Industrial Building with
For Sale
Contact for pricing
1527 Knowles Ave, Los Angeles, CA
Industrial building featuring cooler, freezer, office, and secured yard.
Property Size9,134 SF
Lot Size0.43 Acres
Price / SF$459.82
Days on Market314
Property Features for 1527 Knowles Ave
General Information
Standard status
Active
Size
9,134 SF
Lot size
0.43 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers
(323) 278-3118
Listed By:
Scott A. Heaton · License #2002525
(323) 278-3110
Source:
Moodyscre
Added: Sep 30, 2025
Changed: Aug 8
Last Checked: May 20 at 8:09PM
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 Colliers
Investment Insights
Based on property information with market context.
This industrial building features a ±2,834 square foot cooler room and a ±2,952 square foot freezer room. The property also includes a ±540 square foot office area. It has a 26-foot clear height, one dock-high loading door, and one grade-level loading door. The property offers a fully secured concrete paved yard area. The total property size is 9,134 square feet.
Key Highlights
- Rare Modern Cooler/Freezer: Includes a ±2,834 SF cooler room and a ±2,952 SF freezer room.
- Benefit from the 26' high clear height.
- Secured Yard: Enjoy the fully secured concrete paved yard area.
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
$137,783
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
3.28%
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%
$2,755,660
$2.8M
Cap Rate 7%
$1,968,329
$2.0M
Cap Rate 9%
$1,530,922
$1.5M
Market Conditions
NOI Build-Up for 9,134 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
$173.2K $18.96/SF
− Vacancy
−$11.1K −$1.21/SF
EGI
$162.1K $17.75/SF
− OpEx
−$24.3K −$2.66/SF
NOI
$137.8K $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%
$2,755,660
Cap Rate 7%
$1,968,329
Cap Rate 9%
$1,530,922
Alternative Uses
Best Use
Warehouse
$1.97M
$1.72M – $2.30M
NOI $137,783 @ 7.0% cap · market cap 3.28%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,468 @ 7.0% cap · market cap 2.70%
Theoretical Best
Multifamily LT 5
$185.05M
$161.92M – $215.89M
NOI $12,953,455 @ 7.0% cap · market cap 308.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Hercules Moving Systems — 2507 Medford St, Los Angeles, CA 90033
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building featuring cooler, freezer, office, and secured yard.
Where is this warehouse located?
The property is located at 1527 Knowles Ave 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: Rare Modern Cooler/Freezer: Includes a ±2,834 SF cooler room and a ±2,952 SF freezer room.; Benefit from the 26' high clear height.; Secured Yard: Enjoy the fully secured concrete paved yard area.
