Industrial Warehouse with Fenced
1711 E 23rd St, Los Angeles, CA 90058
For Sale
Contact for pricing
Masonry construction, substantial electrical service, and loading features support warehouse and light manufacturing operations.
Property Size14,151 SF
Lot Size0.41 Acres
Price / SF$176.67
Days on Market36
Property Features for 1711 E 23rd St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Fenced Yard
Warehouse & Industrial
Clear Height
Dock-High Doors
Drive-In Doors
Power
Voltage
Three-Phase Power
Additional Details
Property Use
Building Details
Year Built
Buildings
Stories
Building Size
Construction
Listing Agency:
Major Properties
Listed By:
Daniel Moussazadeh · License CA #02058572
(310) 999-9437
Source:
Crexi
Added: Oct 7
Changed: Nov 10
Last Checked: Nov 10 at 2:21PM
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 Major Properties
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Investment Insights
Based on property information with market context.
This single-story industrial warehouse contains approximately 14,151 SF on a 17,700 SF parcel. Built in 1957 with masonry construction, the building offers 16-foot clearance, a 12′ × 14′ grade-level door, and an exterior dock-high loading position. Electrical service is 400A/240V/3Ph/4W, and the site includes a secured, fenced yard with approximately 10 surface parking spaces.
The property is zoned LA M2 at 1711 E 23rd St in Los Angeles. It is four blocks south of Washington Boulevard and one block west of Alameda Street, with Downtown Los Angeles a short drive away. Warehousing, distribution, and light manufacturing are among the uses identified for the facility.
The property is zoned LA M2 at 1711 E 23rd St in Los Angeles. It is four blocks south of Washington Boulevard and one block west of Alameda Street, with Downtown Los Angeles a short drive away. Warehousing, distribution, and light manufacturing are among the uses identified for the facility.
Key Highlights
- Approximately 14,151 SF building on 17,700 SF of land
- 16‑foot warehouse clearance
- One 12′ × 14′ ground‑level loading door and one exterior dock‑high loading position
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$213,462
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,269,240
$4.3M
Cap Rate 7%
$3,049,457
$3.0M
Cap Rate 9%
$2,371,800
$2.4M
Market Conditions
NOI Build-Up for 14,151 SF
Gross rent
$268.3K $18.96/SF
− Vacancy
−$17.2K −$1.21/SF
EGI
$251.1K $17.75/SF
− OpEx
−$37.7K −$2.66/SF
NOI
$213.5K $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%
$4,269,240
Cap Rate 7%
$3,049,457
Cap Rate 9%
$2,371,800
Alternative Uses
Best Use
Warehouse
$3.05M
$2.67M – $3.56M
NOI $213,462 @ 7.0% cap · market cap 8.54%
Second Best
Industrial
$2.51M
$2.20M – $2.93M
NOI $175,792 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$5.91M
$5.17M – $6.89M
NOI $413,575 @ 7.0% cap · market cap 16.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,185
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90058, CA
3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Los Angeles, CA
Properties on Market for Warehouses in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Warehouse - Masonry construction, substantial electrical service, and loading features support warehouse and light manufacturing operations.
Where is this warehouse located?
The property is located at 1711 E 23rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 14,151 SF building on 17,700 SF of land; 16‑foot warehouse clearance; One 12′ × 14′ ground‑level loading door and one exterior dock‑high loading position
