Functional Warehouse in Prime
For Sale
Contact for pricing
1900 Kona Dr, Compton, CA 90220
Value-add industrial opportunity near major transportation routes.
Property Size9,968 SF
Lot Size0.55 Acres
Price / SF$258.33
Days on Market192
Property Features for 1900 Kona Dr
General Information
Standard status
Active
Size
9,968 SF
Lot size
0.55 Acres
Property subtype
Industrial
Listing Agency:
Greenpoint Real Estate
(909) 591-8477
Listed By:
Ricky Hernandez · License #CA 01172950
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 9 at 6:36AM
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 Greenpoint Real Estate
Investment Insights
Based on property information with market context.
The property at 1900 Kona Drive, Compton, presents a value-add industrial investment opportunity. It features a 9,968 square foot functional warehouse on a 23,874 square foot parcel of land. The warehouse includes five ground-level loading doors and is configured into two sections of approximately 7,000 square feet and 3,000 square feet, accommodating single or multi-tenant occupancy. Office space accounts for approximately 10-15% of the total area. A functional fenced yard is included. The warehouse is equipped with well-distributed power, suitable for various light industrial and logistics operations. Situated in the 91 Corridor, the property offers proximity to the Ports of Long Beach and San Pedro, with access to major freeways serving the Los Angeles metro area. This central infill location, combined with functional improvements and flexible configuration, presents upside through lease-up, re-tenanting, or repositioning to meet demand for infill industrial space.
Key Highlights
- Strategic location in the heart of the 91 Corridor, providing efficient access to major freeways and the Ports of Long Beach and San Pedro.
- Functional 9,968 square foot warehouse on a 23,874 square foot parcel, offering a strong value‑add industrial investment opportunity.
- Five (5) ground‑level loading doors, facilitating efficient logistics and operations.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$217,893
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,357,860
$4.4M
Cap Rate 7%
$3,112,757
$3.1M
Cap Rate 9%
$2,421,033
$2.4M
Market Conditions
NOI Build-Up for 9,968 SF
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.
Gross rent
$382.8K $38.40/SF
− Vacancy
−$92.2K −$9.25/SF
EGI
$290.5K $29.15/SF
− OpEx
−$72.6K −$7.29/SF
NOI
$217.9K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,357,860
Cap Rate 7%
$3,112,757
Cap Rate 9%
$2,421,033
Alternative Uses
Best Use
Office B
$3.11M
$2.72M – $3.63M
NOI $217,893 @ 7.0% cap · market cap 8.46%
Second Best
Warehouse
$1.85M
$1.62M – $2.16M
NOI $129,703 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$5.34M
$4.67M – $6.23M
NOI $373,578 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90220, CA
50,412
Population
14,067
Households
3.6
Avg Household Size
33
Median Age
13%
College-Educated
68%
High-School Grad
6.9 sq mi
ZIP Area
7,306
Density / Sq Mi
$77,535
Median Household Income
$36,074
Median Earnings
$1,557
Median Rent
$514,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Door to Door Storage & Moving — 18780 S Central Ave, Carson, CA 90746
- Prime Time Cold Storage LLC — 1065 E Walnut St, Carson, CA 90746
- Fast Warehousing & Distribution Centers — 775 W Manville St, Compton, CA 90220
Frequently Asked Questions
What type of property is this?
Warehouse - Value-add industrial opportunity near major transportation routes.
Where is this warehouse located?
The property is located at 1900 Kona Dr Compton, CA.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: Strategic location in the heart of the 91 Corridor, providing efficient access to major freeways and the Ports of Long Beach and San Pedro.; Functional 9,968 square foot warehouse on a 23,874 square foot parcel, offering a strong value‑add industrial investment opportunity.; Five (5) ground‑level loading doors, facilitating efficient logistics and operations.
