Industrial Warehouse
For Sale
$2,699,000
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$205.50
Days on Market96
Property Features for 155-159 W 31st St
General Information
Standard status
Active
Size
13,134 SF
Property subtype
Industrial
Site & Location
Neighborhood
Historic South-Central
Fenced Yard
Yes
Building Details
Building Size
13,134 SF
Year Built
1948
Properties For Sale
at 155-159 W 31st St
Available Space
Not For Lease
Size
13,134 SF
Restrooms: 4 Buyer shall independently verify all information. Do not disturb the tenant. Shown by appointment only.
Contact us
Listing Agency:
Daum Commercial
Listed By:
Ben Andrews · License #CA 02388899
(213) 270-2246
Source:
Daumcommercial
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 30 at 10:27AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$198,121
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,962,420
$4.0M
Cap Rate 7%
$2,830,300
$2.8M
Cap Rate 9%
$2,201,344
$2.2M
Market Conditions
NOI Build-Up for 13,134 SF
Gross rent
$249.0K $18.96/SF
− Vacancy
−$15.9K −$1.21/SF
EGI
$233.1K $17.75/SF
− OpEx
−$35.0K −$2.66/SF
NOI
$198.1K $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 Rate 5%
$3,962,420
Cap Rate 7%
$2,830,300
Cap Rate 9%
$2,201,344
Alternative Uses
Best Use
Warehouse
$2.83M
$2.48M – $3.30M
NOI $198,121 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$266.09M
$232.83M – $310.43M
NOI $18,626,087 @ 7.0% cap · market cap 690.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,872
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in Los Angeles, CA
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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 $2,699,000.
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
