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Warehouse with Private Office Space
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2101 E 51ST ST, Vernon, CA 90058

Warehouse space with 18–21-foot clearance and loading doors, paired with substantial private office buildout.

Property Size13,720 SF
Price / SF$287.90
Days on Market148

Property Features for 2101 E 51ST ST

General Information

Standard status Active
Size 13,720 SF
Class B
Total Parking Spaces 14
Property subtype Industrial
Investment Type Owner/User

Warehouse & Industrial

Clear Height 21 ft
Drive-In Doors 2

Additional Details

Fenced Yard Yes

Building Details

Year Built 1985
Year Renovated 2018
Stories 1
Units 1
Listing Agency: The Blackmar Group
Listed By: Mark Zakarian · License #CA 01992638
Source: Crexi
Added: May 28 Changed: Oct 5 Last Checked: Oct 20 at 6:35PM

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 The Blackmar Group

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Investment Insights

Based on property information with market context.

This for-sale property offers 13,720 SF of warehouse space with 18'-21' of clearance. The building includes two grade-level loading doors and a dedicated office component totaling approximately 3,220 SF, with the remaining 10,500 SF configured as warehouse area.

The property sits on a gated and secured lot and features a newly paved, striped parking lot with 14 surface parking spaces. Delivery is noted as vacant at COE, which can help simplify transition for an incoming owner.

The combination of warehouse capacity and multiple private offices can support a range of industrial users that need administrative space on site, such as logistics, light distribution, or operations with in-house staff. With practical loading access and on-site parking, the layout is well suited for users looking for an ownership opportunity that already includes functional office improvements alongside the warehouse.

Key Highlights

  • 13,720 SF warehouse space for purchase
  • 18'-21' warehouse clearance
  • 2 GL loading doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$299,908
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,998,160 $6.0M
Cap Rate 7%
$4,284,400 $4.3M
Cap Rate 9%
$3,332,311 $3.3M
Market Conditions
NOI Build-Up for 13,720 SF
Gross rent
$526.8K $38.40/SF
− Vacancy
−$127.0K −$9.25/SF
EGI
$399.9K $29.15/SF
− OpEx
−$100.0K −$7.29/SF
NOI
$299.9K $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 Rate 5%
$5,998,160
Cap Rate 7%
$4,284,400
Cap Rate 9%
$3,332,311

Alternative Uses

Best Use
Office B
$4.28M
$3.75M – $5.00M (±1% cap)
NOI $299,908 @ 7.0% cap · market cap 7.59%
Second Best
Warehouse
$2.55M
$2.23M – $2.98M (±1% cap)
NOI $178,524 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$7.35M
$6.43M – $8.57M (±1% cap)
NOI $514,194 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center HVAC Service Pharmacy

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

21 ft
Clear height
2
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,149
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • Lineage — 2050 E 55th St, Vernon, CA 90058
  • Lineage — 2100 E 55th St, Vernon, CA 90058
  • Bonded Warehousee — 2100 E 49th St, Vernon, CA 90058
  • Recall — 2357 E 49th St, Vernon, CA 90058
  • Consolidated Cold Storage — 2885 E 50th St, Vernon, CA 90058

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space with 18–21-foot clearance and loading doors, paired with substantial private office buildout.
Where is this warehouse located?
The property is located at 2101 E 51ST ST Vernon, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 13,720 SF warehouse space for purchase; 18'-21' warehouse clearance; 2 GL loading doors
(818) 468-1377 Call to check price and availability
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