M2-Zoned Industrial
For Sale
$5,500,000
1705 N Indiana St, Los Angeles, CA 90063
Established industrial asset constructed in 1948.
Property Size17,941 SF
Days on Market207
Property Features for 1705 N Indiana St
General Information
Standard status
Active
Size
17,941 SF
Property subtype
Land
Building Details
Building Size
17,941 SF
Year Built
1948
Listed By:
Armen Kazaryan, MRED · License #CalDRE #01291719
(323) 767-2041
Source:
Lee-associates
Added: Mar 25
Changed: Oct 16
Last Checked: Oct 16 at 6:41AM
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 Armen Kazaryan, MRED
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Investment Insights
Based on property information with market context.
Located at 1705 N Indiana St in Los Angeles, this industrial property was constructed in 1948. The asset carries M2 zoning, providing its primary land-use designation.
Key Highlights
- M2 zoning
- Constructed in 1948
- 1705 N Indiana St, Los Angeles, CA 90063
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,874
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,457,480
$4.5M
Cap Rate 7%
$3,183,914
$3.2M
Cap Rate 9%
$2,476,378
$2.5M
Market Conditions
NOI Build-Up for 17,941 SF
Gross rent
$340.2K $18.96/SF
− Vacancy
−$21.8K −$1.21/SF
EGI
$318.4K $17.75/SF
− OpEx
−$95.5K −$5.32/SF
NOI
$222.9K $12.42/SF
Area
Los Angeles, CA
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 Rate 5%
$4,457,480
Cap Rate 7%
$3,183,914
Cap Rate 9%
$2,476,378
Alternative Uses
Best Use
Industrial
$3.18M
$2.79M – $3.71M
NOI $222,874 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$363.47M
$318.04M – $424.05M
NOI $25,443,172 @ 7.0% cap · market cap 462.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,921
Businesses Nearby
Explore this area
Business Placement
Demographics for 90063, CA
50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Industrial property - Established industrial asset constructed in 1948.
Where is this industrial property located?
The property is located at 1705 N Indiana St Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: M2 zoning; Constructed in 1948; 1705 N Indiana St, Los Angeles, CA 90063
