120/240-volt, 3-phase power. The existing tenancy is month-to-month, providing flexibility for continued occupancy, reconfiguration, or owner-user use subject to applicable requirements.
The property is located approximately 0.5 miles from the 110 Freeway at Slauson Avenue, with access to Downtown Los Angeles, Vernon, South Los Angeles, Central Los Angeles industrial areas, and the Ports of Los Angeles and Long Beach. M1-2D-CPIO zoning permits a broad range of industrial and related commercial uses, including warehousing, manufacturing, fabrication, contractor, logistics, and distribution operations.
The property is located approximately 0.5 miles from the 110 Freeway at Slauson Avenue, with access to Downtown Los Angeles, Vernon, South Los Angeles, Central Los Angeles industrial areas, and the Ports of Los Angeles and Long Beach. M1-2D-CPIO zoning permits a broad range of industrial and related commercial uses, including warehousing, manufacturing, fabrication, contractor, logistics, and distribution operations.
Key Highlights
- 19,080‑square‑foot industrial facility on a 0.48‑acre parcel
- Three divisible units with month‑to‑month tenancy
- 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
Under-served
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?
Flex space - M1-2D-CPIO zoning and adaptable industrial improvements support multiple occupancy configurations.
Where is this flex space located?
The property is located at 150 E 58th St 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 facility on a 0.48‑acre parcel; Three divisible units with month‑to‑month tenancy; Four dock‑high loading positions
