Gardena Industrial Investment
For Sale
$6,250,000
1910 W 144th Street, Gardena, CA 90249
Two industrial buildings totaling 25,056 SF on 0.67 acres.
Property Size25,056 SF
Lot Size0.67 Acres
Price / SF$249.44
Days on Market706
Property Features for 1910 W 144th Street
General Information
Standard status
Active
Size
25,056 SF
Lot size
0.67 Acres
Property subtype
Industrial
Building Details
Building Size
25,056 SF
Year Built
1960
Listing Agency:
LA Commercial, Inc.
(424) 999-5204
Listed By:
Albert Pacleb · License #01882342
Source:
Velocityrealtysd
Added: Sep 17, 2024
Changed: Aug 23
Last Checked: Aug 22 at 9:25AM
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 LA Commercial, Inc.
Investment Insights
Based on property information with market context.
Located in the South Bay submarket of Los Angeles, 1910-1920 West 144th Street presents an opportunity to purchase an industrial investment. The property includes two brick buildings, constructed between 1910 and 1920, with a large opening connecting them. The buildings total 25,056 square feet and are situated on two parcels of land totaling approximately 29,328 square feet (0.67 acres). The property features heavy power, with two panels providing 600 amp 400 volt 3-phase and 600 amps 240 volt 3-phase. Each building has oversized ground-level doors measuring approximately 14’ x 14’. Skylights provide natural light throughout the warehouse. Both buildings are equipped with fire sprinklers. The smaller building includes approximately 1,500 square feet of unfinished bonus mezzanine space, which is not included in the total square footage. The larger building features approximately 1,600 square feet of window-lined second-floor office space with an expansive open floor layout. The premises are occupied by Presentation Media Incorporated (PMI), established in 1969, for their sign, trade show exhibit, and large format printing business. PMI has been headquartered at this location since 2018 and has made extensive upgrades over the years.
Key Highlights
- Rare industrial investment opportunity in the South Bay submarket of Los Angeles.
- Two buildings totaling 25,056 square feet on approximately 29,328 square feet of land.
- Heavy power: two panels (600 amp 400 volt 3‑phase and 600 amps 240 volt 3‑phase).
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
$326,027
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
5.22%
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%
$6,520,540
$6.5M
Cap Rate 7%
$4,657,529
$4.7M
Cap Rate 9%
$3,622,522
$3.6M
Market Conditions
NOI Build-Up for 25,056 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
$402.9K $16.08/SF
− Vacancy
−$19.3K −$0.77/SF
EGI
$383.6K $15.31/SF
− OpEx
−$57.5K −$2.30/SF
NOI
$326.0K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
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%
$6,520,540
Cap Rate 7%
$4,657,529
Cap Rate 9%
$3,622,522
Alternative Uses
Best Use
Warehouse
$4.66M
$4.08M – $5.43M
NOI $326,027 @ 7.0% cap · market cap 5.22%
Second Best
Industrial
$4.18M
$3.66M – $4.88M
NOI $292,806 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$13.41M
$11.74M – $15.65M
NOI $939,042 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
Explore this area
Business Placement
Demographics for 90249, CA
27,125
Population
9,292
Households
2.9
Avg Household Size
40
Median Age
26%
College-Educated
80%
High-School Grad
3.0 sq mi
ZIP Area
9,042
Density / Sq Mi
$84,921
Median Household Income
$43,336
Median Earnings
$1,705
Median Rent
$709,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two industrial buildings totaling 25,056 SF on 0.67 acres.
Where is this manufacturing property located?
The property is located at 1910 W 144th Street Gardena, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Rare industrial investment opportunity in the South Bay submarket of Los Angeles.; Two buildings totaling **25,056 square feet** on approximately 29,328 square feet of land.; Heavy power: two panels (600 amp 400 volt 3‑phase and 600 amps 240 volt 3‑phase).
