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Industrial Warehouse Building
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155-159 W 31st St, Los Angeles, CA 90007

Industrial warehouse building with a secure fenced yard and motorized gate for added operational control.

Property Size13,134 SF
Price / SF$235
Days on Market26

Property Features for 155-159 W 31st St

General Information

Standard status Active
Size 13,134 SF
Property subtype INDUSTRIAL

Additional Details

Fenced Yard Yes
Listing Agency: Daum Commercial
Listed By: David Freitag · License #00855673
Source: Moodyscre
Added: Jul 7 Changed: Jul 30 Last Checked: Aug 1 at 2:28PM

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 Daum Commercial

Investment Insights

Based on property information with market context.

A clean, functional industrial warehouse building designed to support both owner-user operations and tenant flexibility. The property includes a secure fenced yard area with a motorized gate, helping provide controlled exterior storage or staging options.

The building is located close to USC, LA Trade Tech, and the Crypto area, with convenient access to public transportation and freeways. This combination can support a variety of industrial and light distribution uses that benefit from accessibility.

With a total building area of 13,134 square feet, the space offers a practical footprint for industrial users looking for a straightforward facility with dedicated yard control.

Key Highlights

  • Clean, functional industrial warehouse building
  • Secure fenced yard area with motorized gate
  • 13,134 SF total building area

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $249.0k $18.96
− Vacancy −$15.9k −$1.21
EGI $233.1k $17.75
− OpEx −$35.0k −$2.66
NOI $198.1k $15.08
13,134 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.83M
$2.48M – $3.30M (±1% cap)
NOI $198,121 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$266.09M
$232.83M – $310.43M (±1% cap)
NOI $18,626,087 @ 7.0% cap · market cap 603.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Accounting Firm Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

3,262
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value

Market

Properties on Market for Warehouses in Los Angeles

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse building with a secure fenced yard and motorized gate for added operational control.
Where is this warehouse located?
The property is located at 155-159 W 31st St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,086,490.
What are key features of this property?
This property features: Clean, functional industrial warehouse building; Secure fenced yard area with motorized gate; 13,134 SF total building area
(213) 270-2235 Call to check price and availability
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