Single-Tenant Industrial
1747 Wright Ave La Verne, CA 91750
1747 Wright Ave, La Verne, CA, 91750
$5,991,680
For Sale
$5,991,680
1991-built industrial building with two-story office, 22' clear height, dock-high and grade-level doors, and enclosed storage.
Property Size18,724 SF
Lot Size0.87 Acres
Price / SF$320
Days on Market55
Property Features for 1747 Wright Ave
General Information
- Standard status
- Active
- Size
- 18,724 SF
- Lot size
- 0.87 Acres
Listing agency
Coldwell Banker Envision
(949) 520-0680
Listed by
Wen Carter
(949) 520-0680
Source
Exprealty
Added: May 29 Updated: Jul 22 at 1:52AM Checked: Jul 22 at 7:36AM
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 Coldwell Banker Envision
Investment Insights
Based on property information with market context.
This single-tenant industrial facility was built in 1991 and offers a functional warehouse layout with 22’ clear height, enclosed storage, and one dock-high loading door plus one grade-level door. The property totals approximately 118,724 square feet and includes approximately 5,000 square feet of two-story office space with a grand entrance lobby. Additional office and operational improvements include swamp coolers and space heaters, along with ample on-site parking.
Located in the Arrow Corridor industrial market of La Verne, the property provides regional access throughout the Los Angeles and Inland Empire markets, situated near the 210, 57, and 10 Freeways.
The site is sized at approximately 0.87 acres and is positioned to support manufacturing, warehousing, distribution, or service-oriented operations.
Located in the Arrow Corridor industrial market of La Verne, the property provides regional access throughout the Los Angeles and Inland Empire markets, situated near the 210, 57, and 10 Freeways.
The site is sized at approximately 0.87 acres and is positioned to support manufacturing, warehousing, distribution, or service-oriented operations.
Key Highlights
- Single‑tenant industrial facility on approx. 0.87 acres with 18,724 SF total building area
- Built in 1991 with functional industrial layout and 22’ clear height
- Loading includes 1 dock‑high loading door and 1 grade‑level door, plus enclosed storage space
Local 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 | $301.1k | $16.08 |
| − Vacancy | −$14.5k | −$0.77 |
| EGI | $286.6k | $15.31 |
| − OpEx | −$43.0k | −$2.30 |
| NOI | $243.6k | $13.01 |
18,724 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.48M
$3.05M – $4.06M
NOI $243,635 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$3.13M
$2.74M – $3.65M
NOI $218,810 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$10.02M
$8.77M – $11.70M
NOI $701,733 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Vacom Technologies
Department Store
Similar For Sale Nearby
Similar Off Market Nearby
- Extra Space Storage — 1960 S San Dimas Canyon Rd, La Verne, CA 91750
- SmartStop Self Storage — 2234 Arrow Hwy, La Verne, CA 91750
- Pro Racking Systems Inc — 680 E Arrow Hwy, La Verne, CA 91750
FAQs
What type of property is this?
Warehouse - 1991-built industrial building with two-story office, 22' clear height, dock-high and grade-level doors, and enclosed storage.
Where is this warehouse located?
The property is located at 1747 Wright Ave La Verne, CA.
What is the asking price?
The asking price for this property is $5,991,680.
What are key features of this property?
This property features: Single‑tenant industrial facility on approx. 0.87 acres with 18,724 SF total building area; Built in 1991 with functional industrial layout and 22’ clear height; Loading includes 1 dock‑high loading door and 1 grade‑level door, plus enclosed storage space
