Building Details

Building Size 16,353 SF

Year Built 1926

Listing Agency: Lee & Associates

Listed By: Tai Ngo · License #CalDRE #01779172 Show Phone

Source: Lee-associates

Added: May 17 Changed: Oct 23 Last Checked: Oct 23 at 4:36AM

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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 Lee & Associates

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Investment Insights

Based on property information with market context.

This warehouse property is offered for sale as a commercial real estate asset within the broader warehouse market segment.

The property features freeway frontage, providing immediate visibility from I-10 south, which can support tenant or buyer exposure for logistics and distribution-related operations that value direct highway sightlines.

All details provided here are based on the available public remarks and transaction information.

Key Highlights

• Immediate visibility from I‑10 south with freeway frontage
• Warehouse building built in 1926

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$246,678

Cap Rate

6.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,933,560 $4.9M

Cap Rate 7%

$3,523,971 $3.5M

Cap Rate 9%

$2,740,867 $2.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 16,353 SF

Gross rent

$310.1K $18.96/SF

− Vacancy

−$19.8K −$1.21/SF

EGI

$290.2K $17.75/SF

− OpEx

−$43.5K −$2.66/SF

NOI

$246.7K $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%

$4,933,560

Cap Rate 7%

$3,523,971

Cap Rate 9%

$2,740,867

Alternative Uses

Best Use

Warehouse

$3.52M

$3.08M – $4.11M (±1% cap)

NOI $246,678 @ 7.0% cap · market cap 6.03%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$331.30M

$289.89M – $386.52M (±1% cap)

NOI $23,191,137 @ 7.0% cap · market cap 567.26%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

LA Linen Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Accounting Firm

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

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

2,676

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 90021, CA

5,192

Population

1,694

Households

3.1

Avg Household Size

46

Median Age

20%

College-Educated

64%

High-School Grad

2.0 sq mi

ZIP Area

2,596

Density / Sq Mi

$32,250

Median Household Income

$35,528

Median Earnings

$984

Median Rent

$1,075,800

Median Home Value

Market

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

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Similar Off Market Nearby

• Alday's Cold Storage Inc. — E 24th St, Los Angeles, CA 90058
• Teson Forever — 1995 e 20th st, los angeles, ca 90058
• Goodyear Produce Inc. — 2640 E Washington Blvd, Los Angeles, CA 90021
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• Crozier Fine Arts - Art Storage and Logistics — 2010 E 15th St, Los Angeles, CA 90021

Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse offered for sale with immediate visibility from the I-10 south.

Where is this warehouse located?

The property is located at 1760 E 15th St Los Angeles, CA.

What is the asking price?

The asking price for this property is $4,088,250.

What are key features of this property?

This property features: Immediate visibility from I‑10 south with freeway frontage; Warehouse building built in 1926